Your local banking choice
Fair and affordable finance at the heart of our community since 1982
What we do
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When a company offers a loan, credit card, mortgage or store credit, by law, they’re required to show its APR. But what does APR actually mean, how is it calculated, and how can you use it to get the best deal?
Banking at the heart of our community
Join London Mutual credit union today
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"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.