SCVO Credit Union
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SCVO Credit Union plays a vital role in supporting employees across Scotland’s charity and voluntary sector through its trusted payroll deduction service. With the support of the Scottish Council for Voluntary Organisations (SCVO), the Credit Union was established to help staff in charities, social enterprises, and voluntary bodies support their employees' finances responsibly and securely. Through payroll deduction, employees can save directly from their wages or repay affordable loans with ease and consistency, reducing the stress often associated with personal finances.
This service is particularly valuable in the charity sector, where many employees work tirelessly to deliver essential community services despite modest salaries. By encouraging regular saving habits and offering fair, low-interest credit options, SCVO Credit Union helps prevent financial pressures that could otherwise lead to stress, absenteeism, or staff turnover. In doing so, it enables charities to maintain stable, motivated teams who can focus entirely on their vital work rather than personal money worries.
Ultimately, SCVO Credit Union strengthens the financial well-being of Scotland’s charity workforce, ensuring that those who dedicate their careers to helping others receive meaningful support in return — a decisive contribution to the stability and resilience of the entire sector.
