Moneyworks Payroll Saving

Download our Mobile App on the App Store or Google Play Store, click the Join button and follow the steps to become a member.

To use our products and services, there is now no joining fee.

Members must maintain a minimum of £5 in their account at all times to keep it active.

A yearly membership fee of £5 is charged on the anniversary of joining.  Junior members (Aged up to 15 years) do not pay a membership fee until they become an Adult Member (from 16 years of age)

Deposits can be made via a Payment Link which is sent once the online application is submitted.  Standing Order and Benefits are accepted.

For more information of our fees please click on this link

Save as little or as much as you want but accounts can hold a maximum of £85,000.

Yes. As a member of the Government-backed Financial Services Compensation Scheme, your total savings are protected up to the value of £120,000.

Cambrian Credit Union does not currently require a member to save before they apply for a loan.

Withdrawals are permitted for accounts used exclusively for savings. However, if an account is linked to an active loan, it will remain restricted until the loan is fully repaid

No – not unless you choose to tell them. If your repayments are coming from payroll deduction, your employer will only know that money is being sent to Cambrian Credit Union. They will not know if the money is being taken to repay a loan or to build up your savings.

Your Cambrian Credit Union savings actively support your financial well-being and the local area. Although our savings accounts do not generate interest, because we are owned by our members, when we make a profit, we share that surplus in the form of dividends. These payments are drawn from the Credit Union's successful performance and returned to you, providing a local, ethical return on your savings. This model is vital: it guarantees that our profits stay right here, circulating within the local economy to benefit the community as a whole.

One eligible member will have the chance to win £100 per month, which will be paid directly into their credit union account

To be eligible for the draw, members must save a minimum of £2.50 per week or £10 per month into their Regular Savers Account and we would need to see your savings pot growing month on month from the activation of the account.

A eligible member will be picked randomly and contacted up to 10 days after the following month.  The funds will then be transferred to the winners Regular Savers Account.  Please note if you have an active loan the funds will be transferred to your locked Loan regular saver account and cannot be withdrawn until completion of your loan.

Choose from Standing order, Online banking, or through our app. Or why not save directly through you salary through Payroll Savings.

Cambrian Credit Union Limited

Sort Code: 08-92-50

Account Number: 67005527

For your reference please input your Cambrian member number and reason - Example - XXXXXX Savings