Expected to find Sheffield Credit Union or LASER? You've come to the right place. We're now called South Yorkshire Community Bank. Read more about our name change

Payroll Savings and Loans

Did you know that we offer great rates to employees of participating employers for our savings and loans? Find out more about our payroll services or whether your employer has a South Yorkshire Community Bank scheme.

Peace of mind for employers and employees

Three great reasons to offer or use payroll savings and loans.

  1. Totally confidential

    Employers don’t know whether their employees are borrowing, saving or both.

  2. Data security

    We never share individual account or application details with employers.

  3. Employees aren’t worried

    86% of employees* are not concerned their employer would know too much.

*University of Bristol Personal Finance Research Centre, Financial Fairness Tracker, 2025

Supporting employees

  • 24/7 access to accounts online via our app
  • A website full of useful money management information
  • Contact us at our offices, by phone or email

Supporting employers

  • It’s free!

    There is no cost to offer this benefit.

  • Easy set-up

    We onboard your payroll team.

  • Promotion

    We provide marketing materials and support.

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Payroll services for employers

Thinking of supporting your employees’ financial wellbeing? Ask us about how to offer great loan rates and an opportunity to save while through deductions at source.

Find out more

Participating employers

Find out if your employer offers South Yorkshire Community Bank services at preferential rates.

Find out now