LMCU is honoured to receive the Employer Recognition Scheme Bronze award from the Armed Forces Covenant and are committed to work with all the MOD personnel.

The Armed Forces Covenant is a promise from the nation that those who serve or have served, and their families, are treated fairly.

Ethical Loans, Current Accounts and Savings

Since November 2015, LMCU has been offering members of the Armed Forces with loans, current account and saving options with a request from the Ministry of Defence.

Many serving and veteran members of the Armed Forces find themselves financially excluded from opening bank accounts and receiving affordable credit. However, we have tailored our services to tackle these challenges by providing flexible savings accounts which allows them to save straight from their salary. Our loans for members of the Armed Forces can be repaid directly from their salary or pension, allowing them to easily repay their loans and build both their savings and credit rating.

By joining LMCU they also have full access to our other products and services such as current accounts, online banking, SMS services and more.

More than Finance        

As part of our pledge with the Armed Forces Covenant, we plan to do much more than offering our tailored affordable loans, savings accounts and current accounts. We are helping members of the Armed Forces transition back into civilian life by helping them to develop new skills and competencies, as well as recognising the immense amount of skills and expertise that serving members can bring to the banking world and our communities.

Are you a Member of the Armed Forces?

If you are a member of the Armed Forces then CLICK HERE to join today!

Our services are available to those serving in:

  • The Royal Air Force
  • The Royal Navy
  • The British Army
  • Veterans and reservists who are paid by the Ministry of Defense

Join Today