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British Pound Coins

Save with Wherry Dragon Credit Union

As well as earning you a highly-competitive annual dividend, saving money regularly helps prepare you for the unexpected and allows you to be in control of your money. Wherry Dragon Credit Union offers a convenient, friendly and safe way of saving regularly, from a minimum of £10 per month (or £2.50 per week), whatever you can afford, up to total savings of £25,000.

 

Dividend

Every year since 1997 our savers have reaped a dividend. We cannot guarantee a dividend but so long as we continue growing and our accounts remain healthy then we can maintain an annual return.

 

Free Life Insurance* (ages 18-80)

Leave your loved ones a cash lump sum up to £5,000. Every account comes with free life insurance, which is paid for by Wherry Dragon Credit Union. If you died your nominated beneficiary will receive any savings plus an additional life insurance payment, based upon your savings. *Terms and conditions apply

Safe

Credit Unions are registered under the 1979 Credit Union Act and your savings are protected by the Financial Services Compensation Scheme. We are authorised regulated by the Financial Conduct Authority. 

Payroll Deduction

As your payment to us is deducted by payroll before your money goes into your bank, you don’t feel the impact but you get the benefit of building up your personal wealth.

Withdrawing Shares

You can withdraw your shares at any time by requesting a BACS transfer. Just complete a share withdrawal form. Most withdrawals are processed within 7 days. For large share withdrawals, the rules allow for 60 days’ notice. During busier periods we may need to apply this rule. 

Low-Cost Loan

As an alternative to share withdrawal, you could instead take out a personal loan allowing you to keep your savings balance intact.

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