More than 1,000 Travis Perkins colleagues now saving with Commsave

More than 1,000 Travis Perkins colleagues are now members of Commsave Credit Union, just over a year since the two Northamptonshire-based organisations launched their partnership in 2024.

The collaboration was designed to enhance financial wellbeing support for Travis Perkins’ workforce across the UK. Growing from over 300 initial members to more than 1,000 demonstrates the strong demand for responsible financial services that help employees build long-term financial resilience.

Since the partnership began, Travis Perkins colleagues have engaged with Commsave’s workshops and webinars, with many using the service to build their savings through payroll deduction and access affordable loans. The credit union’s approach to responsible lending has proven particularly popular, offering an alternative to high-cost credit while helping members develop stronger credit ratings.

Matt Goulding, CEO of Commsave Credit Union, said: “We’re thrilled to see this partnership flourishing. Having over 1,000 Travis Perkins colleagues as Commsave members is a testament to both the quality of support we offer and Travis Perkins’ genuine commitment to their workforce.

“This milestone reflects a growing recognition that people want financial services that align with their values—transparent, member-focused rather than profit-driven. We’re proud to be working alongside Travis Perkins to help their colleagues achieve greater financial confidence and stability.”

Speaking last year at the partnership launch, Paul Williams, Head of Financial Wellbeing at Travis Perkins, said: “With cost-of-living pressures continuing to bite, the financial wellbeing benefits we offer are there to make sure our colleagues’ incomes go further, and to help ensure we attract and retain the best talent.

“This partnership with Commsave gives colleagues access to more sustainable and affordable loans and savings options and helps to build their financial resilience by developing their credit rating from day one. We have found in Commsave a credit union whose core objective is ‘people helping people’ which aligns well with our own values and purpose to build better communities.”

Commsave Credit Union currently supports over 40,000 members across the UK, offering safe savings, affordable and responsible credit, and access to financial education. As a member-owned co-operative, Commsave exists to serve its members rather than shareholders, providing services that support long-term financial wellbeing.

The credit union’s Community Fund has now distributed over £120,000 to charities, schools and grassroots groups since its launch in August 2022, demonstrating Commsave’s commitment to supporting communities across the regions it serves.

About Commsave Credit Union

Commsave Credit Union is a not-for-profit financial co-operative that provides safe savings, affordable credit and access to financial education to 39,000 members across the UK. As a member-owned organisation, Commsave exists to serve its members—not shareholders—providing ethical financial services that support long-term financial wellbeing.

https://www.commsave.co.uk