Premier Investment Account

The Premier Investment Account is design for savers wishing to invest a lump sum deposit over £2000. Read the account Terms and Conditions for more information.

For legal reasons we cannot guarantee the dividend payable on savings in advance. Churches Mutual has paid a dividend on savings every year since it was formed, apart from for our financial year 2019/20 when the economic climate caused by the Covid-19 pandemic reduced the amount of trading surplus and the Board of Directors took the necessary decision to consolidate the Credit Union's reserves with what was available. we do hope to pay a dividend again for the year 2020/21 once the outcome of the year is known.

Dividends are paid before tax. There are no penalties for withdrawals but if the balance of the account falls below £2000 for more than 30 days it does revert to a Regular Savers' Account. The initial deposit is a minimum of £2000. From 1st February 2021, additional deposits can be made up to a maximum of £45,000.

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