Southwark Smart Savers – don’t miss out

Southwark Smart Savers
The 2016 Southwark Smart Savers scheme is now live. Last year hundreds of Southwark students claimed their £10 voucher. Is your child a Southwark Smart Saver? If not, you have until 2 September 2016 to claim your voucher.

London Mutual Credit Union coming to Canada Water library on

Wednesday 24 February – Canada Water library, 2pm to 5pm
Wednesday 2 March – Canada Water library, 2pm to 5pm 

What you need to bring:

  • Southwark voucher Letter (if it contains the current address of the child)
  • Proof of identity and address of parent/guardian
  • Birth certificate or passport for your child

What is Southwark Smart Savers?

Southwark Smart Savers has been designed to help young people to save and teach them about responsible financial behaviour including experience of money matters, budgeting, saving and handling cash; giving them the tools to manage their money well into adulthood.

Who is eligible?

We want to raise a generation of financially savvy smart savers, starting with every year 6 child from Southwark.  If your child is a resident of Southwark and is in year 6, they can claim a £10 voucher to deposit into a new or existing London Mutual Credit Union junior saver account.

How to claim your voucher

In February this year Southwark Council sent a letter to all parents/carers of eligible children, however if you have not received the letter or have misplaced it, you can email the council at the address below and they will send you a new letter.

  southwarksmartsavers@southwark.gov.uk

If you have received their letter and voucher but are yet to redeem it, you can cash your voucher simply by:

  • Visiting any London Mutual Credit branch (find branches here) – don’t forget to bring along the letter and your child’s birth certificate. If you are not a member yourself, you will also need to bring proof of ID
  • You can either set up a new account for your child and deposit the £10 voucher or add the voucher to your child’s existing credit union account.

What is London Mutual?

Credit Union Logo

London Mutual Credit Union is a not for profit organisation that provides a range of financial services to its members. They offer a safe and convenient place to save and also provide loans at a very reasonable rate of interest. London Mutual Credit Union is driven by an ethos of service to their members, rather than maximising profits.

  Find out more about London Mutual

For more ways for the whole family to make smart savings click here

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