Credit union savings account
- Financial cooperatives owned by their members
- Generally not wide choice of credit unions to join
- You may get a dividend
- Sometimes credit unions will pay you a bonus
- They will not collect money from your home
- Flexible payment options including collection points or direct from wages
- If a credit union in England, Scotland or Wales goes bust, your money is protected up to a set limit. For Northern Ireland,
check with the Companies Register - They do not pay out in vouchers
- It's up to you when you take your money out
- You do not have to buy from a particular shop or supplier
