About the Consortium

The Credit Union Consortium has been created by five innovative Scottish Credit Unions, who are working together in a new partnership with the Carnegie UK Trust to help workers in Scotland benefit from Credit Union membership via their employer.

1st Alliance (Ayrshire) Credit UnionCastle Community BankEast Kilbride Credit UnionKingdom Community Bank and West Lothian Credit Union have come together with the support of the Carnegie UK Trust to appoint their first ever shared Employer Engagement Officer. 

Graeme Mullin, who works across the five credit unions, is looking forward to the challenge of increasing the number of Scottish workers being offered credit union payroll deduction as a workplace benefit.  

Graeme is available to visit and engage with employers in all of the geographical areas covered by the partner Credit Unions.

Payroll deduction is a valuable part of the credit union offering which allows employees to save money and repay loans at competitive interest rates into a credit union account directly from their salary.


Saving via payroll deduction helps people to save more and build a buffer to cover unexpected expenses. The ability to access a responsible source of credit and repay loans in affordable payments can mitigate the need to borrow from high cost commercial lenders.


For employers the benefit to the scheme include:

1. Ease of administration

2. Low to no-cost saving facility for their employees to help them manage their finances

3. Alleviation of money worries among staff, contributing to a happier, more productive workforce


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