Savings

Safe Secure Savings

Unlike a savings club, we are regulated by the FSA (Financial Services Authority) and all monies saved are covered by the FSCS (Financial Services Compensation Scheme). We also offer free life insurance*.

 

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Junior Savers Bank Project

This video highlights the work that has been carried out in Swansea encouraging young people to save for their future. It was carried out as a joint working project between LASA Credit Union (Loans and Savings Abertawe) and Communities First.

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Change in Membership Fee

As approved at our AGM (Annual General Meeting) on Thursday 12th March 2015, the Entrance Fee for new Adult members who join LASA Credit Union has increased to £3 (previously the fee was £2) with a minimum first savings deposit… read more

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2015 Survey

2015 Survey

LASA Credit Union has an opportunity to potentially provide banking services, such as automated payments, direct debits, current accounts, NISAs and debit cards. The purpose of this survey is to find out what kind of demand there may be from… read more

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New Requirement for Cashable Cheques over £2,000

As a member you will be aware that if we make a payment directly to you, it is often a cheque that can be cashed free of charge at the Co-operative Bank Swansea. Due to new policy implemented by the… read more

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Debit Cards

Now accepting card payments

We are happy to announce that you can now deposit funds into your account with a debit card, either in person or over the phone. Acceptable cards are as follows: Visa Visa Debit Visa Electron Mastercard Debit Mastercard Maestro Unfortunately… read more

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New Online Account Access

Apply for online account access today!

Welcome to our new website! One of the major new features is online account access. If you are an existing member of LASA Credit Union you can now: Check your account balances Request a statement of your account Request a… read more

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Welsh Credit Unions advertising campaign

The Credit Unions of Wales worked together to develop a national campaign which was put together using the services of the Cardiff Headquarters of leading advertising agency Golley Slater.  The project has demonstrated just how much can be achieved when… read more

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What is a Credit Union?

LASA Credit Union is a financial co-operative, meaning we are owned and run by our members (customers). Credit Unions understand their members’ circumstances and help them to access savings and loans products that they might not be able to otherwise access.

Part of the Community

We’ve been a part of the community in Swansea for twenty years providing safe, secure saving accounts and low-cost loans. We also work with a wide selection of other organisations in the community.

Free Life Insurance

Members aged 18 to 65 have free life insurance on their savings and loans. In the event a member passes away, their nominated beneficiary on the account will receive any savings plus an additional life insurance payment, based upon their savings. If a member passes away and has an outstanding loan, the loan would be paid off. Terms and conditions apply.