Notification of Changed Interest Rates
INTEREST RATE CHANGES FROM 1ST OCTOBER 2020
Following a review of the interest rates we pay, we are writing to give you advance notice that on 1st October 2020 we will be reducing the interest rate payable on the Premier Deposit Account by 0.25% from 1.25% to 1.00%.
On the same date, we will reduce the interest rate on the Premier Savings Account by 0.25% from 1.50% to 1.25%.
We believe that these savings rates remain good value in the current market that has seen rates fall. 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