Deposits with the Society are secured over the total mortgage book.  These are all first mortgage security to a maximum of 70% of valuation.

The Society also has reserves making up 35% of the loan values.

Interest is paid at maturity of the Term deposits or at 30 September and 31 March and can be paid out, credited to a call account for withdrawal at any time, or added to the principal at maturity and reinvested.

There are no Fees

Competitive Rates of Interest are calculated on a daily basis and credited to Call Accounts on 30 September and 31 March.

Rates at Present

On Call 2.50%

Term Deposits:

- 3 Months 3.5%

- 6 Months 4.25%

- 1 Year 4.50%

For further information please Contact Us by phone or email.