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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email: info@credit-union.coop

Sun 30-Apr-2017
Employers Payroll Deduction Scheme 5. Employer Payroll Deduction Scheme

Employee Benefit Scheme For Employers and Employees

The credit union runs a payroll deduction savings and loans scheme for dozens of employers, large and small.

Evidence shows that people are much more likely to have a savings account where employers have a payroll savings scheme with the credit union. The financial stability established by the availability of savings or low cost loans is seen as a real benefit by employees who use the service. This in turn can reduce stress caused by financial problems, reducing staff turnover, sickness levels, and absenteeism.

If you would like to take advantage of this opportunity to save money by payroll deduction, or would like to offer your employees access to secure savings accounts and low cost loans, please contact us.

Learn more about the benefits of this scheme: Mutual Benefits for Employers & Employees (PDF 0.9 MB)

Participating Employers

  • Aquaterra Leisure

  • ARHAG Housing Association

  • Balfour Beatie

  • Barnet Council

  • Barnet Homes

  • Barnet Schools

  • Bright Horizons Nurseries

  • Camden & Islington NHS Trust

  • Circle 33 Housing

  • Citizens Advice

  • City of London Corporation

  • City & Islington College

  • Enterprise plc

  • Fremantle Trust

  • Fusion Leisure

  • Greenwich Leisure

  • Guardian News & Media Group

  • Hackney Council

  • Haringey Citizens Advice Bureau

  • Haringey Council

  • Haringey Schools

  • Help on Your Doorstep Charity

  • Homes for Haringey

  • Homes for Islington

  • Hyde Housing Group / Partners in Islington

  • Islington Council

  • Islington Citizens Advice Bureau

  • Islington Law Centre

  • Islington Schools

  • Islington & Shoreditch Housing Association

  • Jewish Care

  • Kier plc

  • Legal & General

  • Linklaters

  • London Metropolitan University

  • Moorfields Eye Hospital

  • Newlon Housing Group (inc Outward)

  • Origin Housing

  • Picturehouses Cinemas

  • Royal Courts of Justice Citizens Advice Bureau

  • Rydon Construction

  • Southern Housing Group

  • St Pauls Cathedral

  • The Co-operative Group

  • Unison

  • University College London Hospital

  • Veolia Environmental Services

  • Workers Educational Association

  • Whittington NHS Trust



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  • London Capital Credit Union
  • Tel: 020 7561 1786 (Multilingual advisors available)  • 
  • Fax: 020 7272 8192  • 
  • Email: info@credit-union.coop
  • Web: http://www.credit-union.coop
Authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Firm Ref. No. 214094