This account allows members to put money aside well in advance for Christmas
Members can either allocate a portion of their current deduction, or increase it to cover the amount they want to go towards the special day. Saving a small amount each pay day soon adds up.
Savings are safely put aside, ready for withdrawal from October 1 to the end of February. Any withdrawals outside this time will incur a £5 charge to deter members from dipping into their Christmas Savings Pot!
To apply for our Christmas Club, phone the North London Credit Union office today on 020 8366 8244.
Financial Services Compensation Scheme
All accounts benefit from our participation in the Financial Services Compensation Scheme (FSCS).
The FSCS can pay compensation to depositors if a credit union is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme.
For further information about the scheme (including the amounts covered and eligibility to claim) please call us on 0141 445 0022 or ask at your local branch, refer to the FSCS website or call 0800 678 1100 or 020 7741 4100.