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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email: info@credit-union.coop

Fri 18-Aug-2017
News

Latest news

16 August 2017

Help with back to school costs

If you’re struggling with the cost of school uniforms and all the other things kids need when they go back to school then why not talk to us about one of our low cost loans? We know how expensive it can be for families at this time of year with th...

10 August 2017

We care and we share!

The Credit Union is a business with a real difference. Being owned by our customers/members, everything we do is designed to help those who save with or borrow from us. Not only do we encourage people to save rather than borrow, but we also share ...

3 August 2017

New Salary Savings Schemes

The Credit Union has linked up with Legal & General and Central & North West London NHS Trust to offer a Salary Savings Scheme to their employees. Our Salary Savings Schemes allow employees to have savings or loan repayments deducted directly from...

27 July 2017

International Credit Union Day 2017

This year’s International Credit Union Day takes place on Thursday 19 October and the theme is “Dreams Thrive Here”. International Credit Union (ICU) Day takes place every year on the third Thursday in October and this year’s theme was decided b...

26 July 2017

Thank you to our spring interns!

Throughout the year we offer work experience internships from the UK and far beyond. This spring we had another international group of people who have been a great help to our co-operative and gained some great work and life experience working in...

26 July 2017

Wingate & Finchley FC

The Credit Union is pleased to support a number of community sporting programmes, including Wingate & Finchley Football Club. Initially two separate clubs, Wingate and Finchley merged in 1991 and currently play in the Isthmian Premier League. The ...

13 July 2017

Online access and mobile savings app

Just a reminder that the easiest way for members to access their accounts is via the secure members’ area of our website. As the Credit Union continues to grow rapidly, we have increased the number of phone lines and the number of people taking ca...

29 June 2017

International Co-operative Day Celebrations

The 2017 International Day of Co-operatives takes place on Saturday 1 July and co-operatives around the world, including our Credit Union, will be celebrating. This will be the 95th International Co-operative Day and the 23rd United Nations Intern...

23 June 2017

Congratulations to members on their re-election to Parliament

The Credit Union would like to offer its congratulations to our members who were re-elected to Parliament at the General Election on 8th June. David Lammy MP (Tottenham), Emily Thornberry MP (Islington South & Finsbury), Jeremy Corbyn MP (Islingto...

20 June 2017

Money worries linked to mental health

New research from the Money and Mental Health Policy Institute shows that money worries can affect mental health and performance at work. The report entitled Overstretched, Overdrawn, Underserved: Financial difficulty and mental health at work fou...

14 June 2017

Get away with a Credit Union holiday savings account

Research shows that taking a holiday is good for you, so why not start saving for your next trip with a Credit Union holiday savings account? Most of us enjoy getting away once or twice a year, even if only for a short break, and lots of research ...

5 June 2017

Celebrating Volunteers’ Week

Did you know that it is Volunteers’ Week, an annual celebration of the fantastic contribution that millions of volunteers make across the UK, including at our Credit Union? Volunteers’ Week takes place every year from 1st to 7th June and, along wi...

1 June 2017

Parties publish manifesto commitments on credit unions

In the run up to the General Election on 8th June, the main political parties have set out their position on credit union issues in their manifestos. The Labour Party manifesto includes a commitment to legislate to ensure a more diverse banking sy...

26 May 2017

Members benefit from share of our profits

Our adult members have this year benefited from a 0.75% dividend on their savings and our young savers received 1%. Sharing in our profits is one more reason to choose the Credit Union. As a financial co-operative, every year the Credit Union aims...

18 May 2017

Show your home some love

It’s that time of year again, now the weather is warming up, when we get outside and start to notice all the jobs that need doing around the house. Fortunately, the Credit Union offers a range of low cost loans to cover home and garden improvements. ...

11 May 2017

Haringey kids get incentive to save

Year 6 and 7 school pupils in Haringey are being encouraged to save by Haringey Council and can get £20 for opening a Credit Union account. Haringey Council is keen to encourage children to learn the savings habit and will pay £20 into...

