Each of our Employer Partners provide their workforce with direct access to Glasgow Credit Union through Salary Deduction (direct from your wage each payday). This is a powerful tool to help nurture a regular saving habit.

There is no cost involved in becoming an Employer Partner.

We’re one of the largest and most successful credit union in the UK. Our main aim is to improve financial well-being and we do this by encouraging an ethos of saving and promoting good money management.

As well as providing a range of savings accounts, we also offer access to low-cost loans, mortgages, financial tools, workshops, and guides.

According to research from the Money & Pensions Service in 2022, 1 in 6 people across the UK have no savings and 1 in 10 have £100 or less. With no savings buffer, people are more likely to rely on short-term, high-cost credit.

This can lead to financial stress, sleepless nights which can all have an impact on an employee's working life. Recent studies show that those with financial worries are almost 4 times more likely to feel anxious and be prone to panic attacks.

Introducing Glasgow Credit Union as a free staff benefit (as part of an overall employee well-being strategy) is the perfect solution to help combat these issues. By enabling employees to save direct from their salary, employers can remove any friction points which people site as their main reason for not saving i.e., too much hassle and not enough time.

The simplicity of the account makes it easy for employees to sustain a regular savings habit whilst at the same time build their own financial resilience.