Savings Child Trust Fund Account
Child Trust Fund
Invest in your child's future
- A cash account, still available for transfers in from other providers, but not available for children born before 31/08/2002 or after 03/01/2011
- Deposit up to £4,080 per year
- Cash is locked away until the child is 18 years old
- Interest is paid gross and all returns are tax-free
With effect from 01/10/16 the interest rate on this account will be 1.75%.
Why choose our savings accounts?
- We offer a varied range of savings accounts to suit your needs
- We aim to offer a competitive return on your savings
- All our accounts allow you easy instant access to your money (Except Child Trust Fund and Christmas Saver)
- Your savings are used to help provide ethical and affordable loans at competitive rates to other local members
- Any surpluses we make are invested back in to the credit union or returned to our members as a dividend