Credit Union News

The RMT Credit Union is looking for a experienced credit control person to help in Credit Union volunteering. If this is of interest to anyone please contact us immediately.

Please note the new date for Monthly Cycle collection of Direct Debits will be on the 15th of every month.

 Summer/Autumn 2019 Newsletter

Financial Services Compensation scheme

The amount of protection offered by the Financial Services Compensation Scheme is presently £85,000 per person but for joint accounts this can be up to £170,000. 

Summer Club

Update to all Credit Union members !!
The RMT Credit Union Summer Club 2019 has paid out as of 12 June 2019.


The RMT Credit union will now be collecting shares on the 2nd of each month.

Junior Account

Parents and grandparents that are either separated or divorced can now open a junior account for their child or grandchild. Click on heading for more.

Dividend and Tax Update

Dividends are paid gross by all credit unions but members are reminded about tax - click on heading for more

Tax and Dividend Update for Non-UK Residents

HMRC is seeking to change all credit unions' handling of dividends to non-UK residents - click on heading for more

Christmas Club

The Christmas Club dividend pay out is 0.5% and the money you have all saved in the Christmas savings will be paid out on 13 November 2019.