Do you want to enhance your employees benefit package?
Date published: 15 May 2014
Metro Moneywise Credit Union
Metro Moneywise Credit Union Ltd an employee based credit union are looking to expand. Due to recent changes to the Credit Union Act 1979 we can now offer membership to any company or organisation in the Greater Manchester Area who wish to have the facility of a staff credit union.
Membership of Metro Moneywise Credit Union offers a unique and free employee benefit for all organisations and companies in the Borough of Rochdale.
Offering payroll deduction facilities for your employees gives them the opportunity to save directly from their salary. The administrative work is kept to a minimum.
Employees elect the amount they want to save; the HR or Payroll department deduct the nominated amount and send it to the credit union where it is allocated to the employee’s savings account.
'Tens of thousands of employees in Britain benefit from credit union membership which give them an easy and convenient way to save and borrow. Through payroll deduction, savings are taken straight from wages before they are paid into bank accounts. This painless way of saving helps people get a savings habit and also give them access to affordable loans, other financial services and a source of information about money matters. Money worries are a major cause of stress and helping people to better manage their money is an easy way to reduce this stress and make for a happier and more productive workforce' – Association of British Credits Unions Ltd
Metro Moneywise Credit Union are based in Rochdale and have recently become a member of Manchester Chamber of Commerce.
We were established in 1989 for employees of Rochdale Council, we now have numerous employer partners, notably the NHS Pennine Care Acute, NHS Pennine Care Foundation, Greater Manchester Probation Services and many more.
As with all credit unions we are a not-for profit financial co-operative, controlled and owned by our members with no outside shareholders to pay, this has enabled us to always pay an annual dividend, last year’s dividend was 2.25% on instant access savings. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
For further information about this free and unique employee benefit please contact us:
T: 01706 714579
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1Detective from Rochdale convicted of sexually assaulting colleagues
- 2Police issue "Santa's naughty list" with 265 drink and drug arrests in Christmas crackdown
- 3TV star Leon Harrop brings Christmas cheer to Rochdale’s Down’s syndrome community
- 4Thanks a million! Funding secured to repair viaduct on East Lancashire Railway route
- 5Christmas message from Reverend Anne Gilbert
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.