HOW DO WE HELP OUR CREDIT UNION PARTNERS?
Why should employers partner with Metro Moneywise? Simply put, we help you succeed in your business goals—at no expense to you.
We’re a reliable partners’ credit union and work with numerous well-established organisations, including NHS trusts and Rochdale local authority. We’ve built up an impressive payroll partner portfolio because we know how to help you become a more attractive employer.
Why work with Metro Moneywise?
26% of working-age adults in the UK have no savings at all and a further 29% have less than £1k in savings
59% of employees with money worries say they are not working at their best
1 in 4 employees lose sleep over money worries
Helping employees manage their money reduces absenteeism and increases productivity
Employees who get into a savings habit are less likely to get into a debt and more likely to perform well at work
Helping your employees manage their money increases loyalty and helps you retain your best people
The benefits of working with Metro Moneywise Credit Union
Partnering with us means you can offer an attractive employee benefit at no cost; we handle all member enquiries, and there’s no liability to you as an employer. Foster positive workplace wellbeing and help your workforce become happier and more productive with access to their partners’ credit union loans, savings, and budgeting tips. Meet your corporate social responsibility objectives along the way, too.
Read on to see our partner credit union benefits.
There is no cost or liability to you as an employer, we deal with all members enquiries
We look after almost £12 million of our members’ savings
We have shared £2.5 million of our profits with our members
We have saved members £12 million in loan interest with our low cost loans*
Over 10000 employees and their family members have joined our credit union
We provide 1-1 support and advice for members in financial difficulty
We provide payroll deductions in partnership with over 40 employers
We have lent over £45 million to our members in almost 30 years of trading
PAYROLL DEDUCTION PROCESS
Support will be given to your payroll team to set up the Payroll deduction process.
A monthly list will be sent to your Payroll team with any new or amended deductions
We would require a list of the confirmed monthly deductions on an agreed date
Monthly BACS payments