The feature focuses on the important role that Credit Unions play in supporting financial wellbeing across the county, highlighting how community‑based financial services can help people save safely, plan ahead, and build long‑term resilience.
The article shines a light on goal based savings accounts, which allow members to put money aside for specific purposes such as Christmas, school uniforms, or other planned expenses. By locking savings away until a set date, these accounts help people avoid dipping into funds and make it easier to stay on track.
Alongside this, the newsletter highlights that Credit Unions also offer instant access savings accounts, giving members flexibility while still encouraging regular saving habits.
The newsletter also highlights Salary savings, a simple and effective way for employees to save directly from their wages. A voluntary amount is deducted on payday and paid straight into a Credit Union savings account, helping people save consistently without needing to think about it.
For employers, salary savings is free to set up and can form part of a wider commitment to employee financial wellbeing. For employees, it offers an easy, supported route to building savings over time.
A simple and convenient way to save regularly through your payslip. More information about our Salary Saver Here
Council employees can find out more here Salary Savings Scheme
We’re proud to work alongside Derbyshire County Council and local employers to promote affordable finance, encourage positive saving habits, and support households across Derbyshire.
We’d like to thank Derbyshire County Council for recognising the value of Credit Unions and for continuing to champion initiatives that improve financial wellbeing for people and workplaces throughout the county.
If you’re interested in joining Derbyshire Community Bank or learning more about salary savings, please get in touch. We’re always happy to help you start your savings journey.
