Latest News

08 Apr 2022

Our new website is Live!

We are delighted to announce the launch of our website. We hope you like the new look...

01 Mar 2022

We're Celebrating!

This year we're marking 25 years of serving our members. You can hear all about our...

22 Dec 2021

Wishing all our members a very Merry Christmas

The kids may think that Christmas comes ready-wrapped from Santa, but we know...

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Savings

Save With Gateway Credit Union

Save With Gateway Credit Union

If you're fortunate enough to have savings already why not place some of it with Gateway Credit Union? Your money will be accessible, 100% safe and earn a dividend when we make a surplus. Plus your savings will be put to good use in the local community by being loaned to fellow members.

When you join Gateway, we encourage you to save regularly, even if it is only a few pounds a week or month. We know that it can sometimes be difficult to save and we try to make it as easy and convenient for you as we can. If you are not sure which account or payment method would suit you, please give us a call or drop in for a chat.

We rely on our members savings to be able to give loans; we don't borrow on the money markets or take risks with your savings. We also know that our members appreciate the peace of mind that comes from having savings, often for the first time.

Every year we put aside money in our Benevolent Fund to help with members funeral expenses. £25, £50 or £75 for each year of membership. More details here.

We currently have four types of savings account for adults

and two for children

We charge an annual membership fee of £2 deducted from your Share Account at the end of September. The minimum to open a Share Account and become a member is £5. The current maximum shareholding per member allowed under our current rules is £30,000.

We have lots of convenient ways to pay into your savings or loan account. You can use any or all of them, whatever suits you best. Click here for details

Withdrawing money

Most members register a bank account with us for phone and online withdrawals up to £2000. Alternatively you can call in or post us a signed withdrawal form. We will send you a cheque or make a transfer to your bank account. Withdrawal requests are generally processed on the same working day as we receive them.

Keeping track of your savings

When you open an account we will issue you with a card and your membership number. We will normally send you an annual statement, but you can request a statement at any time. We offer an online members area for PC users, and a web app for your tablet or smartphone.

If you want to keep track of your cash payments, ask us for a passbook.