Our Child Benefit Account
You can now arrange to have your child benefit paid directly into your credit union account making it a straightforward and hassle free way to save. Should you decide to open one of these accounts you may also decide to apply for a loan of up to £500 straightaway without the need to save with us for 8 weeks beforehand.
Our Child Benefit Loans take the hassle out of having to remember when your repayment is due or making a trip to our office especially when circumstances make it difficult to get in. As your Child Benefit is paid directly into your credit union account we ensure that your loan is always paid on time and that any additional monies are placed in your savings ready for you to withdraw when needed.
Withdrawing your savings is simple too. Call us before midday, Monday - Friday and as long as we have your completed authorisation of file we aim to have the funds transferred to your bank account the same day.
Child benefit loans are issued over a period of 1 year.