Saving via salary deduction

Salary deduction makes saving or repaying a loan automatic. The money goes straight from your wages into your credit union account on payday, so there’s no risk of overspending or missing a repayment. It’s simple, reliable, and helps keep our costs down—allowing us to offer fairer rates and more affordable loans to our members.

If your employer is one of our partners, you can choose salary deduction when you join online. Simply select your employer’s name from the list and confirm how much you’d like deducted each month. We’ll set everything up with your payroll team, so your savings or loan repayments start straight from your next payday.

That’s great to hear! Offering salary deduction is a simple, cost-free way to support your staff’s financial wellbeing. We’ll guide you through the setup process with your payroll provider and make it easy to get started. Get in touch with us to learn more.

You’ll always keep your account with us, even if you move jobs. If your new employer also offers salary deduction, we can transfer your arrangement. If not, you can still save and make repayments by Direct Debit, standing order, or through our app—so you never lose the benefits of membership.

No. Your employer only sees the total deduction amount sent to the credit union. They won’t know whether it’s for savings, a loan repayment, or both. Your arrangements remain fully private and confidential between you and us.