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Credit Union Savings

  • 12-02-2005 7:47pm
    #1
    F Fiesta
    Closed Accounts Posts: 97 ✭✭


    I remember when some sort of saving scheme was introduced a few years back, huge interest rates, etc...


    Now that some of the people will be taking out their investment (5 years are up I think), will the Union be doing something similar in a few months?


    The last time that it was around I was too young to invest.


Comments

  • #2
    ranDom_tAsk
    Closed Accounts Posts: 888 ✭✭✭ranDom_tAsk


    F Fiesta wrote:
    I remember when some sort of saving scheme was introduced a few years back, huge interest rates, etc...


    Now that some of the people will be taking out their investment (5 years are up I think), will the Union be doing something similar in a few months?


    The last time that it was around I was too young to invest.
    well that would be nice, if you mean the SSIA i cashed mine in last week :rolleyes: , well i needed the money, but i hope the CUs do one next year..


  • #3
    F Fiesta
    Closed Accounts Posts: 97 ✭✭F Fiesta


    Yes, the SSIA.


  • #4
    holmsey
    Closed Accounts Posts: 24 ✭holmsey


    im afraid the SSIA was a once off thing, it was the government rather than the banks who were paying the extra 25% on peoples savings and it ended up costing them far more than they originally thought it would, so i doubt it will ever be done again.


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