Saving for that special event
Build a savings pot to achieve your goal
Whether it’s a dream wedding, a once in a lifetime holiday, a new car, university fund or a special occasion, a Nest Egg account allows you to put by a little each week or month. Simply tell us what you are saving for and how much you want to save in the Nest Egg and we will set it up for you.
Financial Services Compensation Scheme
Your eligible deposits with Hoot Credit Union Ltd are protected by the Financial Services Compensation Scheme, the UK’s deposit protection scheme.
Credit unions are regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Free life savings insurance
Hoots offers free life insurance on your savings and on your loans (age restrictions and limits apply).
The amount covered depends on your age when you put money into the credit union There is no insurance on money saved under the age of 18 or over the age of 80.
How our free life insurance can help:
Life cover protects adds to your savings in case of death and repays your loan if you die before you have paid it off (terms and conditions apply).