4 May 2017

Savings plan helps with funeral costs

At the Credit Union we find that a significant part of our lending business is to meet funeral costs and so we have set up a specific funeral savings plan to help members prepare for such costs. The affordability of funerals has become a hot topi...

27 April 2017

Credit unions around the world - Ireland

Did you know that over 77% of the population of Ireland are members of a credit union? This is one of the highest levels of membership anywhere in the world. In 2015 there were 421 credit unions in Ireland, with 3.4 million members. These credit u...

19 April 2017

Doing our bit to reduce climate change

2016 was the warmest year on record and human activity is contributing to the rise in global temperatures, so we should all do what we can to reduce our impact on the planet. The Paris Agreement in November 2016 is the world’s first comprehensive ...

12 April 2017

Meet Alan Ramsdale - one of our volunteers

Retired IT professional Alan Ramsdale originally joined the Credit Union on the recommendation of his wife. Alan originally hails from rural Wiltshire, near Stonehenge, and spent his working career in the gas and oil exploration sector, most recen...

6 April 2017

Find out about our Salary Saving Scheme

Our Salary Saving Scheme allows employees to have savings or loan repayments deducted directly from their salary. This scheme aims to help encourage more people to start saving and provides access to very low cost credit when it’s needed. Increas...

29 March 2017

Supporting community football

The Credit Union is pleased to support local football clubs such as Enfield Town FC, the UK’s first supporter owned club. It is not uncommon to hear complaints about ‘modern football’, yet the national game is generally recognised as an important ...

22 March 2017

Credit Union welcomes visitor from Colombia

We recently welcomed Oscar Guzman from Colombia to the Credit Union. Mr Guzman, who works for the World Council of Credit Unions in Colombia and Ecuador, has extensive experience of financial inclusion, micro-credit and credit unions in Latin Amer...

15 March 2017

What our members say

We have had lots of positive feedback recently from Credit Union members, so we would just like to share some of their comments. “It’s an amazing financial model, I think more banks should work that way.” “When I needed help they were there for me...

7 March 2017

Credit unions turn borrowers into savers

A new report from the Fairbanking Foundation shows how credit unions turn borrowers into savers. The report, Save As You Borrow – Credit Unions Creating Good Habits, used research carried out by Ipsos MORI for the Fairbanking Foundation into the b...

28 February 2017

Why I joined - Freddie Ahmet

Freddie Ahmet works as a caretaker for Islington Council and joined the Credit Union in August 2011. For years Freddie had struggled with money management and ended up with an IVA in order to deal with his debts. A work colleague mentioned the cr...

23 February 2017

Launch of SmartCash debit card for kids

The SmartCash Junior Account is a great new way for Credit Union members aged between 8 and 16 to secure their pocket money and then spend safely on the high street or online, all under parental supervision. SmartCash is a safe and convenient way...

15 February 2017

UK credit union assets pass £3 billion

The assets of credit unions across the United Kingdom have reached £3 billion for the first time. This significant milestone in the credit union movement’s growth was revealed in the latest statistics published by the Bank of England. Th...

9 February 2017

Thank you to our autumn interns!

We continue to provide work experience to interns from the UK and further afield looking to gain practical experience in the financial services industry. Our interns get involved in a range of projects which greatly help develop and promote the C...

3 February 2017

Credit Union continues to grow

Members who came along to this year’s Credit Union AGM on 2nd February heard how the Credit Union continues to grow and that 2015-16 was another record year. In the financial year 2015-16, our membership grew by 19% to just over 15,000, savings by...

26 January 2017

Great deals on electrical items for Credit Union members

If you’re thinking of replacing electrical items around the home – maybe your washing machine or cooker has just packed up – then it’s important to buy from a trusted supplier, who won’t charge you the earth in interest charges. Why not take a look a...

19 January 2017

Post Christmas credit card blues?

If your post Christmas credit card bill has just landed and you’re worried about paying it off, why not talk to us? You could pay it off with a Credit Union loan and then look at trying our alternative card. We offer loans of up to £15,000 a...

