Anthony Gold staff credit union savings & loans scheme

Anthony Gold Solicitors has partnered with London Mutual Credit Union to help support the financial wellbeing of its employees. Joining the credit union is an optional staff benefit that makes it simple to save directly from your pay, and provides an affordable and convenient option if you need to borrow.

Example: £5,500 borrowed over 36 months. 13.68% APR. Total repayable: £6660.72

Here to help you save
— there if you need to borrow.

Through Anthony Gold Solicitor’s partnership with London Mutual Credit Union, all employees are now able to join the credit union and take advantage of savings and affordable loans as an optional staff benefit.

If you decide to join, you’ll get a savings account and be able to set aside a portion of your salary each month. And for the times when you need to borrow, the credit union offers loans at rates from as low as 4.5% with transparent terms.

As an employee, your savings or loan repayments will be deducted directly on your payslip, saving you time and giving you peace of mind.

I have been saving with LMCU for over 15 years. I recently took out a loan for some home improvements which had been put on hold due to the pandemic. From start to finish a very very good efficient service, highly recommended…

Ed — Credit Union Member

What is a credit union?

Credit Unions are not-for-profit financial co-operatives, owned by, and run for, their members, based on the ideal of ‘people helping people’.

All UK credit unions are regulated by the Prudential Regulation Authority and the Financial Conduct Authority, and as members of the  Financial Services Compensation Scheme, your money is protected.

London Mutual is London’s largest credit union and one of the leading community banks in the UK. Established by Southwark Council employees in 1982, it now serves over 40,000 members across London and beyond. This includes staff at Southwark, Lambeth and Camden Councils, Transport for London and the GLA.

London Mutual Credit Union Heaton Road Peckham Branch

A credit union

London Mutual is based in South London. Founded in 1982, it has over 35,000 members across local government, health, education and the armed forces.

Working for you

The credit union exists to help everyone in our community get into  financial shape—not to make a profit. So you can trust us to act in your best interests.

Salary deduction

As a credit union member, you can arrange to deduct a regular amount from your pay, making it easy to build savings or make repayments without hassle.

Doing good

Every penny the credit union makes is paid back to members as a dividend, used to  support  community work, or reinvested in our services.

Fully Licensed and Protected

Eligible customer deposits with London Mutual Credit Union are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits that customers hold above the £85,000 limit are not covered.

How it works

Any Anthony Gold employee can join online and begin saving or apply for a loan at any time.

Become a member online

You can join online at any time.  As part of the joining process, we’ll ask for your payroll number, which will be used to identify you.

Save or apply for a loan

When you sign up, you’ll be able to choose how much to save each month. Need a loan now? You can apply at the same time as you join. 

Membership account

After some standard ID checks, you’ll get a membership pack in 7-10 days. You’ll also receive your membership number, which you can use to access your money via our mobile and online apps.

We'll do the rest

We’ll pass your name and payroll number to Anthony Gold’s payroll team, letting them know how much you’d like to have deducted each month. No details are shared with anyone else.

On payday

Your savings or loan repayment will be deducted at the same time as tax and NI. The money will appear in your credit union account a few days later. You’ll receive the rest of your salary as normal.

Accessing your money

You can check your savings balance and withdraw it at any time using our mobile or web app. If you have a loan with us, anything saved in your Membership Account will be held until your loan is fully repaid.

Credit union member benefits

As a member of the credit union, you’ll be able to apply for any of our salary-deducted savings and loans.

Convenient savings

Start putting away some of your salary each month for a rainy day, or towards your long-term financial goals. Save as much as you can afford, and watch it grow. Salary deduction makes it effortless.

Affordable loans

Borrow anything from £100 to £25,000, at rates from 4.5% APR. Our personalised decision process means you’ve got the best possible chance of us saying ‘yes’, with convenient repayments from your salary.


London Mutual is one of the first credit unions in the UK to offer mortgages. We offer variable rate mortgages of up to £350,000 with 2 or 3 year discounted periods from 5.15%.

Salaryflex overdraft

With Salaryflex, you get access to an overdraft of up to £2,000 (19.6% APR), in return for agreeing to set up a monthly salary deduction into your credit union account.

Good to know

How do I get started?

If you work for Anthony Gold Solicitors LLP, you can become a member and begin saving or borrowing immediately.

Apply online and select ‘Anthony Gold Solicitors’ from the list of employers when asked. Don’t forget to complete the payroll deduction part of the application and the amount you want to be deducted & saved every month. We will arrange the rest.

Who is eligible to join?

Credit union membership is now open to all Anthony Gold Solicitors staff, regardless of where you live and work.

If you are on the payroll and receive a regular salary, you can join and take advantage of salary deduction to save or borrow.

What are the advantages of salary deduction?

Saving or repaying your loan via salary deduction means you don’t even have to think about it—the money is deducted and put into your credit union account on payday. This keeps things easy for you, as it means there’s no risk of overspending before you’ve had the chance to put some money aside to save or of missing a loan repayment.

This also helps us to keep the costs of providing this service low, allowing us to pass savings onto you in the form of better rates and more generous lending criteria than would otherwise be possible.

What happens if I change employers?

If you move jobs while being a London Mutual Credit Union member, you can keep your account with us. If your new employer does not offer payroll deduction, you’ll still be able to save regularly or make your loan repayments via direct debit- just let us know.