Important Messages
We are currently experiencing high volumes of calls and savings applications that we are working hard to process. Please be assured that if you posted a savings application form to open one of our recently withdrawn fixed rates Bonds or ISAs, and it was received by us before 5pm on 7 May, you will automatically receive the higher rate.
Thank you for your patience at this busy time and we apologise for any inconvenience this may cause.
Bank of England Base Rate
On 8 May 2025, the Bank of England announced a 0.25% decrease in its base rate from 4.50% to 4.25%. We are committed to offering good value to all our Members, and are actively reviewing all our rates in light of the recent change.
From 1 June 2025 our tracker interest rates will reduce to reflect the base rate change.