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Everyone benefits from having savings - no matter how much or how little money you have. Having some savings allows us to work towards our financial goals and gives us peace of mind should an emergency arise.

Committing yourself to a regular saving pattern can be difficult but at Cambuslang Credit Union we make it as easy as possible, with a variety of savings accounts and several ways to save. Whether it's in cash at our offices or collection point, with a standing order or with a PayPoint card it's easy to get the savings habit. 

Credit Union members can save at an affordable level whether it is £1 or £100. Small regular amounts soon add up and remember at Cambuslang Credit Union you are not just another customer, but a co-owning member of an organisation which provides security and protection.

 The tables below give examples of how regular savings can soon add up!

Weekly Savings
Amount Saved    £2       £5          £10        £20        £25    
Year 1               £104    £260        £520    £1,040    £1,300
Year 2               £208    £520      £1,040   £2,080    £2,600
Year 3               £312    £780      £1,560   £3,120    £3,900
Year 4               £416  £1,040     £2,080   £4,160    £5,200
Year 5               £520  £1,300     £2,600   £5,200    £6,500

Monthly Savings
Amount Saved 
  £10      £15        £30        £40        £50     
Year 1                £120     £180      £260      £480      £600
Year 2                £240     £360      £520      £960     £1,200
Year 3                £360     £540      £780     £1,440   £1,800
Year 4                £480     £720     £1,040   £1,920   £2,400
Year 5                £600     £900     £1,300   £2,400   £3,000

As a credit union, savings are pooled to provide the resources for lending to other members. You're savings are protected by the Financial Services Compensation Scheme.

You can save as little as much as you can afford, and receive free life insurance on your savings as an added benefit.

At Cambuslang Credit Union, confidentiality is of utmost importance, and you can trust that there will be no hidden charges or fees on any service that we provide.

Your savings act as shares within the credit union, and are eligible for an annual dividend.