11 January 2017

An invitation to our Annual General Meeting

We would like to invite our members to come along to the Annual General Meeting (AGM) of the credit union, which takes place on Thursday 2nd February 2017. As a membership organisation, London Capital Credit Union relies on the support of its memb...

2 January 2017

Accessing your account online

Credit Union members are increasingly accessing their accounts through our website, so if you haven’t already, why not sign up for online access? All the forms that members need are available on our website and you can apply for membership, reques...

20 December 2016

Season’s Greetings and Happy New Year

We would like to wish our members, families and friends the very best for the festive season and a very happy 2017. 2016 has been another very busy year for London Capital Credit Union as we achieved significant growth in lending. During the ye...

16 December 2016

Christmas opening hours

If you need to contact us over Christmas or New Year, please note our opening hours. Friday 23rd December 2016: office closes at 1pm Saturday 24th December: CLOSED Sunday 25th December: CLOSED Monday 26th December: CLOSED for Bank Holiday Tuesda...

13 December 2016

Cheaper Christmas Campaign

Members of the Credit Union were out and about in Islington recently handing out leaflets explaining the costs of buying products from ‘rent to own’ shops. Credit unions offer their members much more ethical and cheaper loans than high cost lender...

7 December 2016

Spread the cost of Christmas

It might be too late to start saving for this Christmas, but if you take out a low cost Saver Loan from the Credit Union now, by this time next year you could have a lump sum to pay for next Christmas. Our low cost saver loans allow you to borrow ...

1 December 2016

Stuck for ideas about dinner?

If you are looking for some inspiration on what to cook for dinner, then look no further than www.dinner4tonight.com. This Co-op Food website is designed to give you lots of quick and easy suggestions for healthy, tasty and affordable meals. The r...

23 November 2016

Credit unions around the world – Australia

There are 99 credit unions in Australia serving 4.5 million members – that’s nearly 30% of Australians – and they have total assets of over $57 billion. Credit unions in Australia aim to offer competitive banking options with outstanding customer...

16 November 2016

Why I Joined - Olatunde Ojo

Olatunde Ojo joined the Credit Union after a work colleague recommended us to him as a more ethical place to save. Olatunde works for a large company called Veolia Environmental Services, one of the hundreds of companies that provide staff across ...

8 November 2016

Credit union lending continues to grow

The latest figures from the Bank of England show a huge increase in credit union loans – and London Capital Credit Union is leading the way. Credit union lending in Britain has grown by 8.5% since June 2015 to more than £781 million. This me...

3 November 2016

Salary Savings Scheme for East London NHS Trust

East London Foundation Trust is the latest NHS Trust to team up with the Credit Union to provide a salary savings scheme to its thousands of employees. The Trust provides specialist mental health community and inpatient services to people across ...

27 October 2016

What is the World Council of Credit Unions?

The World Council of Credit Unions is the organisation that represents credit unions around the globe and is both a trade association and development agency. Worldwide, 57,000 credit unions in 105 countries serve 217 million people. The World Cou...

19 October 2016

Keeping you informed to promote our democracy

London Capital Credit Union is a co-operative organisation and we aim to keep our members informed about issues that affect the credit union and its local communities. We believe that our members have a right to information about their credit unio...

13 October 2016

Church links

Over the last year or two, the Credit Union has been partnering with churches as part of the Archbishop of Canterbury’s ‘Credit Champions Network’. The project was designed to unlock the resources of local churches – people, money, buildings, and...

6 October 2016

Meet Laurie – One of Our Volunteers

Laurie joined the Credit Union as a member in January 2013, because, as a long-term believer in the co-operative movement, he felt it was the right thing to do – supporting less well-off members of the community. “In March 2014, I took out a ‘Save...

29 September 2016

Thank you to our summer interns!

The Credit Union continues to provide work experience to overseas interns looking to gain practical experience in the financial services industry. Our interns have worked on a range of projects that greatly help our members by developing and prom...

