About Us
Established in Newport in 1869 to help local people build homes, we now help people across Wales and England buy properties and save for their future.
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29 Jan 2021

We’re making a change to our Saver Plus account

Following a recent review, the Society has taken the decision to withdraw our Saver Plus product from sale. If you hold one or more Saver Plus accounts with us, you will have received a letter by no later than 4th February notifying you of the closure.

What does this mean for me? 

As a valued member, you will be able to operate your account(s) as normal until 31st March 2021. After this date, the balance of your account(s), including interest and any qualifying bonus, will transfer into an Escalator Instant product. You can view the product Terms & Conditions here.

Please remember to continue to pay into your account until 31st March and ensure you meet all other account Terms and Conditions so that you are paid the correct amount of interest and conditional fixed bonus. 

Happy to continue saving with us? You do not need to do anything, simply allow your account balance to transfer into an Escalator Instant product automatically on 31st March.   

If you do not wish to transfer your account balance in our Escalator Instant from 31st March, please complete the Account Closure Request form included with your letter, sign, date and return this in the pre-paid envelope provided 

Not received a letter? If you have a Saver Plus account but have not received a letter, please contact us on the number below or call your local branch or agency.

Savings Telephone: 01633 844340