Junior Savers Interest Rate

At a recent Board meeting, the directors agreed that the interest to be paid on junior saver accounts for the year 2020/21 should be 0.5%, applied only to the first £3,000 of savings.

The interest, calculated on savings over the year, will be added to individual accounts from the end of September 2021.

The interest paid to junior savers is decided by the directors annually based on performance during the year.