23 September 2016

Guide for councils to back credit unions

A new guide has been launched to show councils how to support the growth of credit unions – and London Capital Credit Union’s partnership with Haringey Council is leading the way! The new guide, published jointly by the Co-operative Party and the ...

14 September 2016

Credit unions can help solve poverty

A new report on tackling poverty in the UK has highlighted the role that credit unions can play. The new report, We can solve poverty in the UK, from research charity the Joseph Rowntree Foundation (JRF), offers a plan to end poverty in this count...

7 September 2016

Follow us online

Did you know that, as well as visiting our website for news and information about London Capital Credit Union, you can follow us on social media? For all the latest updates about the credit union you can like us on Facebook and follow us on Twitte...

31 August 2016

We can help with school uniform loans

The new school term can be an expensive time for parents, especially if starting a new school. The Credit Union can help you meet the cost of uniforms and other school expenses with our range of low cost loans and savings. A new school year can be...

31 August 2016

Scheme for independent retailers

London Capital Credit Union offers local independent businesses the opportunity for their customers to access our low cost credit to buy higher cost items, avoiding the use of expensive credit cards. By providing access to an ethical and affordabl...

18 August 2016

Protect yourself against identity fraud

Help us to help you by having your London Capital Credit Union membership number to hand when you get in touch with us. We insist on having your number, not because we are awkward, but to protect your account from identity fraud. Having your numb...

11 August 2016

Meet our Board member Jon Colclough

Jon Colclough has been involved with London Capital Credit Union since 2013, initially as a member of the Supervisory Committee which carries out internal audit functions. He worked for the Financial Conduct Authority, the industry regulator, for ...

4 August 2016

Credit unions around the world - Canada

Did you know that there are over 300 credit unions across Canada serving 5.5 million members? That means nearly one in five Canadian adults belong to at least one credit union! The stated focus of Canadian credit unions is on strengthening the ec...

28 July 2016

Credit union signs up to Women in Finance Charter

London Capital Credit Union is pleased to be one of the first credit unions in the UK to sign the Women in Finance Charter. The charter, which was launched recently by The Treasury, aims to improve gender diversity in senior positions in the fina...

22 July 2016

International recognition for council and credit union

Islington Council’s work in support of its local credit union has gained international recognition as it hosted a group of senior managers from Singapore. The group from the Singapore National Co-operative Federation was greeted by the Leader of I...

21 July 2016

Join us and save money

London Capital Credit Union offers a range of affordable credit to people from every conceivable background, but our main objective is to encourage people to save so they don’t have to borrow. Encouraging more people to take out loans is an extre...

14 July 2016

International Credit Union Day 2016

This year’s International Credit Union (ICU) Day takes place on Thursday 20th October and will recognise “The Authentic Difference” offered by credit unions. The World Council of Credit Unions, which is the global trade association for credi...

7 July 2016

Meet Zana – one of our volunteers

Zana Puzanskaja came to the UK to seek work after the company she worked for in Lithuania closed leaving her and her husband without an income. Zana says that people can gain a lot from volunteering with the credit union. “I joined the credit unio...

29 June 2016

New salary savings schemes

We’re delighted that two more employers have linked up with us to provide a payroll deduction savings scheme to their employees. One is the large City of London based law firm Linklaters and the second is University College London Hospital. Both ...

24 June 2016

Haringey Schools Music Festival

London Capital Credit Union is proud to be supporting the Haringey Schools Music Festival 2016. Nearly 2,000 children and young people from Haringey schools will be gathering at the Royal Albert Hall on Monday 27th June. The youngsters will ...

16 June 2016

Co-operatives in the UK are thriving

London Capital Credit Union is part of a global movement of co-operative businesses which are owned and controlled by their members. A new report from Co-operatives UK, the organisation which represents co-operatives in the UK, shows that one third o...

9 June 2016

Thank you to our spring interns!

