Young Savers
We believe that it’s important to teach the importance of savings from a young age. So whether you are looking to open an account for a child, grandchild or looking to encourage your children to open their own account, we can help. So get in touch and start them on the right path today.
Young Savers
We believe that it’s important to teach the importance of savings from a young age. So whether you are looking to open an account for a child, grandchild or looking to encourage your children to open their own account, we can help. So get in touch and start them on the right path today.
Young Savers
Accounts
It is becoming increasingly important to teach your children the value of saving for the future.
Young Saver Accounts
Do you have a child under the age of 18 years of age? Would you like to encourage them to learn how to manage money & realise the value of saving? So do we.
You can save for them in many ways including using some or all of your Child Benefit to go to their Young Saver account.
To open your child’s account simply fill in the form below.
Save with your Child Benefit
You can save with your Child Benefit paid directly to your credit union account. If you are already a member then complete the form below. You will need your membership form and your child benefit reference number for the form.
To open a young savers account you (the trustee) must fulfil at least one of the criteria below. The young person does not need to fulfil any of the criteria listed below
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Live, work, study or worship in any of the following areas:
- Barnet
- Brent
- Camden
- City of London
- Enfield
- Hackney
- Haringey
- Islington
- Waltham Forest
A member or employee of The Co-operative Group (The Co-op) in London and the South East Region.
This includes:
- Berkshire
- Buckinghamshire
- East Sussex
- Greater London
- Hampshire
- Isle of Wight
- Kent
- Oxfordshire
- Surrey
- West Sussex
If you live in this region and shop at a Co-op store from time to time then you can become eligible to join our Credit Union by instantly joining the Co-operative Group by visiting https://membership.coop.co.uk/register;
Become a member of UNITE the Union or UNISON
All members of UNITE the Union or UNISON in the Greater London Region are eligible to join.
Employees of the following organisations anywhere in the UK:
- Action on Hearing Loss/RNID
- Bahay Philippino Housing Association
- Barnet & Chase Farms Hospitals Trust
- Barts Health NHS Trust
- BPP Education
- Circle Housing Group
- Citizens Advice
- Co-operative Group South East Region
- Dorchester Collection
- Elior Catering
- Freemantle Trust
- Genesis Housing Association
- Great Ormond Street Hospital
- Greenwich Leisure
- Guardian Media Group
- Guarding UK
- Homerton NHS Trust
- Islington & Shoreditch Housing Association
- Lineage
- Murphy Group
- Middlesex University
- Moorfields NHS Trust
- One Housing Group
- Orbit Group
- Origin Housing
- Picturehouse Cinemas
- Radio Taxis (London)
- RNIB
- Rydon
- Royal Free London NHS Foundation Trust
- Royal Air Force Museum
- Southern Housing Group
- TfL Transport for London
- UCLH NHS Trust
- Unison
- Unite the Union
- University College London
- Veolia Environmental Services
Making deposits into your Credit Union account.
Standing Order & Bank Transfer
These payment methods are suitable for one-off deposits and/or recurring payments into savings from your bank account.
The easiest way to set up a Standing Order is to use online banking or to contact your bank.
You must use your membership number (or NI Number) as the reference for every payment.
Bank Name:
Co-operative Bank
Sort Code:
08-92-50
Account Name:
London Capital Credit Union
NB Some banks may say account does not match the name because our full name, London Capital Credit Union Ltd., is too long. You can ignore the error message and use these details.
Account Number:
67003299
Reference:
Your credit union membership number or your NI number in order that we can credit the payment to the correct account.
Salary Savings Schemes
Many people can make regular savings deposits or loan repayments directly from salary. CLICK HERE to access the Online Salary Savings Schemes Form.
Cash
We only accept cash for initial deposits. If you make your first deposit by cash the maximum we can accept is £50.
Cheques
Cheques should be made payable to ‘London Capital Credit Union’ or payable to yourself. We can also accept cheques payable to yourself. You should note that it will take at least 12 working days before you are able to draw on funds paid in by cheque.
Save with your Child Benefit
Once you have your credit union membership number you can save by having your Child Benefit paid directly to your savings account. complete the form below. You will need your membership number and your child benefit reference number to complete the form.
