Charges

PLEASE NOTE THAT WITH EFFECT FROM 1 APRIL 2017, THE FOLLOWING CHARGES WILL APPLY:

 

OUR MEMBERSHIP JOINING FEE WILL BE £2.00 

(THE MINIMUM DEPOSIT WHEN OPENING A SAVINGS ACCOUNT IS STILL £1.00 )

 

AN ADMINISTRATIVE FEE WILL APPLY TO LOANS TAKEN OUT WITH EFFECT FROM 1 APRIL 2017, PAYABLE AT THE TIME OF SIGNING THE LOAN AGREEMENT. 

 

£5.00 CHARGE ON LOANS UP TO £2000

£10.00 CHARGE ON LOANS BETWEEN £2000 – £4000

£20 CHARGE ON LOANS OVER £4000

 

TWO FREE FASTER PAYMENTS PER MONTH WILL BE ALLOWED FOR EACH ACCOUNT.  A CHARGE OF £1.00 WILL THEN APPLY FOR EVERY ADDITIONAL FASTER PAYMENT REQUESTED.