Salary Savings Scheme

Save and borrow straight from your pay, available to South-west employers and staff.

Join Us

Workplace savings

We partner with organisations headquartered in the South-West to offer employees access to ethical savings and affordable loans through their workplace. You can join the credit union if your employer is a partner, open a savings account and apply for a loan.

Contributions to your savings — or repayments on your loan (or both) — are taken directly from your net salary each month and sent to us by your employer.

It’s simple, secure and confidential, and you can make changes at any time.

For employers

The financial well-being of your employees is vital

Financial worries affect both mental and physical health, impacting directly upon employee performance. We can help your employees take control of their finances, so they can focus more on your business. Under your corporate responsibility agenda, you can help provide your employees with access to an experienced savings and loans provider and facilitate contributions from payroll.

Credit Unions can provide:

  • Savings plans to protect against financial emergencies, but also to save for larger expenses
  • Ethical Loans for a range of purposes
  • A wide range of products and services to help support your employees

Savings are protected by the Financial Services Compensation Scheme (FSCS) and provide long-term protection for your employees and their families - and if they do need to borrow, you can help make sure it is from a fair and regulated provider.

Testimonial

Read more about the scheme in the pdf below:

Contact

Email us to arrange a time to talk about launching a scheme for your employees: Kathryn Delve, our Business Development & Marketing Manager kathryn@westcountry.org.uk

Refer a colleague today

Refer a colleague to us and get £10 when they become a member! (£10 for every referral up to a maximum of £50 each year.)

Introduce and Earn

We're a community-based financial co-operative so the more members we have, the more everyone benefits from our affordable loans and safe savings. That's why we are keen to grow our members across the South-West region.

Refer a colleague to us and get £10 when they join* by completing the form on the right. To comply with GDPR, we can’t collect your colleague’s data from you, so please send us your details using the form below. Then we’ll send you an email which you'll need to forward to your colleague.

To qualify for the £10 referral incentive payment, your colleague must complete a membership application form and deposit £1 to activate their membership share account.

*(£10 for every referral up to a maximum of £50 each year.)

Refer a colleague

Refer a colleague
Refer a colleague