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← Back to payroll deductionFor employees

Save with MCU, straight from your wages.

Ask your employer to set up an MCU payroll deduction and a fixed amount comes off every payday into your share account. It's the easiest way to build a savings habit, because you never have to remember to save.

How to start

Four steps, mostly with your payroll team.

  1. 01

    Make sure you're an MCU member

    You'll need a share account first. £10 to open, £5 of which becomes your first share. Takes about ten minutes online or in person.

  2. 02

    Ask your employer's payroll team

    Tell them you'd like to set up an MCU payroll deduction. Many Island employers already run one — if yours doesn't, we can speak with them directly.

  3. 03

    Choose your amount

    Pick a fixed weekly or monthly figure that works for your budget. Most members start at £10–£25 per week and adjust over time.

  4. 04

    Watch your share balance grow

    The deduction starts on your next payday and lands in your MCU share account the same day. See it whenever you sign in to the member portal.

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