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.