Notification of Changed Interest Rates

Following a review of the interest rates we pay, we are writing to give you advance notice that on 1st January 2017 we will be reducing the interest rate payable on the Premier Deposit Account by 0.25% from 1.50% to 1.25%.

On the same date, we will reduce the interest rate on the Premier Savings Account by 0.25% from 1.75% to 1.50%.

We believe that these savings rates remain good value in a market that has seen rates fall steadily in recent years. We appreciate you saving with us and hope that you will continue to support the growth of LASER Credit Union. Your savings continue to be safe and protected by the Financial Services Compensation Scheme.

A D Teale

LASER Credit Union Ltd is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FCA Registration number 216632. LASER Credit Union Ltd is a member of the Financial Services Compensation Scheme and the Financial Ombudsman Service.