DCU Payroll Deduction Scheme

Saving at its simplest

By partnering with local employers we offer employees an easy, secure and ethical place to save and borrow.

Flexibility
The Payroll Savings Account has been designed to be flexible to suit your needs. You can change the amount being deducted from your pay by letting us know in advance of any increase/decrease you would like. The timescale of the change depends on your employer's cut off date.

When you apply simply choose your employer from the dropdown box.

If you would like to save into one or more of our other savings accounts such as the Christmas Saver, Save To Win, etc. then please let us know and we can set up the distribution you would like for you.

Instant access
Withdraw your savings as and when you need via bank transfer on our online banking or mobile app, via telephone, or by visiting our branch.

Apply now

Reaching your goals shouldn't be difficult

That's why we make it easy for you ...

Whether you're saving for a holiday, a new car, Christmas, or just a rainy day - we will help you reach it.

Need to borrow?
Borrowing couldn't be easier than through payroll deduction as the automatic salary repayments take away the stress of managing this yourself.

Find out more on our payroll borrowing

These are our current payroll partners:

Employer not listed?

Let us know

HAVE A CHAT WITH US

Got a question? Get in touch, we will be happy to help.

Key features:

Eligibility Anyone employed by our current payroll partners listed
Minimum Balance £1 - £50,000
Ways to save In addition to the arranged payroll deduction, you can deposit more money into your account too via:
Deposit cash or cheques at our main office or your local collection point
Electronic transfers
Via online banking/mobile app
Ways to withdraw
Withdrawals via cash, cheque, or electronic transfer can be made at our main office
Using our mobile app or online banking you can request for transfers to be made to another bank account
Requests can be made via telephone
If you have a current account, you can withdraw cash at any cash machine with our prepaid debit card
Dividend Dependent on whether we make a surplus, we offer members a return on their savings in the form of a dividend. This is agreed by our members at the Annual General Meeting.
Online Access View your balance online and request for transfers to be made. Our mobile app and online banking facilities allow our members across North Yorkshire and the Northeast to access their accounts on the go, 24/7!
Your money is safe with us All deposits of up to £120,000 are protected by the Financial Services Compensation Scheme (FSCS)

Eligibility	Anyone employed by our current payroll partners listed
Minimum Balance	£1 - £50,000
Ways to save	In addition to the arranged payroll deduction, you can deposit more money into your account too via: Deposit cash or cheques at our main office or your local collection point Electronic transfers Via online banking/mobile app
Ways to withdraw	Withdrawals via cash, cheque, or electronic transfer can be made at our main office Using our mobile app or online banking you can request for transfers to be made to another bank account Requests can be made via telephone If you have a current account, you can withdraw cash at any cash machine with our prepaid debit card
Dividend	Dependent on whether we make a surplus, we offer members a return on their savings in the form of a dividend. This is agreed by our members at the Annual General Meeting.
Online Access	View your balance online and request for transfers to be made. Our mobile app and online banking facilities allow our members across North Yorkshire and the Northeast to access their accounts on the go, 24/7!
Your money is safe with us	All deposits of up to £120,000 are protected by the Financial Services Compensation Scheme (FSCS)