Special Purpose Account

We will help you save for that important occasion by opening a separate account where you won’t be making regular withdrawals. This could be a special birthday, wedding, funeral, holiday or something else which you are planning for.

Did you know? your Special Purpose savings account is eligible for an Annual Dividend, dependent on performance. As a not for profit co-operative Salford Credit Union shares any profits with members, once we have paid our bills and built the reserves.

And because you’re a Credit Union member: your savings are covered by the Financial Services Compensation Scheme, up to a total of £85,000, as they would be with a bank. Visit www.fscs.org.uk for more information.

Once you are a member of Salford Credit Union you can apply to open a separate Special Purpose account. Use the Contact Us form to request an application form https://www.salfordcreditunion.com/contact/