The Credit Union for people living in Caerphilly, Blaenau Gwent and Newport.

t: 029 2088 3751 e:

Business Services

Payroll Deduction

We have a number of businesses within Caerphilly, Blaenau Gwent and Newport who have payroll deduction set up with us enabling their employees to save by having monies deducted from their salary and sent direct to us.

Money invested in Smart Money Cymru benefits the local community not shareholders.

We currently offer fantastic low rates on loans for those who pay via payroll deduction.

There are a number of benefits to you as an employer in providing this facility to your staff, these include :-

  1. You will be providing a valued staff benefit which can help recruitment and staff retention.
  2. People who save regularly are better able to cope with financial stress or unexpected cost.
  3. Reducing staff sickness/absenteeism
  4. Promoting us to your employees is a form of corporate and personal social responsibility.

In turn your staff will benefit from the following :-

  1. Access to preferential loan rates.
  2. Convenient and easy way to save.

Micro Business Loan Fund

WCVA in joint partnership with Coalfields Regeneration Trust and Welsh Credit Unions has been awarded a contract by Finance Wales, with funding provided by Welsh Goverment, to provide micro loan investment into enterprising third sector organisations across wales.

The fund is aimed at providing micro loan finance to third sector organisations that want to expand or start enterprising activity that will generate income and create jobs in communities across wales. The available finance can be used to fund revenue or capital investment.

If you are interested in applying for the available finance you will need to work with your appointed loan officer to complete an application form. This application form along with accompanying financial projections forms the basis of the the information provided to the project's credit panel for assessment and investment decision.

Interested organisation will in the first instance need to speak to a loan officer to confirm eligbility and suitability for the available finance before an application form is issued.

For further information click here or to discuss in more depth please email or call 0800 2888


Smart Money Cymru Credit Union, 64-66 Cardiff Road Caerphilly CF83 1JQ Telephone 029 2088 3751
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority 213370

fscs cu cymru