Ulster Savings Certificates
Ulster Savings were introduced by the Ministry of Finance in 1922 to raise funds for capital projects being undertaken by Local Authorities in Northern Ireland. The operation of Ulster Savings entailed the sale of certificates to members of the public, the principal and interest on which was and remains guaranteed by the UK Treasury, but charged on the Consolidated Fund of Northern Ireland.
A decision was made to stop the sale of new certificates in 1991 and this was followed by a further decision to cease reinvestment of existing certificates in 1997.
Ulster Savings Branch, Coleraine closed on 31 December 2004. From 1 January 2005, the handling of all matters relating to Ulster Savings transferred to Finance Division, Department of Finance & Personnel, Balloo Road, Bangor, BT19 7NA.
Repayment of Ulster Savings Certificates
In order to have Ulster Savings Certificates repaid you should complete the US 5 Repayment Application form (PDF 7KB).
If your name has changed through marriage you should also complete the US 48A Change of Name on Marriage form (PDF 32KB).
When the relevant form(s) have been completed you should post them to the address below along with your Ulster Savings Certificate(s). If the certificates are missing you should indicate this in your correspondence.
All forms should be sent to the following address:-Department of Finance & Personnel
BT19 7NA Contact Number: 028 9127 7657
Advice for Solicitors dealing with Deceased cases
Solicitors should send details of the Deceased to the address above and if Ulster Saving Certificates were held it will be necessary to send a Registrar’s Certificate of Death so that a valuation can be provided.