Helping you save
for your tomorrow

  • Free to join
  • Payments through payroll
  • No early repayment penalties
  • No arrangement fees

The benefit of fair and easy financial services through Birmingham City Council.

Establishing a savings habit is important to protect you from those rainy days. In addition, you now have access to affordable loans from your local credit union to support you when you need it.

As an employee of Birmingham City Council in Greater Birmingham, your employer offers access to ethical, fair-interest savings and loans that you can repay through payroll as a salary deduction. This great employee benefit is delivered by us, as a partner and benefit provider to your employer.

Am I eligible?

You can apply for a payroll loan up to £15,000 if you are employed by Birmingham City Council
If your employer not on the list we have many alternative loans that offer competitive interest rates which you can learn about here.

Citysave loan calculator

Use the calculator below to work out how much your loan repayments are likely to be.
Simply select the payroll product from the dropdown, enter the amount you wish to borrow, over how many months and the repayment frequency

Who are Citysave?

We’re Citysave, Birmingham’s largest credit union. Owned by our members, including Birmingham City Council workers, for over 30 years. Serving both Birmingham and Warwickshire communities.

We believe in helping people ‘save, borrow and plan for their tomorrow’ by providing ethical lending and other helpful financial services.

We are regulated by the Financial Conduct Authority (FCA), as well as the Prudential Regulation Authority (PRA)– giving you peace of mind. All of your savings with the credit union are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000.

A better place to borrow

Our interest rates range from 12.7% APR (1% per month) to a maximum of 19.8% (1.5% per month).

You’re also more likely to be accepted for a personal payroll loan because it is repaid as a salary deduction.

The rate of interest you will pay is subject to status and your personal circumstances. The Loan calculator above shows an estimate.

For a more accurate quote please contact the office.

Financial Guidance

Citysave is committed to the financial wellbeing of the staff it supports. We know that this goes a long way to supporting your mental wellbeing. This is why we have a dedicated page on our website listing partner organisations that you can use to get support.

For more information please click here.

Need to save?

The Citysave savings account gives you membership of Citysave Credit Union ltd.

Saving could not be simpler. Many of our existing members often tell us that saving through their salary has really helped them reach their savings target.

Membership also entitles you to an annual dividend. This is voted on and agreed at the company’s Annual Genenral Meeting (AGM) which you can attend and have your say as a member.

You share in the success of your own savings company.