Hopestead Saving | Eastern Savings and Loans
Hopestead Saving

Working in Partnership with Hopestead

If the past 12 months have taught us anything, it’s that we need to come together to support each other. That is why we are working with Hopestead to offer this amazing savings scheme to tenants of Flagship Group.

If you are a resident of a Flagship Group property and have been referred to us from Hopestead, you can receive a bonus of up to £100 for regularly saving through the scheme.

How LongYou save:Hopestead Bonus
3 Months£30 (£10 minimum per month)£15 (Including refund of £5 Joining Fee)
6 Months£60 (£10 minimum per month)£20
12 Months£120 (£10 minimum per month)£65 (Including refund of £13 annual Membership Fee)

This incredible offer is available to adult (18+) members of Eastern Savings & Loans that have been referred by Hopestead. It is easy to join our Credit Union, just apply for a membership account online by following the link below ‘Join the Credit Union’. All you need is a PayPal account or valid debit card to pay the Joining Fee of £5 (Hopestead will reimburse you the cost of the joining fee after three months of continuous saving).

Key Questions

How do I get referred for the Savings Scheme?

Please contact your Flagship Group Housing Officer for further details on how you can apply for the savings scheme. Once you have expressed your interest, your Housing Officer will make a referral to Hopestead and will assist you in completing the online application form.

How do I open a Hopestead savings Account?

Once you have discussed the saving scheme with your Housing Officer you will need to follow the link above to open an Eastern Savings & Loans Credit Union account. Please click on the drop-down link to confirm you have been referred by Hopestead. You will need a PayPal account or a debit card to pay the joining fee of £5. This will be reimbursed by Hopestead after 3 months, if you have saved a minimum of £10 per month.

Can anyone get the Hopestead Saving Bonus?

We need to receive a referral form from Hopestead to confirm you are a tenant of Flagship Group and that you qualify for the saving bonus.

What ID do I need to open an account?

Our Online membership application will run an ID check, to confirm your ID. If you do not pass the check, we will email you asking for further information.
Our list of acceptable ID Documents.

Can more than one person from a household open an account?

Yes. It is open to adults (18+) only, and we will need a referral form for each new member opening an account.

What happens if I take my savings out?

If you leave some of your savings in and keep saving regularly, after 3 months, you will qualify for the bonuses again, (£30 after 3 months, £60 at 6 months).

Can I save weekly?

Yes, as long as it adds up to a minimum of £10 per month.

If you can’t find the answer here, please get in touch and we’ll be happy to help

What we offer

Engage Account
Engage Account

VISA debit card, no credit check, no overdraft, no hidden fees.

Financial Wellbeing
Financial Wellbeing

Get to grips with your finances by using our portal of tools, blogs and articles for better money management.

Free Life Insurance
Free Life Insurance

Savings insurance comes as standard with an adult account. Making the lives of families and next of kin easier in the event of a death.

Members of ABCUL

Members of ABCUL

Your money is protected up to £85,000

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority

Authorised and Regulated by the Prudential Regulation Authority

Members of ABCUL

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority