Lockdown Savings

To promote a healthy financial future, we ask all our loan members to save while you borrow.

We will ask you to save a minimum 10% of your loan value, over the period of your loan; which you can withdraw once your loan has been repaid, or keep in your CNCU Savings Account for next time you need a safety net.

If you have a savings balance of 100% of the value of the loan you request, we can offer you a lower interest loan to aid your own cash-flow and keep your savings secure.

We also offer a Christmas Savings Account, where you can make deposits to your Christmas Savings and withdraw the money in-time for Christmas (account locked-down, no withdrawals allowed outside of November-December).