London Mutual :: Your Local Banking Choice

Young Saver Account

Please note: ALL fields are required except where stated

You can open a young saver account if you are under 16 and you go to school in Southwark, Lambeth, Westminster or Camden OR you live in Southwark, Lambeth, Westminster or Camden.

Additionally, you can also become a young saver by using the Southwark Smart Saver £10 voucher. Please select yes if you have received this voucher?

Details of young saver

Title:*

First name:*

Middle name:

Surname:*

Date of birth:* * *

Mobile: (if available)

Email: (if available)

Name of school:

Current address
Please wait...

Postcode:* * * *

Address line 1:*

Address line 2:

City:*

County:*

Do you pay tax outside of the UK? *

Yes

Where are you resident for tax purposes?

What is your tax identification number (TIN)?

If you are a resident in a further country for tax purposes, please select it

Further resident tax identification number (Further TIN):

Details of trustee

A young saver must have an adult to act as trustee to oversee the running of the account and authorise withdrawals

Trustee Title:

Trustee First name:

Trustee Surname:

Trustees address

Same as above:

Postcode:

Address line 1:

City:

County:

Relationship to young saver:*

Trustee's Contact Number:*

Trustee's Email:*

I am the trustee of the above account until the young saver reaches the age of

At that age he/she will have total control of their own account, including withdrawals. I agree to abide by the rules of London Mutual Credit Union. I give permission for the school to confirm my child’s identity and address.

I confirm that I received a copy of the Financial Services Compensation Scheme Information Sheet and Exclusions List.

We would recommend that you save and print a copy of the FSCS Information Sheet and Exclusions list for your reference

Privacy and Data Protection Statement: In accordance with Data Protection Act 2018, and the General Data Protection Regulation 2018, the London Mutual Credit Union Ltd will ensure that your personal data is processed lawfully, fairly and transparently. Data will be collected for specified, explicit and legitimate purposes and not processed in a manner incompatible with those purposes. The personal data that we hold will be accurate and - where necessary be kept up to date. London Mutual Credit Union Ltd will not pass your personal data on to any third parties except where processing by a third party is necessary for the performance of a task or a contract. We will use your data to process your application and to help manage your account(s) and any service you use. Your personal details will be treated confidentially and will only be shared with other agencies for the purposes of credit referencing, fraud prevention and debt recovery. Please read our full Privacy Policy at creditunion.co.uk/privacy-policy or ask us for a copy in branch.