March Saving made simple. yhousing.co.uk

Transcription

1 March Saving made simple

2 It doesn't have t o be t his way: Wit h a Credit Union on your side you?ll have t he peace of mind of being in cont rol of your money. You can access a range of current and savings account s t o suit your financial needs and no longer need t o t urn t o ext ort ionat e pay day loans or doorst ep lenders. That is why Equit y Housing Group is working in part nership wit h Leeds Cit y Credit Union t o bring t hese services t o all our cust omers? no mat t er where in t he count ry you live. Leeds Cit y Credit Union offers a range of product s including: Account s t o help you manage your money: Bill Paying/ Budget Account : Benefit changes and t he int roduct ion of Universal Credit means t hat many cust omers will need t o budget t o have enough money t o pay rent and ot her import ant bills. The Bill Paying/Budget Account helps you t o manage your money by ensuring your bills are paid each mont h. You do not have t o wait for benefit changes t o affect you? you can open t his t ype of account at any t ime t o help you manage your bills. Credit Union Current Account : This is similar t o a bank current account and includes a debit card. Wit h a Credit Union Current Account you can: - Access your money 24 hours t hrough ATM machines and?cash back?in shops Make purchases in shops and on t he int ernet Set up st anding orders and direct debit s t o make payment s. Pre- paid Visa Debit Card??Flexible Cash?: An alt ernat ive t o t he Current Account, wit h t his account you can load your cash ont o a prepaid card in branch or via t he phone. The benefit s are: - Inst ant access t o your money at an ATM or when out shopping Cannot go overdrawn Minimal charges

3 Ot her account s: In addit ion t o t he above, t here are ot her useful product s you can t ake advant age of including: Account : Membership and savings Benef it / Key Feat ur es: Inst ant access Membership and savings Regular saver Minimum savings 20 per mont h/ 5 per week Maximum of one wit hdrawal a year Loyalt y Minimum balance 1,0 0 0 Maximum of one wit hdrawal a year Payroll saving A great way t o save wit hout effort Christ mas club Build a nest egg for Christ mas Save t hrough t he year Wit hdrawals only in November and December First saver account (for under 18s) A great way t o encourage young people t o save Inst ant access Plus? t here are easy ways t o check t he balances on all of your savings and bank account s? by phone, t ext or online. Personal loans: Leeds Cit y Credit Union (LCCU) offers personal loans bet ween 50 0 and 15,0 0 0 at fair rat es of int erest. They are available for any purpose and are a real alt ernat ive t o much more expensive doorst ep lenders and payday loans.

4 Happy t o help: If you need financial guidance or are unsure if a credit union is for you, cont act Shaheeda Bashir, Money Advice Officer on moneyadvice@equit yhousing.co.uk About Leeds Cit y Credit Union: Leeds Cit y Credit Union (LCCU) is a financial co- operat ive set up t o give it s members compet it ive savings plans and access t o affordable loans at a fair rat e of int erest. Credit Union members enjoy a st raight forward, honest approach t o t heir money. LCCU is a?mut ual?, meaning it is owned by all members for t he benefit of members alone. It is a communit y- focused organisat ion wit h 25,0 0 0 members, and is one of t he largest credit unions in t he UK. Cont act Equit y: cust omersolut ions@equit yhousing Leeds Cit y Credit Union is aut horised by t he Prudent ial Regulat ion Aut horit y and regulat ed by t he Financial Conduct Aut horit y and t he Prudent ial Regulat ion Aut horit y?firm reference number

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