Adult Savings
Savings Account
Our main savings account that all Member have.
You can deposit as much as you want and withdraw up to £200 per day* and you can withdraw funds whenever you wish.
A minimum of £2 must be kept in your Savings account at all times to keep you account open.
t&cs apply
Rainy Day Account
One of the best ways to build financial security is to have enough in savings to handle emergencies that come our way. Our Rainy Day Savings account makes building an emergency savings fund easy.
Members use this account for Holidays, Weddings and to leave a sum for funeral expenses.
Christmas Savings Account
Take the stress of Christmas and open a Christmas Savings Account today*
You can save as much or as little as you like, weekly, fortnightly or monthly.
e.g save £15 from January to October and you'll have £150 when the account is unlock on 1st November ready for Christmas
You to only withdraw money from this account from the 1st November until the 31st December.
t&cs apply
Prize Linked Savings Account
Our Prize Linked Savings account gives you the chance to win money simply by saving.
£1 you save, is 1 entry into our prize draw. Where you can have the chance of winning £5,000 per month! You can withdraw money at anytime too, giving you the freedom to save.
We are the only Credit Union in Wales to be offering this scheme.
What are Attached Savings?
We ask every member who borrows, to save money into an Attached Savings.
This savings account cannot be accessed until the loan is paid off and helps you to save some extra cash once the loan has finished.
Our Attached Savings account, allow us to lend to other members, as you are borrowing from your fellow members’ savings.
How can you pay into your account?
You can pay in cash and cheques into the office at 139 High Street in Merthyr Tydfil, Monday to Friday 9.30am to 2.30pm
Via Standing Order from your bank account.
Via MoneyWorks Wales payroll deduction, saving directly from your pay.
With cash/cheque at one of our Community Collection Points
What is MoneyWorks Wales?
MoneyWorks Wales is hassle free savings and borrowing paid directly from your wages. To start saving or apply for a loan check if your employer is already part of the scheme, then fill in a payroll deduction form, sign it and send it to us Merthyr Tydfil Borough Credit Union.
Current Employers who are part of MoneyWorks Wales
Merthyr Valleys Homes, Merthyr Housing Association, Merthyr Tydfil Institute for the Blind, Welsh Government, Merthyr Tydfil County Borough Council, NHS Cwm Taf Morgannwg University Health Board, JNP Legal, Tydfil Training, and Merthyr Tydfil Leisure Trust.
If you are an employer or employees who would like further information about offering MoneyWorks Wales payroll deduction to your staff, click here
