Latest News

22 Jul 2024

Special General Meeting 2024

Wolverhampton Credit Union welcome you to attend our Special General Meeting on Wednesday 31 July 2024 at 4.00pm

09 Apr 2024

Chair’s AGM Report 2024

Good evening and welcome to this year’s Annual General Meeting. I’m Steve Cartwright. It is my privilege to address you today at our 2024 Annual General Meeting. As Chair of the Board, I am grateful for the opportunity to reflect on the past year and share our vision for the future with you. Before I continue, please note that all questions beyond this point can be added to the chat, and if we unable to answer your question directly tonight, we will seek to provide you with a response by tomorrow.

23 May 2023

Join our Board of Directors - May 2023

Are you the next Board Director to join our small, friendly team?

11 Apr 2023

Welcome to our new CEO

We are delighted to announce Tameka Spencer as our new CEO...

04 Apr 2023

Chair’s AGM Report 2023

Good evening and welcome to this year's Annual General Meeting. I'm Steven Cartwright, and as Tameka mentioned...

20 Sep 2022

New Software Partnership

Wolverhampton City Credit Union has selected XRS Collector as it’s Credit Control Software Partner. Expert Revenue Systems (XRS), is a leading supplier of credit control and collections software. WCCU has selected it’s cloud-based XRS Collector solution to enable more efficient and effective collection of member arrears.

25 May 2022

Join our Board of Directors!

Wolverhampton City Credit Union (WCCU) seeks applications for Non-Executive Board Directors to further strengthen its governance, improve diversity and support ongoing succession planning.

05 Apr 2022

Chair’s AGM Report 2022

Welcome to this year’s virtual online Annual General Meeting. Once again, we are live on Zoom! We had sincerely hoped to hold this year’s AGM face to face, however, following the previous surges in Covid cases we made an early decision to once again put the safety of our members and colleagues first, we hope you understand.

11 Mar 2022

Annual General Meeting 2022

We are pleased to invite our members to this year’s Annual General Meeting on Monday 4 April 2022, from 5.30pm to 6.30pm. Our AGM this year is once again being held online via Zoom Webinar.

03 Oct 2021

Road Map to Opening

Wolverhampton City Credit Union is Going Cashless. From Monday August 2nd 2021, WCCU will no longer be accepting cash deposits or permitting cash withdrawals at our Wolverhampton branch.

Employer Partners

Welcome to WCCU

Working together to bring financial wellbeing to all employees. We are here to support you and help you save, which will improve your financial resilience and reduce your everyday pressures.

Joining us could not be simpler

To join today and benefit as a current employer partner, please visit: Join Us and register.

Once you have joined, you can set up your Payroll Deduction by completing a Payroll Deduction Form

If you need to change your payroll amount, please complete a Payroll Amendment Form

Benefits to You, employees can:

  • Save automatically every month from their salary
  • Save as much or as little as they can afford
  • Helps them build up a ‘nest egg’
  • Quick and easy to set up with our mobile app and online access
  • Savings are safe with us, covered by the Financial Services Compensation Scheme, up to £85,000
  • Fair and affordable loan rates from 3% to 26.8% APR

The scheme is virtually cost-free to the employer and is quick and easy to set up and to run. The employer simply arranges monthly deductions from payroll, and we look after everything else. All services provided by the Credit Union to the employer are completely free of charge.

It is open to any employer based in a WV or DY postcode area.

Current Employer Partners

Our partnerships with local employers help hundreds of working people to save flexibly and borrow affordably at work.

Our Employer Partners are:

  • ACCI
  • Accord Group
  • A.F. Blakemore & Son Ltd
  • Black Country Chamber of Commerce
  • Bushbury Hill EMB
  • City of Wolverhampton Council
  • FBC Manby Bowdler
  • Gazebo Theatre
  • Gecko Programmes
  • Heath Park (through Central Learning Partnership Trust)
  • Highfields Academy (through Services 4 Schools)
  • Housing Plus Group
  • Moseley Park (through Central Learning Partnership Trust)
  • Northwood Park (through Services 4 Schools)
  • Paycare
  • Radleigh Metal Coatings
  • Royal Wolverhampton NHS Trust
  • South Staffordshire District Council
  • St Stephens (through Strictly Education)
  • The Way Youth Zone
  • University of Wolverhampton
  • Wolverhampton Homes
  • Wolverhampton Voluntary Sector Council
  • Woodlands Quaker Home

If you are a WV or DY employer interested in setting up a Payroll Partnership with us, you can get more information and book a meeting by clicking here.

What happens if I change jobs?

If you leave your employer and move to another employer that's not in our Payroll Deduction Scheme, your payroll deduction will stop and you will need to repay your loan by standing order instead.

Standing orders are regular payments that are set up between yourself and your bank, e.g., you pay £100.00 to the Credit Union on the first day of every month. The bank then sends this regular payment on the first day of the month (providing the first day is a working day).

You will have to make sure that the standing order is set up correctly and that you have enough money in your bank account to cover the standing order amount. Some banks will charge you if there are not enough funds in the account to cover the standing order.

For more information on setting up a standing order, or if you need to update us about your employer, please call the team on 01902 572340 or you can complete the form on our Contact Us page.