Page 1 of 1

Watch yer CU

PostPosted: Tue, 03 Mar 2009 1:14 +0000
by Stig

PostPosted: Tue, 03 Mar 2009 2:39 +0000
by leamyj
I reckon if someone could come up with a mattress that's both comfortable and secure enough to keep your money under without fear of theft/fire etc., they'd be very wealthy before long

John

PostPosted: Tue, 03 Mar 2009 3:42 +0000
by Stig
*hmmmmmmmm, Ollie makes mental note* :D

PostPosted: Tue, 03 Mar 2009 3:56 +0000
by Steve
Am I right in thinking that the Government guarantees savings of up to 100k?

PostPosted: Tue, 03 Mar 2009 4:30 +0000
by Stig
Yes, all CU's are covered - but seeing you have over 100k in there Steve, you're NOT! :D

PostPosted: Tue, 03 Mar 2009 4:44 +0000
by fabfiveferg
I also thought that CUs were for people only. This crowd seem to have been lending for business as well.

I'm probably going back to the old days when I opened my account with my communion money.

PostPosted: Wed, 04 Mar 2009 1:52 +0000
by Midlifecrisis
been involved in local CU for years & would've always extended loans to small business etc - even "builders"... but always a rolling credit facility as opposed to large wads of speculative cash. Sounds like these boys went "Anglo"