High Savings Rate
Market-leading savings rate of 4.5% AER – better than most high street banks
Ethical Savings
Money saved with Clockwise helps support the financially excluded and various local organisations
Keep Money Local
Clockwise Credit Union is only open to people in the local communities of Leicester, Leicestershire, Rutland, Northamptonshire, Coventry and Warwickshire
The Clockwise Cash ISA gives you 4.5% AER interest and helps you make the most of your tax fee allowance.
Save up to £20,000 in the current tax year and/or transfer in ISA allowances from previous tax years.
You can deposit into an existing ISA via the Clockwise app, online, by phone or in branch.
To transfer your ISA to Clockwise, please follow these steps:
Your Money Matters
By saving with us, you not only get a financial return, you also know your money is contributing to positive change in your local community.
Community Grant Scheme
When you save or borrow with Clockwise your money is invested back into the community. Clockwise operates a Community Grant Scheme that awards local groups and individuals grants for a whole range of items that ultimately benefit the community the group/individual works to serve.
Clockwise Social Impact
The Social Return on Investment (SROI) approach is a technique widely used to assess the impact an organisation has on the community it serves.
The survey confirmed that among our borrowing members, financial exclusion was the biggest obstacle faced.
Supporting the Financially Excluded
A Credit Union is a financial cooperative owned and controlled by its members. Much like a High Street bank, Credit Unions can provide savings, loans and a range of services to their members. Unlike a bank, Credit Unions do not have to answer to shareholders or investors. So the emphasis is always on providing the best service to members – not maximising profits.