News - LASER Credit Union

FAQs: LASER becoming South Yorkshire Community Bank

Following our merger with Sheffield Credit Union last year, we are taking the next steps to unite our two credit unions. On Monday 20th July 2026:

  • We are changing our name to South Yorkshire Community Bank, with a new logo and new look. 
  • We’re also merging our systems, which means LASER members will have a new membership number, website at sycb.co.uk and need to use our new South Yorkshire Community Bank app from Monday 20th July. 
  • There will be a short period of downtime when the two credit union systems are integrated from Thursday 16th July at 4pm until Monday 20th July.

LASER Credit Union to become South Yorkshire Community Bank

IMPORTANT ACCOUNT INFORMATION – PLEASE READ CAREFULLY

On Monday 20th July 2026, we are making some big and exciting changes to LASER. 

Following our merger with Sheffield Credit Union last year, we are taking the next steps to unite our two credit unions.

  • We are changing our name and how we look. 
  • We’re also merging our systems, which means you will have a new membership number and need to use our new South Yorkshire Community Bank app. 

Money Matters: What we can learn from World Cup Fever

As World Cup fever sweeps across the nation, from the buzzing pubs of Sheffield city centre to the close-knit communities of Rotherham, there’s a familiar excitement in the air. Shirts come out of drawers, banter ramps up, and suddenly everyone’s a tactical genius.

But while we’re shouting advice at the ref and debating formations, there’s more overlap between football and finances than you might think. Managing your money well isn’t so different from building a winning team.

Member Update- Technical issues resolved

We are happy to say that our technical issues with our external provider have now been resolved. Thank you for your patience with this and sorry for any inconvenience this has caused.

Member Notice- Online technical issues

Please note due to technical issues with an external provider we are currently experiencing some online technical issues which are affecting our members making online withdrawals, payments and our phone lines are also affected. Our branch is operating as usual for cash withdrawals and we hope that this issue is resolved soon.

Christmas Bank Holiday Closing Times

Please note LASER’s office opening times over the festive period will be as follows:

  • Wednesday 24th December: 10:00 AM – 12:00 PM
  • Thursday 25th December: CLOSED
  • Friday 26th December: 10:00 AM – 2:00 PM
  • Wednesday 31st December: 10:00 AM – 1:00 PM

More Inside …

Temporary Phone Line Issue

We are currently experiencing some technical difficulties with our phone lines. If you need to contact us, please do so via the app or send an email to enquiries@lasercu.org.uk .

Thank you for your understanding !

We are changing the way we charge you

changing the wat we charge you

Dear Member,

  • We are changing the way we charge you
  • Currently we charge you £2 for every withdrawal that you make digitally (via our App) – the good news is with effect 1st October 2025 – this will be FREE
  • The request for withdrawals over the telephone will remain the same at £2.00
  • From 1st October 2025 we are introducing a £2 fee for withdrawals made at branch

UPCOMING MAY BANK HOLIDAYS

Please note the LASER office will be closed on the following Bank Holidays

Monday 5th May 2025 and Monday 26th May 2025