At London Capital Credit Union, we continue to provide work experience to overseas interns looking to gain practical work experience in the UK financial services industry. Our interns have worked on a range of projects that greatly help our memb...

2 June 2016

The ideal alternative to expensive credit cards

At London Capital Credit Union, we work with a partner that provides a contactless Visa debit card that’s an ideal alternative to expensive credit cards. You can use the Engage Visa card in much the same way as a credit card, to purchase goods or...

23 May 2016

BBC TV series looking for credit union members

Curve Media are teaming up with credit unions to make a new TV series for the BBC exploring how people may benefit from a small loan to make a massive difference in their lives. Every day thousands of people find themselves in need of just a few h...

16 May 2016

London Capital Credit Union just the ticket

Neville Lobo has been a member of London Capital Credit Union for over 10 years and in that time has used its services to both save and borrow. Says Neville, “I joined London Capital Credit Union a very long time ago, long before it became as big ...

9 May 2016

British credit unions keep growing

It’s great to see that, according to the latest statistics from the Bank of England, credit unions in Britain are continuing to grow. The figures show that, at the end of December 2015, Britain’s 342 credit unions had over 1.2 million members (inc...

27 April 2016

Could you benefit from payroll deduction?

London Capital Credit Union now works with 47 different employers, large and small, helping their staff manage their money by providing a payroll deduction savings and loans scheme with the credit union. If you work for one of these employers, you...

21 April 2016

London Capital Credit Union welcomes Brazilian co-operators

The co-operative movement is truly international and London Capital Credit Union recently hosted a delegation of co-operative members from Brazil who were visiting some of the UK’s most successful co-ops. The visitors came from the fields of medi...

14 April 2016

Have You Tried Our Loan Calculator?

Our website has an easy to use loan calculator that allows you to clearly check the low cost of our loans and make comparisons with other lenders. Just enter the type of loan you are looking for into the calculator, the amount you would like to b...

31 March 2016

Meet our Board member Kathleen Egan

Kathleen Egan joined the Board of Directors of London Capital Credit Union six years ago and currently serves as our training officer. Kathleen has lived in Islington since 1980, when she worked in a childcare nursery. Whilst there she saw lots of...

21 March 2016

Haringey resident says join your credit union

A member of London Capital Credit Union is calling on Haringey residents to join their local credit union to help strengthen the local community. “Unlike high street banks, credit unions are owned by local people and work for their best interests,...

14 March 2016

Corporate membership a big hit for local tennis club

London Capital Credit Union offers corporate membership to allow organisations to place money on deposit with us. These deposits help the credit union meet the increasing demand for our low cost ‘Saver Loans’. One such organisation is the co-oper...

7 March 2016

Supporting new business

London Capital Credit Union has provided a recently established outside catering business with loan capital for a new vehicle and other equipment. Naisha Hutchison joined London Capital Credit Union in 2011 when she wanted a Saver Loan to help wit...

29 February 2016

Thinking of a holiday? We can help with a holiday loan

It’s that time of year when many of us start to think about taking a holiday and escaping to some warmer weather. But before you book your holiday on your credit card, remember to get a quote from London Capital Credit Union for a low cost Saver Loan...

22 February 2016

Meet Matt – one of our volunteers

Matt, from Seattle in Washington State, USA, has been volunteering with London Capital Credit Union since October last year. Matt moved to the UK in 2015 and now lives in Kentish Town. A longstanding member of the School Employees Credit Uni...

15 February 2016

Two more organisations introduce payroll deduction with us

Two of the latest employers to provide a payroll deduction savings scheme with London Capital Credit Union are Jewish Care, a long established national charity, and the world famous St Paul’s Cathedral. Both of these employers are proud of their ...

11 February 2016

Thank you to our autumn interns!

At London Capital Credit Union, we regularly offer placements to overseas interns looking to gain practical work experience and this autumn was no exception. Our interns carry out a range of projects that greatly help our members by developing and...

9 February 2016

Meet our board member Mark Badcock

Mark Badcock has been involved with credit unions for over 20 years and his experience is very valuable in his role as a Board member of London Capital Credit Union. Mark says: “I helped set up a credit union for Islington Council employees nearly...

