If you’d like to withdraw some shares, you need to print and complete the form included below. You can then post it to our Freepost address or deliver it to one of our service points. Remember that the amount that you can borrow is partly based on your share balance, so by withdrawing shares, you will reduce the amount that you could borrow.
We will normally process a share withdrawal within five working days, but it may take longer to process a large withdrawal (we are allowed to take up to 60 days) so try to give us notice if you want to withdraw more than £500.
If you currently have a loan from the credit union, you may be able to withdraw some shares, but you will need to keep at least 25% of your current loan balance in your share account. The loan committee will also need to approve your withdrawal.