Shares 1

Share 1 account

Start saving today – You will soon see the £££’s add up!!

Your share 1 account is your main credit union savings account. You can choose to save as much or as little as you want.

All we require is that £5 remains in your share 1 account at all times to ensure your account remains open.

Members are required to have an active share 1 account at all times to retain their membership of the credit union.

All loans are based on the balance of your share 1 account and your history of deposits may be taken into consideration.

Please check our loans section to see how much you could be eligible to apply for.

You can choose to save on a weekly, fortnightly or monthly basis and the amount you save is up to you. There is no minimum or maximum amount.Your savings are insured FREE OF CHARGE and any benefit due will be paid to your next of kin often when it is needed most. Please make sure you read our insurance section for full details.

There are no hidden fees or charges on your transactions and you can relax knowing that your savings are covered by the Financial Services Compensation Scheme.

There are several ways you can deposit into your shares 1 account:

  • Call into the office and pay by cash, card or cheque.
  • If you work for South Lanarkshire Council or one of our partner employers, you can arrange a payroll deduction.
  • Set up a standing order to be deducted from your bank account.
  • Phone or call into the office to pay by debit card or alternatively register for our online services and pay with your debit card via our website.

Please note that the minimum payment accepted by debit card is £10.00.