You can open an account with a £2 non-returnable membership fee and a £5 opening deposit. The minimum amount to keep your account open is just £1 and the maximum amount you can invest is £15,000. You can open your account with cash or a cheque, made payable to Barrow & District Credit Union, and you can also set up a standing order.
At our Annual General Meeting each year, the Board of Directors will consider an annual dividend which may be paid to all saving members.
Once you have saved regularly for 3 months, you can apply for a loan at a preferential rate of interest.