We’re Helping Employees Save, Borrow, and Plan for a Better Future
With ESLCU, you can access loans with affordable rates and savings options directly through your payroll, making it easier to manage your finances. Whether you’re saving for the future or borrowing for personal needs, our payroll deduction system simplifies the process and provides financial security — all without the stress of complicated paperwork.
Manage Your Finances With Ease
Select the amount you wish to save or borrow, with repayments made conveniently through payroll deductions. This allows you to take control of your financial future and promote long-term financial stability.
Fixed Interest Rates
At ESLCU, we focus on the wellbeing of our members, not profit. Our loan interest rates are designed to offer an ethical alternative to banks, credit cards, and payday lenders so our rates are always low and fixed.
As an ethical credit union, our loan products have no hidden fees and you can pay off your loan early without penalty.
In-Depth Knowledge & Support
We can offer and participate in various events and benefit days throughout the year, helping you and your colleagues understand your money better and achieve your financial goals.
Financial Wellbeing Portal
Our credit union members and payroll partners can access our Financial Wellbeing Portal whenever and wherever they are. This means financial support is always available.
Free Life Insurance
We offer free life insurance on all of our credit union saving products (Ts & Cs apply). Save with added peace of mind that you’ve provided an extra bit of security for your loved ones.
Payroll deduction makes managing your finances easier by automatically taking out payments for savings, loans, or other financial goals directly from your paycheck. This means no more worrying about missing payments or managing deadlines — everything is handled for you. It’s a simple way to save or repay while staying on top of your financial wellbeing, all with minimal effort.
Yes. We do need to have an agreement with your employer to take a deduction from your pay. You can introduce us to your employer below!
If your employment changes, you can switch your loan and savings deduction to a Standing Order or Direct Debit.
It’s easy for employers to sign up to the scheme and costs them nothing to do so. Introduce us to your employer using the form below on this page, and we’ll get in touch with them!
Yes. You can make a withdrawal request via the Members Area, or over telephone banking. All requests are processed the same working day if submitted before 4pm.
Our members have 24/7 access to our Financial Wellbeing Portal, ensuring support is always at your fingertips. Whether at home, at work, or on the go, this online resource provides guidance, tools, and support to help manage finances effectively and promote long-term financial stability—whenever and wherever it’s needed most.
Tell them how they can unlock financial security for their team – at no cost to them!
