Payroll Saving is a great way to offer an additional benefit for your employees at no extra cost!
This is how it works:
- First, the employee needs to join Thamesbank Credit Union by completing our online application form.
- Once they have a Thamesbank Credit Union membership number, they can complete a Payroll Deduction Form and send a copy to your payroll department.
- Your payroll department deducts the savings as instructed by your employees. The total is transferred to Thamesbank by BACS with the report of individual contributions.
- Thamesbank updates each individual member’s account.