19 January 2016

AGM is on Thursday, 4 February

Please note that our AGM is on Thursday, 4th February. Annual General Meeting of London Capital Credit Union To be held at UNISON Centre, 130 Euston Road, London NW1 2AY on Thursday 4th February 2016 at 7pm Find out more by clic...

18 January 2016

Volunteer Point of View

Ann is a born and bred Haringey resident who joined London Capital Credit Union in January last year and started volunteering shortly after. Ann says: “I joined because I had seen publicity about the Church of England’s campaign against pay...

18 January 2016

Come to our Annual General Meeting

All members of London Capital Credit Union are invited to attend the Annual General Meeting (AGM) at the beginning of February to find out more about the progress and direction of their credit union. As a membership organisation, London Capital Cr...

11 January 2016

New Payroll Deduction Scheme for FSCS

One of the latest employers to set up a payroll deduction savings scheme with London Capital Credit Union is the Financial Services Compensation Scheme based in the City of London. Our payroll deduction savings scheme allows employees to have sav...

20 December 2015

Season’s Greetings

We would like to wish our members all the very best for the festive season and a very happy New Year. 2015 has been a very busy year for London Capital Credit Union as we achieved significant growth in lending over the last year. In November, w...

15 December 2015

Credit Champions Make a Difference for Churches

Over the last year, London Capital Credit Union has been partnering with local churches as part of the Archbishop of Canterbury’s ‘Credit Champions Network’ scheme. The project is designed to unlock the resources of local churches – peop...

15 December 2015

Members have their say

Members of London Capital Credit Union have been coming forward to say how the credit union has helped them. In a recent survey to gauge satisfaction with the services we offer, London Capital Credit Union asked members to let us know in what ways...

4 December 2015

Can’t Afford To Save? Try Our Saver Loan

Our unique Saver Loan is designed to get you into a savings habit – even if you don’t think you can afford to save. Research suggests that only 60% of UK adults, and 80% of Londoners, have any savings. Many of us say we will start saving once we h...

30 November 2015

Congratulations - Staff & Volunteer Awards Winner

Apprentice member services and support officer at London Capital Credit Union, Ertan Ali, has won our quarterly award for a member of the volunteer / staff team. Amongst the many nominations received, one comment stood out as an example: “Ertan is...

23 November 2015

Find out about our Christmas Club Savings and Christmas Loans

Christmas is nearly here again and the bills are set to mount up, but London Capital Credit Union can help with our Christmas Club Savings and Christmas Loans. Our main objective is to encourage people to save rather than borrow, and our C...

18 November 2015

London Capital Credit Union commits to London Living Wage

As one of London’s largest member-owned financial businesses we have become a London Living Wage employer to demonstrate our commitment to our employees. The London Living Wage award marks the continuing commitment by London Capital Credit Union i...

18 November 2015

Adult membership of credit unions reaches 1.1 million

Britain’s credit union movement has passed a new milestone, with 1.1 million adults now registered as members. The latest figures published by the Bank of England show that in June 2015, adult membership of credit unions in England, Scotland and W...

4 November 2015

School savings scheme success

In conjunction with Haringey Council, London Capital Credit Union has reached the end of its first year of encouraging school students in the borough to save and the credit union now has over 800 ‘Young Savers’ in membership. Beginning with secon...

29 October 2015

Credit Unions lead the way for banking sector

The Fairbanking Foundation - the not-for-profit charity dedicated to encouraging banking institutions to improve the financial well-being of their customers – has expanded its Mark certification scheme to now cover products owned by one in three UK a...

23 October 2015

Something to shout about!

We’re delighted to report that membership of London Capital Credit Union has increased by 25% in the last year, which means that nearly 13,000 people now benefit from our services. In addition, savings with us have increased by 31% and our l...

