Updates
  • UAT Test Notification

About Money Box

Fostering Financial Wellbeing

In today's challenging economic climate, it's concerning that 22% of individuals in the UK have savings of less than £100, placing their financial security at risk. At Boom Community Bank, we are dedicated to promoting financial resilience and empowering employers to take proactive measures to support the financial well-being of their workforce.

Our payroll-deduction savings scheme, Money Box, delivered in collaboration with employers, has been proven to support workers in developing a consistent and rewarding savings habit while providing a pathway to financial security. Additionally, Money Box streamlines loan repayments, ensuring peace of mind and efficient loan management.

Protected savings

Protected savings

Savings in Boom Community Bank are protected under the Financial Services Compensation Scheme (FSCS).

 Financial safety net

Financial safety net

Savings deducted at the source accumulate more easily, creating a financial safety net and reducing financial stress.

Facilitating steady savings

Facilitating steady savings

Maintaining regular savings through payroll deduction fosters the development of long-term savings habits.

Unlock other savings

Unlock other savings

Money Box provides a gateway to a suite of financial services designed to build secure financial futures.

Low maintenance

Simple collaboration with payroll departments, and full online banking for participants.

Tried and tested

Twelve years helping hundreds of workers save direct from their pay.

Ongoing support

Everything is provided for employers to promote the scheme and encourage participation within its workforce.

Money Box

Positive outcomes for employers

Reduce pay advances

Increase productivity

Enhanced employee benefits

Improve morale

Improve profitability

Reduce absenteeism

Testimonials

“ILG works with Boom to provide Save As You Earn [My Money Box] for our staff across all six of our sites in the South East, including our main hub in Manor Royal. We were concerned that some...”

Grace Lord , HR Manager, International Logistics Group Ltd. Read more

“Boom has been great in getting me support with what I needed—helping me manage my debts to be able to make them affordable. No request from them was too much, and the process was smooth. Gre...”

Connor, Member Read more

“Nothing short of incredible. I fell into the endless cycle of payday loans and poor credit choices from the companies praying on vulnerable people. I couldn't really see a way out but luckil...”

Jon, Member Read more

Money Box

Some of our current partners

Make an enquiry

Make an enquiry