Junior Saver’s Accounts


Now is the perfect time to start encouraging your children or grandchildren to save by setting up a Junior Account with 1st Class Credit Union.


Children aged between 0-16 years can join and have money paid directly into their account from an existing members payroll deduction or Direct Debit.


Whether your saving for their future, their first car, a home deposit or their 16th/18th birthday, we can help you start today.


To open a Junior Account please complete an application. View our Junior Account flyer here.

Terms and Conditions


  • Junior Saver’s are aged between 0-18 years of age and must be related to and reside at the same address as a Credit Union member.
  • Applications can be made by the current Credit Union member who will act as Trustee for the Junior Saver.
  • Documentation is required at the time of application to verify the Junior Saver’s identiy and address. This can be a birth certificate as well as a doctor/hospital letter.
  • Deposits into the Junior Account are made via the Credit Unions member’s current deposit arrangement.
  • The maximum amount that can be held in a Junior account is £10,000.
  • Junior Savers must hold a minimum balance of £10 in their account.
  • All shares deposited into a Junior Account are eligible for a Dividend payment at the end of the financial year.
  • All shares deposited into a Junior Account are protected under the Financial Services Compensation Scheme.
  • Following the Junior Saver’s 18th birthday, they must complete a Membership Application in order to become an adult member and gain full membership.

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Your money is protected up to £85,000