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Have you been organised with your finances this year?

By DPF Admin23rd November 2017August 6th, 2019Area Updates, Latest News, Northern Updates, Southern Updates

If you have, well done – keep it going! If you haven’t, now is the perfect opportunity to plan in advance for 2018 (and make sure it doesn’t happen again).

When you save with No 1 Copperpot, you can access your money whenever you need to. Your money isn’t locked away and there’s no limit to how many times you can withdraw funds. This is why many of their members use their Credit Union account to save for Christmas.

Some people even have two savings accounts with us so it’s clear the funds are for different purposes. One pot of money may be for a holiday and one may be for Christmas. For example, all of their members have a Member Account because this is what starts your membership, but many of their members open a Reserve Account too. You could use your Member Account for one savings goal and open a separate account for another (only if you want to of course)!

Are you tempted to use the No 1 Copperpot Credit Union to save for Christmas? Well, what’s stopping you? Some people save into different voucher schemes each year so that it helps them to spread the cost of Christmas. This is very similar however you’re not restricted to where you can spend vouchers – as it’s simply your own money. And what’s even better is that by saving with your Credit Union you earn your share of their profits every year too!

Savings £25 each month means that you each year you can withdraw £300 to spend on Christmas. Need £600? Save £50 per month! Simply decide how much you can afford to save, or decide how much you need at the end of the year, and your money will soon start stacking up.

Plan now for 2018. Join the Credit Union.

No.1 Copperpot Union

Savings are protected by the Financial Services Compensation Scheme up to £85,000.You can hold a maximum of £40,000 with us across all saving accounts.

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