12 October 2015

Meet Our Board Member Sharon

London Capital Credit Union Board member Sharon has known about credit unions all her life, but only got directly involved when she saw a leaflet about setting up a new credit union in Islington. “My parents have always been part of the cred...

5 October 2015

Credit union calls for volunteers to help with soaring demand

London Capital Credit Union in Islington is looking for volunteers in the run up to Christmas as it deals with rocketing demand for its services. The credit union saw its membership increase by 10% in September alone. This follows a recent c...

30 September 2015

Save money on credit checking

At London Capital Credit Union we see hundreds of people paying regular monthly charges to credit checking companies, but there is a way you can save money… Credit checking firms often don’t remind you when their free trial period ends, so y...

26 September 2015

People helping people – the credit union way

Credit unions around the world celebrate International Credit Day every October to highlight the importance that credit unions have to millions of people across the globe and to attract more members. This year’s theme is ‘People helping people’. ...

21 September 2015

From benefits to business – a member’s story

When Jemma Burbridge joined London Capital Credit Union in early 2010 she was struggling for money. Having separated from her partner, she was reliant on benefits to support her and her two young kids but, with help from London Capital Credit Union, ...

16 September 2015

FSCS Announces New Deposit Protection Limit

The Financial Services Compensation Scheme has announced a new limit on the amount of individual savings that are covered by the scheme.The current £85,000 level of protection continues until 31 December 2015, so there’s no immediate ch...

14 September 2015

Global credit union membership rises by 10 million!

The latest figures for the international credit union movement show that global membership has risen to over 217 million, an increase of approximately 10 million people in a year. The latest report from the World Council of Credit Unions, which repre...

7 September 2015

How does a credit union work?

When people first find out about us, they often ask us how a credit union works. Well, it’s quite simple really…A credit union is open to anyone who lives, works, studies or worships in a certain geographical area or who works for certain employers. ...

4 September 2015

Need a car loan? We can help!

Don’t be fooled by attractive sounding finance offers when buying your next car, get a quotation from London Capital Credit Union first. We recently increased our borrowing limits, so we are able to offer loans that will help members get a new car at...

31 August 2015

Could you volunteer at the credit union?

As a co-operative, London Capital Credit Union is keen to involve members in helping to run the business. Volunteers play an essential role in delivering our services and one such volunteer is Malgorzata (Maggie) Bartoszuk. Maggie came to the UK to l...

27 August 2015

London Capital receives Lloyds Banking Group grant

London Capital Credit Union has been awarded a grant from Lloyds Banking Group to help us continue to grow.Lloyds Banking Group recognises that the credit union sector provides a very important service to many people across Britain and is providing a...

21 August 2015

Even more people can now join us!

Good news for those wanting to join London Capital Credit Union but who couldn’t previously because they live and work outside our area. We can now allow any member or employee of The Co-operative Group, London & South East Region, and also all membe...

21 August 2015

Payroll deduction schemes

London Capital Credit Union works with an increasing number of organisations which offer payroll deduction schemes to help their employees save or pay off loans.Research suggests that 80% of Londoners have no savings and obviously this is linked to t...

18 August 2015

Meet our Member Services Officer Maria

For our Member Services Officer Maria, taking a job at London Capital Credit Union was just ‘too good to refuse’!Maria originally joined the credit union as a saver but, one day, while looking at our website, she came across an advert for volunteers....

27 July 2015

Working with faith groups

Over the last 12 months, London Capital Credit Union has been working with a number of churches in north London. The Archbishop of Canterbury has been publicly critical of the role of payday loans in pushing people into problem debt and in 2014 he...

20 July 2015

Loan fact and fiction!

Here are some facts… and fiction… about our loans! Fact: One of the ways we share our profits with our members is to refund some of the money paid by our borrowers. This year our AGM approved a 1.2% rebate of the interest paid by our members...

15 July 2015

Five Stars for us!

The Fairbanking Foundation – the not-for-profit charity dedicated to encouraging banking institutions to improve the financial well-being of their customers – has awarded its first Mark certifications to credit unions with London Capital Credit Union...

