What are the benefits of joining the NHS Credit Union?


We offer our members a secure home for savings, affordable & ethical loans and a whole lot more!


Learn more about our wide range of member benefits below. To join our credit union please select the ‘Join Now’ button.

Payroll Deduction


Most of our members can enjoy the advantages of our Payroll Deduction Scheme and save directly from their salaries into their credit union account.


How do you save through the Payroll Deduction Scheme?


  1. Join using our online application.
  2. We will then send you a Payroll Deduction form which you need to fill out and sign.
  3. We and your Payroll department will do the rest – arranging for the nominated amount you would like to save each month to be debited into your credit union savings account.


Are there any other benefits?


  • Change how much you save any time.
  • Use Payroll to pay into all your NHS Credit Union savings accounts.
  • Repay any loan you have with us using Payroll Deduction.

Savings and Loan Protection Scheme


As a member of the NHS Credit Union you have access to a unique protection provided by credit unions for the family of members in the event of bereavement – the Free Life Savings and Loan Protection Scheme* – which give extra peace of mind for members and their families at no extra cost.


The scheme is designed to reward a member’s family for their commitment to save and provide them with financial support when they need it the most.


How does it work?


  • Our Life Savings Protection means that in the event of a member’s death, their family will be provided with a single lump sum payment (applicable rates/amounts covered are those prevalent at the date of deposit).
  • With Life Savings Protection, the value of the payment is directly linked to a member’s savings, so the more they save, the higher the payment. Up to a maximum of £5,000, every £1 in savings can be matched by £1 of benefit.
  • Our Loan Protection Scheme means that if a member dies, their NHS Credit Union debt (up to a maximum of £15,000) can be paid off*.


*Terms and conditions apply – Terms of these free member benefits may change from time to time.



Important note: Individual members do NOT have an insurance policy – they share in a free benefit offered by the credit union.

Authorised and Regulated by

Founder member of CFCFE

Your money is protected up to £85,000

Complies with the requirements the Cyber Essentials Scheme 

Healthy Culture Champion 2020