Salary Saver – for you as a Member & Employee

Salary savings & loans are offered to employees of partner organisations as a staff benefit. This enables employees to save and access affordable loans.

What are Salary Savings?

The Derbyshire Community Bank Salary Savings Scheme is a free employee benefit that makes it easy to build regular savings straight from your wages, helping to support your financial wellbeing and give you peace of mind.

How it works for you as an employee/member

If you’re an employee whose payroll is linked with Derbyshire Community Bank, saving couldn’t be easier.

All you need to do is open a Salary Saver with us, then let your payroll department know how much you’d like to save each month. The money is deducted straight from your wages and paid directly into your account with Derbyshire Community Bank.

Join & Start Saving

Once you’ve joined, just follow these simple steps:

  • Agree the start date for your Salary Savings deductions.

  • With our support, your payroll department will set up a secure file transfer system to send the deduction details.

  • That’s it – your savings will be transferred automatically, and we’ll be here to make sure everything runs smoothly.

Saving directly from your salary makes it simple, regular, and stress-free.

What are the Benefits

  • Saving straight from your pay packet – you won’t miss it 
  • Putting some money away for a ‘rainy day’ 
  • Planning for a big event: Christmas, holidays, weddings 
  • Earn dividend on savings (2% in 2024 and 2025) 
  • Apply for a loan at discounted affordable rates 
  • Avoid high-cost credit, bank fees
  • Simple loan repayments straight from their pay packet 
  • Internet banking and mobile App
  • Loan protection included (terms and conditions apply) 
  • Confidential; individual’s savings or loans are not disclosed to the employer