We would like to inform the members of the Christmas Savings Club of the current state of matters which may affect the continued running of the Savings Club beyond this year’s annual pay-out.
Unfortunately, the two long standing managers of the Savings Club, Sue and David, who have given up a massive amount of their time over the years, to be here every Friday night to collect savings from club members, have taken the decision to retire with effect from the end of the year. This means that, unless we can find a minimum of two people to take over the running of the Christmas Savings Club, we will have to close the savings club for deposits from December 7th. 2024.
Further to this unfortunate state of affairs, we are having difficulty in sourcing a bank or building society account which will house the deposits of the members of the Christmas Savings Club. Most banks and building societies are unwilling to allow large amounts of cash to be withdrawn from these accounts, and would rather we pay out the savings to the club members by bank transfer.
We will therefore be carrying out a survey of savings club members over the next few weeks in an attempt to find out if savings club members are willing to receive their pay-out via bank transfer. Dependant on the outcome of this survey, and also if we can find two members of the social club to run the savings club, will depend on whether the savings club will continue.
If any club member(s) wishes to be considered for the position of managing the Christmas Savings Club, please apply to psscipswich@outlook.com in the first instance.