Credit union launches payroll roadshow

Bradford District Credit Union (BDCU) has announced plans to host a series of events designed to improve financial wellbeing as part of Talk Money Week 2023 with a Payroll Partner Roadshow.

The credit union is an ethical, faith friendly savings and loans cooperative serving 9,500 residents across Bradford, Kirklees and Craven who can access affordable loans whilst building a savings habit.

Taking place in person and online from Thursday 2 November to Thursday 9 November, the events have been developed in conjunction with some of BDCU’s partners, including The Money and Pensions Service, West Yorkshire Pension Fund, mental health charity Mind in Bradford and the national Stop Loan Sharks Team to provide attendees with access to a wide range of experts.

The events will begin at Bradford Royal Infirmary on Thursday 2 November 2nd, with an NHS ‘Money SOS’ workshop that is open to NHS staff at BDCU’s four NHS Trust partners and will cover topics such as the threats posed by loan sharks, ways to build credit scores and advice on overdrafts.

The roadshow will also visit Bradford University for a major staff benefits event, as well as the headquarters of Yorkshire-based social housing provider Incommunities. These events will be followed by a number of webinars with Bradford and Kirklees Council staff before the roadshow concludes with a webinar for all employees of BDCU’s 34 payroll partners on Thursday 9th November.

Ian Brewer, roadshow organiser and EDI Community Development Lead at BDCU, said: “We know many people still feel uncomfortable talking about money, so Talk Money Week is an excellent way to help them open up, discuss their circumstances and make improvements wherever possible. I can’t wait to meet lots of new faces on the roadshow and am confident that, with the help of our fantastic partner organisations, we’ll be able to make a positive financial difference to our payroll partners’ staff.”

More than 3,000 staff at Bradford Council save with BDCU. Cllr Hinchcliffe, Leader at Bradford Council, said: “With the cost of living crisis still stretching many people’s finances to breaking point, it’s more important than ever that we provide staff with the support they need to help them reduce their money worries. This roadshow is the perfect way to reach as many staff as possible.”

Katie Hurrell, chief executive at BDCU, said: “Bradford District Credit Union was started 30 years ago and now helps over 4,000 staff at 34 companies save £4.6 million and borrow £2.2 million through payroll deduction. Helping others take back control of their finances is something we love to do so we’re thrilled to be taking a lead in organising Talk Money Week.”