Register to become a payroll partner
If you’d like to join us as a payroll partner, please email us today.
Acorn’s Payroll Partnership
Financial empowerment at work
Acorn’s Payroll Partnership offers financial empowerment for employees and a simple, cost-free setup for employers. This scheme provides access to safe savings options and affordable, ethical loans with competitive interest rates and a convenient payroll deduction system for repayments. Members also build savings alongside loan repayments, fostering long-term financial stability. With FSCS-protected savings and FCA regulation, employees gain security and peace of mind.
Offering this scheme shows your commitment to employee well-being; enhancing satisfaction, retention, and recruitment appeal. Acorn provides full support, including setup assistance, promotional materials, and quarterly updates to keep employees informed about new benefits.
Who can join Acorn?
Acorn Community Bank welcomes businesses and organisations to its Payroll Partnership Program under its “common bond” principle. To be eligible to join this program, your employer’s head office must be located within the counties of Wiltshire, Berkshire, Buckinghamshire, or Oxfordshire. This ensures that Acorn focuses on serving the local community with ethical and affordable financial solutions.
By joining, you gain access to a tailored employee benefit scheme, promoting financial well-being and building financial resilience. Acorn’s commitment to ethical finance and community support makes it an ideal partner for organisations prioritising employee satisfaction and responsible practices.
Check if your employer is a payroll partner
Payroll Deduction Benefits
Acorn Community Bank’s Payroll Deduction Scheme offers members a straightforward way to save and borrow while staying in control of their finances. Here’s how:
1. Savings contributions are deducted directly from your pay, leading to consistent savings hassle-free.
2. Offers ethical loans up to £7,500 at preferential rates, with repayments automatically handled through payroll, simplifying budgeting and reducing financial stress.
3. Savings are safeguarded under the Financial Services Compensation Scheme (FSCS), giving you peace of mind.
4. Loans and savings plans are tailored to your needs, empowering you to maintain simplicity and control over your budgets.
This seamless approach supports better money management, enhances financial resilience, and fosters peace of mind.
Is Your Employer Acorn’s Payroll Partner?
Check if your employer is part of Acorn’s payroll deduction scheme by visiting our list of current payroll partners. If your employer hasn’t joined yet, don’t worry! Simply speak with your HR or finance team and encourage them to set up the scheme for your workplace.
Getting started is easy—your HR team can contact us directly by calling 0303 030 0147 or emailing us at payroll@acorncb.co.uk. Once contacted our Payroll deduction team will work with them explaining the scheme and setting it up.
