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NewsA happier more productive workforce at minimal cost? That makes sense.
A happier more productive workforce at minimal cost? That makes sense.

Debt and money worries are among the main causes of employee stress. Result: illness, absenteeism and reduced productivity.

A Wolverhampton City Credit Union payroll scheme can help your employees to save regularly. It can also help to prevent debt by providing affordable, flexible loans when needed. Overall, we’re offering a common sense solution, tackling a root cause of sickness absence and making staff feel more appreciated and rewarded.

Why a credit union?

Major UK employers, including BAE systems, already offer employees a credit union payroll deduction scheme. In the West Midlands, we have payroll partnerships with the City of Wolverhampton Council, South Staffordshire Council and Wolverhampton Homes. These employers recognise that a credit union is a responsible alternative source of savings and loans run for the benefit of members, not external shareholders. In a very real sense, saving with Wolverhampton’s only community-based credit union is an investment in the city. We are authorised and regulated just like banks and building societies, and the Financial Services Compensation Scheme protects your employees’ money.

How much does a payroll scheme cost in time and money to set up and run? Remarkably little. The employer simply arranges monthly deductions from payroll and we look after everything else. All services are provided by the credit union completely free of charge.

Find out more. Call Matt Goulding on 01902 572340 or email



Find Us here:
  • Wolverhampton City Credit Union
  • Tel: 01902 572340
  • Email: