A credit union is a financial co-operative owned and managed by its members. Members are able to save with us, receiving an attractive rate of return, or to borrow at a competitive rate of interest.
If you live or work in North London we will be pleased to have you as a member.
The credit union is regulated by the Financial Services Authority, which oversees all banks and financial institutions, to ensure we adhere to the highest prudential standards.
The savings of all members are insured with the Financial Services Compensation Scheme, so that in the event of the credit union failing, all members will be fully compensated. Click here for more information.
Our directors are approved by the Financial Services Authority to ensure they are fit persons to manage a financial institution, and insurance is in place to protect members should any of their money be
lost due to fraud on the part of anyone involved in the Credit Union.