| Everyone benefits from regular saving.
Saving always made sense. In the current economic climate it makes even more sense. With Castle and Crystal you can save as little or as much as you like, as regularly as you like. This can be done in the knowledge that all savings are absolutely safe. We do not borrow to lend and only lend to our members.
We are authorised and regulated by the Financial Services Authority and we are also covered by the Government's Fnancial Compensation Scheme. All our members can therefore be doubly assured that their money is 100% safe with us.
There are several types of savings accounts you can benefit from which are listed below. We offer a TAX FREE Cash ISA and Junior Savings Accounts. More information can be found on these products from the navigation bar to the left of this page.
Regular Saver Account
A useful way of setting up a savings account, which can be dipped into as and when needed, whether it's for a new pair of school shoes, a birthday present or car repairs. If you have a loan with us, this account will be used to deduct your loan repayment.
The key features of this account are:
- Instant access
- Minimum balance of £1
- Annual Dividend -Our average savings dividend over the last three years has been 2.15%. dependent on the surplus.
- Unlimited withdrawals
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Christmas Saver Account
A great way to save up for Christmas, by paying a little each week, funds are set aside for when they are most needed so it doesn't feel like Christmas has crept up on you. Withdrawals can't be made until after 01st October. This is to prevent the temptation of dipping into it in advance of the festivities.
The key features if this account are:
- Instant access after 1st October
- Minimum balance of £1
- Annual Dividend - currently 3% but dependent on the surplus
- Withdrawals only allowed between 01st October and 31st January
Holiday savings accounts
You can build up enough money over the year to pay for a well-earned holiday or use it for spending money. A withdrawal can be made at any time.
The key features of this account are:
- Instant access
- Minimum balance of £1
- Annual Dividend - currently 2.5% but dependent on the surplus
- Unlimited withdrawals
How can I save?
- Cash , Cheque, 3rd party Cheque, postal orders and standing order
- Payroll deduction if employed by Dudley Council, Dudley College, Dudley Group of Hospitals, Dudley PCT and Interserve.
- You can have also have any type of benefit paid into your account (now including housing benefit)
How can I withdraw my savings?
- Bacs payments - funds can be sent directly to a bank account of your choice
- ALTO Card- Funds can be loaded onto our prepaid debit card
- Cheques- Can be made payable to yourself or any other third party
- Cash- Available to withdraw from our head office in Dudley
Benefits of Saving with Castle and Crystal
- Save as little or as much as you can afford
- You will automatically receive life insurance on your savings at no extra cost, subject to conditions
- Confidentiality is respected at all times
- No hidden charges or fees on any transactions
- Depending on reserves, shares are eligible for an annual dividend.
NOT SURE WHICH ACCOUNT IS RIGHT FOR YOU?
If you are unsure which of these accounts will suit you why not give our office a call on 01384 815771. All the services we provide are supported by the excellent services of dedicated, well trained staff and volunteers so you can be sure of a pleasant, hassle free service.
last updated 06/08/10 NP | 
05 September 2010
