Cardiff Airport has become the latest organisation to become a payroll scheme partner of Cardiff and Vale Credit Union. The news was marked today with a visit by Jane Hutt, AM for Vale of Glamorgan, who champions the initiative and introduced the Airport to the scheme.
Cardiff and Vale Credit Union, which was founded over twenty years ago, now welcomes some 10,000 members and is open to anyone who works in Wales.
The initiative creates an opportunity for members of the Cardiff Airport team to join a local, friendly provider of savings and loans products in the community that offers its members access to savings schemes and affordable loans up to £15,000. Benefits include Junior Savings and Christmas saving plans; dividend payments for members; automatic life insurance cover and confidential and ethical information and guidance on finances..
Deb Barber, CEO of Cardiff Airport, said: “We are delighted that Cardiff Airport has become our 40th employer partner, helping staff to save through their salary and the ability to apply for affordable and ethical loans as a perk of their employment. I am really pleased that our local AM, Jane Hutt, recommended the Credit Union to us. Many notable Welsh companies are already partners and we are delighted to be in such good company. There is a wealth of benefits associated with being a member of a local Credit Union and I have no doubt that the Airport team will quickly enjoy reaping the rewards of supporting a local initiative such as this.”
Jane Hutt AM, who is also the Patron of Credit Unions in Wales, stated: “I congratulate Cardiff Airport in becoming the latest employer in Wales to demonstrate its commitment to the financial wellbeing of employees, and am happy to have been a part in launching what we hope to be a very successful partnership”.
Leanne Herberg, CEO of Cardiff and Vale Credit Union, added: “Payroll savings and loans partnerships offer employers a meaningful way to help the financial health of their staff. We are delighted that Cardiff Airport has become our 40th employer partner, helping staff to save through their salary and be able to apply for affordable and ethical loans as a perk of their employment”.
Cardiff and Vale Credit Union will be present across the Airport on a monthly basis until January 2018, giving the Airport community ample opportunity to learn more and sign up as a member.