Junior Savers

It’s never too early to start a savings habit. Junior Saver accounts offer young people (and their parents, carers, grandparents and more) the opportunity to put money aside for things in the future. If the young people themselves can get in the habit, evidence shows they are significantly less likely to have financial difficulties when they are older.

There may be a dividend on Junior Saver Accounts, although this is not guaranteed and depends on the financial performance of the credit union.    For the year to Dec 2015, a dividend of 1.5% was paid to Junior Savers.