Salary deduction is when your payroll department or human resources department deducts funds directly from you salary with your permission. This is itemised on your pay slip (you may have deduction already for VHI, Pension etc).

This scheme allows employees to have a desired amount of their wages paid into their savings or loan account at the Credit Union. Having some of your wages deducted at source is a very convenient way of saving money or paying back a loan.

We do not charge anything for the administration of the Salary Deduction Scheme for members.

If you are interested in having some of your wages paid into the Credit Union why not call in and see us today and we will arrange this with you and you can then check this with your employer whether or not payroll deduction can be done.