NET
The rate of interest which would be payable after allowing for the deduction of income tax of 20%.

AER
Stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year (or monthly, or half yearly, as the case may be).

APR
Annual Percentage Rate - this is meant to be a way of comparing the cost of credit. It takes into account most of the up-front and on-going costs involved in taking out a mortgage.

CCJ
County Court Judgement.

Membership Rights
Please refer to the Society's Terms and Conditions or a copy of the Society's Rules for information. Copies of these are available from our Head Office.

Investor Protection Scheme
The Society is a member of the Financial Services Compensation Scheme. You may be entitled to compensation from this Scheme if we cannot meet our obligations.

Payments under the Scheme are limited to a maximum of £31,700, that is 100% of the first £2,000 of an investor's total shares and/or deposits in the Society, and 90% of the next £33,000. Most investors are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares/permanent interest bearing shares. Although most shares and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society or from the Financial Services Compensation Scheme.

The Society's Bank Details
If you wish to pay your salary into your investment account, the following details will need to be quoted:

Sort code: 60-14-10
Account Number: 89883209
Your investment account number