Easy, Automatic Savings or Loan Repayments, straight from Your Pay.
As an employee of Mini Cabs Colchester, you can become a member of Eastern Savings & Loans and unlock all the benefits of Credit Union membership. That means easy‑access savings you can withdraw online or by phone, full control over how much you save each payday, and Eastern Rewards discounts that help your everyday spending go further.
Mini Cabs Colchester has partnered with Eastern Savings & Loans Credit Union. Through payroll deduction, you can choose how much to set aside each payday, or apply for an affordable loan with repayments taken automatically from your wages. It’s simple, secure, and built for you.
Easy, Automatic Savings
Save each payday and watch your balance grow. You choose the amount, and you can pause or adjust contributions whenever you want.
Access Your Savings Easily
You can access your savings at any time through online banking in the Members Area, or by calling the ESLCU office. The team is available Monday – Friday, 9.30am–4pm to help with withdrawals or account queries. All transfers are made within 2 hours during our working hours.
Pause or Adjust Savings
If things change, your savings can change with you. You can pause contributions, increase them, or reduce them, keeping everything flexible around your circumstances.
Enjoy Eastern Rewards Discounts
Enjoy discounts at supermarket, high‑street, family activities, tech, home improvements and more. Eastern Rewards helps your everyday spending go further.
Life Insurance Inculded
Eligible ESLCU members benefit from free life insurance on savings and loans, giving extra peace of mind for you and your family. It’s automatically included and designed to offer support when it matters most
Payroll deduction means your savings or loan repayments come straight from your wages, after Tax. It’s automatic, secure, but also easy access if you need it.
No, you can save via Standing Order, via Faster Payments at a frequency that suits you.
Yes. You can make a withdrawal request via the Members Area, or by telephone banking. All requests are processed the same working day if submitted before 4pm.
Yes, please join our Credit Union first, it should only take a few minuets. Then please complete the payroll deduction form below.
Yes, you just need to let us know, and we will update our records. If you are repaying a loan, we will need to set up new repayments, this can be done at a frequency that suits you.
If your loan is approved, repayments are taken automatically from your wages each payday. ESLCU loans are low, fixed‑rate, with no hidden fees and no penalties for early repayment. You can also save at the same time if you would like. Your employer will not know that your deduction is for a loan.
We do have a Joining Fee of £5. (£2 is the admin fee to open the account, £3 starts your savings). We also have a £1 per month membership fee that covers unlimited deposits and withdrawals, the Life & Loan Insurance, and Eastern Rewards.
Yes, you can adjust your savings, pause or stop deductions at any time. If you have Loan repayments included, a Direct Debit will need to set up, until the loan is cleared.
Your credit union membership continues. You can switch to direct debits or Standing Orders for savings and loan repayments.
Yes, savings with ESLCU are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
At ESLCU, we do things a little differently. We offer ethical, affordable financial services and every one of our members has an equal say. Our profits are shared through savings dividends, empowering members to manage their finances and achieve their goals.
