Cambridge City Council | Eastern Savings and Loans

You could join us and start getting more from your money today.

We are working with your employer to help as many colleagues as possible improve their financial health. Whether you need to borrow for home improvements, a car, family holiday or consolidate your debts, a loan from us can help you achieve your financial goals. You can apply for a loan the same day as you join, we make loan decisions in 2-3 working days. We also have a range of helpful services including a Financial Wellbeing Portal, Debit card with no overdraft charges or fees for missed payments, & Christmas Savings accounts. All accounts come with FREE life & loan protection insurances as standard (T&C’s apply).

  • Instant Access Savings (FSCS Protected)
  • Loans up to £7,500
  • Excellent Customer Service
  • Online & Telephone Banking
  • We share our profits with you

Will I be eligible?

Find out what you need to know before applying for a loan or membership.

To join our 3,800 strong membership, and start saving and making loan repayments direct from your pay, you just need work for Cambridge City Council. If you live outside Norfolk, Suffolk or Cambridgeshire, please state your employer on your joining form.

Joining Form
Once you have joined us, you can apply for a loan the same day. We do have a few eligibility criteria:

– You must be over 18
– If you have a County Court Judgement (CCJ) you must provide evidence you are addressing it
– It has been longer than 3 year since you were discharged bankrupt or completed a DRO
– It has been longer than 2 years since you completed an Individual Voluntary Agreement (IVA) / or debt management plan
– You are only borrowing for your personal needs, not for a business or towards buying property. 

Loan Application
You can set up a Payroll deduction direct from your pay, Cambridge City Council will not know what the deduction is for. The deduction can be for savings or a loan repayment or both! You could also pay in via Standing Order direct from your bank.  

Payroll Deduction Form

If you can’t find the answer here, please get in touch and we’ll be happy to help

What we can offer

Financial Wellbeing
Financial Wellbeing

Our portal of tools, blogs, articles and advice for better money management.

Loans
Loans

Our 3 simple fixed loan rates are designed to suit your needs and allows us to offer affordable finance to as many people as possible.

Savings
Savings

With instant access FSCS protected savings, & online banking you can do more with your money.

Christmas Savings Account
Christmas Savings Account

Start saving for Christmas 2020 direct from your pay

Members of ABCUL

Members of ABCUL

Your money is protected up to £85,000

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority

Authorised and Regulated by the Prudential Regulation Authority

Members of ABCUL

Your money is protected up to £85,000

Authorised and Regulated by the Prudential Regulation Authority