Employers

"Become a Sponsoring Employer"

Your employees deserve the very best, so why not treat them to an expanded benefits package and show them that your organisation cares about their financial well-being by offering the services of Grampian Credit Union.

Membership of Grampian Credit Union is open to anyone who lives or works in the Grampian area and we provide a variety of products and services designed to meet the needs of all employees - from management to staff. Best of all Grampian Credit Union can provide this service at no-cost to your organisation

Grampian Credit Union offers a complete line of financial products that include:

• Savings Accounts Personal
• Loans for any purpose
• Christmas Savings
• Insurance Products
• Junior Accounts
• Access your Accounts on-line

Existing Sponsoring Employers

At Grampian Credit Union we have a number of Employer Partners who allow their employees to save and borrow direct from their pay:

• Grampian Fire and Rescue
• Grampian Police
• Aberdeenshire Council
• Aberdeen City Council
• NHS Grampian
• Cornerstone
• Aberdeen Foyer
• Aberdeen CAB

Benefits to Your Organisation

An employer’s best workers are typically those who are in control of their personal finances and take charge in building assets to become financially secure. Providing these Value Added Employee Benefits from Grampian Credit Union can improve your workplace in the following ways:

• Increased worker productivity.
• Decreased absenteeism as workers better integrate work and life issues and are less stressed from financial issues.
• Increased worker competency and likelihood for advancement, thus reducing recruiting costs and improving customer service.
• Increased participation in and contributions to retirement plans.
• Reduced staff healthcare premiums.
• Reduced turnover by attracting and retaining qualified workers.

Businesses can also benefit in the following ways from supporting Grampian Credit Union:

• It provides evidence that the company is sensitive and proactive to the needs of its employees, and therefore increases employee good will towards the company. As an attractive addition to your benefits package it can help you attract quality employees.
• It keeps wealth within the local community therefore improving the local economy, and it helps meets the organisation’s community ethos.
• The sponsoring employer will benefit from the good publicity gained from supporting this local financial initiative aimed to support all employees and to assist in tackling financial exclusion.
• Many major employers such the NHS and British Airways have recognised the staff benefits of Credit Unions and have established their own. By becoming a Grampian Credit Union employer sponsor your organisation get the maximum benefit for minimum cost.

Benefits to Your Employees

• Grampian Credit Union is an ethical, not-for-profit organization authorized and regulated by the FSA. We exist solely to benefit our members, putting people before profit, allowing us to offer a personal and friendly service.
• Members savings are protected under the Financial Services Compensation Scheme (FSCS).
• Start saving from as little a £1 per week. There is no maximum saving rate.
• All staff would have opportunity to benefit from favourable rates on loans, with interest rates capped by law at 2% a month on the reducing balance.
• Grampian Credit Union offers free life insurance on savings and loans.
• Access to a wide range of insurance products including home, motor, travel and healthcare at preferential rates.
• Great savings on electrical products and computers and accessories from our partners Co-op Electrical and North East Peripherals.
• Any profit made by Grampian Credit Union (after deducting the running costs of the business) is returned to savers in the form of a dividend.
• Grampian Credit Union membership accounts can be viewed on-line 24 hours a day 365 days a year.

To find out more about becoming a sponsoring employer, please contact:

Rowena Mountjoy, Marketing and Communications Officer

Tel: 01224 626280 or 07851 268211

Email: r.mountjoy@grampiancreditunion.co.uk