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

Fri 18-Aug-2017
NewsOrganisations can join the credit union too
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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’s groups, for example, are all able to join the credit union. By depositing funds with London Capital, organisations know that their money is being used to help the community and is keeping people out of the clutches of loan sharks and high cost lenders.

Businesses, charities, sole traders and voluntary groups located in Barnet, Camden, City of London, Hackney, Haringey or Islington can become corporate members. Sums on deposit will attract the same dividend rate as for individual members – for example we recently declared an annual dividend of 1.2% on all of our members’ savings – and may be withdrawn upon request.

Chief Executive Martin Groombridge says: “As a not-for-profit savings and loans co-operative, London Capital Credit Union is dedicated to encouraging people to save rather than borrow, but also provides low cost loans at times of need. We rely on savers to generate the funds we need to provide such loans, and businesses and organisations are ideally placed to help us achieve this.”

If you are involved in a local organisation that could be interested in our Corporate Membership Account, please see the Corporate Membership page on our website or pass the link below on to others within your organisation. http://www.credit-union.coop/content.asp?section=210


 


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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