9 July 2015

Meet the staff: Albert Bonilla

Albert Bonilla has joined the paid staff at London Capital Credit Union as a Member Services & Support Officer. Albert first came to London Capital Credit Union as an intern in January 2013. He arrived in the UK to improve his English, having comp...

9 July 2015

Credit union welcomes banking tie up

Playing a key role in delivering Lloyds Banking Group’s Helping Britain Prosper Plan, branches of Lloyds Bank and Halifax in our common bond area are working with London Capital Credit Union to ensure customers are signposted towards financial soluti...

9 July 2015

Money troubles? Don’t suffer in silence!

London Capital Credit Union’s independent money advisers are here to help when times get tough. There are occasions in most peoples’ lives when we find it difficult to cope and it is no different when it comes to managing money. Unexpected bills, ...

9 July 2015

Launch of payroll deduction for charity

London Capital Credit Union has teamed up with the Fremantle Trust, a charity providing care services, to offer a payroll deduction savings scheme to its staff. The Fremantle Trust is a registered charity and not-for-profit provider of high qualit...

9 July 2015

Meet our Board member James Darbyshire

James Darbyshire was co-opted onto the London Capital Credit Union Board in 2014 and elected at our AGM in March. James says he decided to put himself forward for a position on the credit union’s Board because he wanted to contribute to the runni...

21 June 2015

Maximum loans increased to £20,000

Following a discussion with our members, London Capital Credit Union has agreed to increase its lending limits. Our maximum first loan limit has increased to £5,000, the second loan to £10,000 and third or subsequent loans to £20...

15 June 2015

Transfer your credit card debts to us and save money!

London Capital Credit Union is encouraging members to look at transferring their credit card debts to a single low cost loan from the credit union to save money. It’s really easy to rack up debts on your credit card without really noticing and, if...

15 June 2015

Thank you to our latest interns!

London Capital Credit Union has a reputation for being a ‘united nations’ operation, with staff, volunteers and interns from every corner of the planet. Spring 2015 has been no exception and we have welcomed interns from Germany, the United States...

15 June 2015

Launch of payroll deduction scheme for charity

London Capital Credit Union has teamed up with the Fremantle Trust, a charity providing care services, to offer a payroll deduction savings scheme to its staff. The Fremantle Trust is a registered charity and not-for-profit provider of high qualit...

21 May 2015

We can help you pay for your holiday

If the final bill for the summer holiday you booked last year has just landed on your doormat and you’re wondering how on earth you’re going to pay for it, then talk to London Capital Credit Union as we may be able to help. If you need some extra...

21 May 2015

Nepal Earthquake Appeal

Credit unions and co-operatives are supporting fundraising efforts for the victims of the Nepal earthquake and London Capital Credit Union is encouraging its members to donate if they can. Over 7,000 people have already been confirmed dead followi...

20 April 2015

Members’ savings rocket

London Capital Credit Union has had one of its best months ever, with member savings rocketing by £300,000 in March alone. The credit union saw its savings deposits grow by almost 4% last month, taking the total amount of member savin...

16 April 2015

Organisations can join the credit union too

We’re encouraging businesses and other organisations to join London Capital Credit Union as corporate members and help us raise the cash we need to lend to people in our local community. Residents associations, local charities, churches and children...

10 April 2015

Time for some home improvements?

Spring is in the air, so what better time to take on some of those much-needed home improvement projects with a low cost loan from London Capital Credit Union? Whether it’s time to do up the kitchen or bathroom, your garden needs a makeover or your ...

24 March 2015

Access your account online

It’s easier than you might think to access your credit union account online thanks to our new, improved log in facility. We recently simplified online access for our members, so you can get information about your credit union account as well as a ra...

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  • London Capital Credit Union
  • Tel: 020 7561 1786 (Multilingual advisors available)  • 
  • Fax: 020 7272 8192  • 
  • Email: info@credit-union.coop
  • Web: http://www.credit-union.coop
Authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Firm Ref. No. 214094