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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email:

Wed 16-Aug-2017
NewsLondon Capital Credit Union welcomes Brazilian co-operators
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 medicine, agriculture, finance and manufacturing and were keen to find out more about the work being done by our credit union, as well as a number of other UK co-operatives.

As a co-operative, London Capital Credit Union is owned and controlled by its members – not outside shareholders – and is part of a global network of co-operative businesses.

According to the International Co-operative Alliance, which represents co-operative organisations worldwide, co-operative enterprises employ over 250 million people around the globe and generate over £1.5 trillion each year.

“We were delighted to welcome the Brazilian visitors to London Capital Credit Union,” said Sharon Dyer, Director and Vice Chair. “I hope we were able to give them an insight into what makes our co-operative business so successful, and it was interesting for us to find out more about co-operatives in Brazil.”

As businesses driven by values not just profit, co-operatives share internationally agreed principles and act together to build a better world through co-operation. 

Co-operatives are based on the values of self-help, self-responsibility, democracy, equality, equity and solidarity. In the tradition of their founders, co-operative members believe in the ethical values of honesty, openness, social responsibility and caring for others.

In 2015, membership of London Capital Credit Unions increased by 21% to over 13,000 members and members’ savings balances increased by 23%.

Last year, London Capital Credit Union received 5 star ratings from the Fairbanking Foundation for its Saver Loan and Instant Saver Loan products.

The credit union is also an accredited London Living Wage employer, which means we have signed up to ensure that all our employees are paid a wage that reflects the real cost of living. The London Living Wage is currently £9.40 per hour.

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Authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Firm Ref. No. 214094