Flood Save is a match funded savings scheme for business and homes not covered by the FloodRE scheme in Calderdale. The Community Foundation for Calderdale have invested £500,000 from the flood fund, in the event of a flood this money will be used match fund *100% of savings made by members.
Who can join the scheme?
The scheme is available to those businesses and homes that are not covered by FloodRE. The eligibility of businesses and householders becoming members of the scheme is expected to be primarily determined on previous experience of flooding and location.
How to join the scheme?
- To join, please download the application form here Please bring the completed form into a Credit Union branch, and a new savings account will be opened with Calderdale Credit Union. Please Note: You need to bring your ID to your local credit union branch to complete the process.
- You will pay regularly into your Flood Save account with cash or monthly standing orders of £10, £25 or a maximum of £50 (savings will be covered by the Financial Services Compensation Scheme). The maximum savings allowed is £5,000.
From June 30th, every Thursday in the Watermark Community Hub Calderdale Credit union staff will be on hand to help with and except Flood save applications. Location:2 Picture House Buildings, New Road, Hebden Bridge, HX7 8AD. Formally the Milk Bar)