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Fair and affordable finance at the heart of our community since 1982

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Take control of your finances with a London Mutual current account

Our credit union current accounts provide everything you’d expect from a bank account, with a convenient debit card, the ability to set up direct debits, and access to cash machines both here and while on holiday.

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"Loans can be for anything, such as home improvements, a new car or going on holiday. Some members also use loans to consolidate debts, so instead of paying high interest, they pay one affordable payment. "

Matthew Sweetlove, Head of Loans

"The bank I was with weren't being understanding, or trying to accommodate. I wanted to join the Credit Union, because I knew that they were a bit more personable.”"

Lucy Wright, Member

"I’ve used loans for Christmas, for my grandchildren, to repair my house, or go on holiday. I borrowed once for a holiday, and I borrowed a couple of times for refurnishing my house.”

Androulla Surrey, member for 18 years

"People take out loans for all sorts of different things, such as going on holiday, paying bills, childcare, home improvements, funerals, cars. It all depends on what time of year. We have Christmas loans and in the summer it’s usually holidays"

Lisa Walder, Deputy Branch Manager

About London Mutual Credit Union

We were founded by employees of Southwark Council in 1982. Since then, we’ve had one mission: serving our member communities by providing fair and ethical financial services that are relevant to their needs.

The community we serve (known in law as our ‘common bond’), now covers the heart of Central London. This includes the Boroughs of Lambeth, Southwark, Camden and Westminster, in addition to all serving members of the UK armed forces and anyone who worships at the New Testament Church of God. Family members living in the same household as one of these groups are also eligible to join.

About our credit union