Here to help GSTT employees make their money go further
Guy's and St Thomas' NHS Foundation Trust has partnered with London Mutual Credit Union to make salary-deducted savings and loans available to all its employees as an optional employee benefit.
Automatically save from your salary to build financial security while working varied shifts.
Resources to help you plan and track finances alongside hospital work.
Access funds to cover unexpected or unplanned costs.
Repay loans in a way that suits various pay patterns
About London Mutual Credit Union
London Mutual Credit Union is a member-owned financial co-operative, serving Londoners since 1982. We exist to help people to save,
borrow, and build financial wellbeing in a safe and supportive way.
Member-owned, not for profit
Authorised and regulated by the PRA and FCA
Payroll saving & repayment available for GSTT staff
Thousands of members working in Health, Hospital, NHS
What we offer
Fair, affordable borrowing for planned and unplanned expenses
- No early repayment fees
- Save as you repay
- Repayments directly from your GSTT salary.
Build a savings habit with automatic salary deduction
- Save as little as £10 a month
- Deducted each payday, so you don’t miss it.
- Access and withdraw your money via our mobile app
Buy or remortgage your home with competitive rates, in-house advice, and decisions made by people, not computers.
- No arrangement fees
- Free no-obligation mortgage advice
- Up to 80% LTV
How it works
Join online
It only takes a few minutes to become a member and to open your membership account
Choose how you'll use it
Choose how much to save each month, and, if you wish, apply for a loan at the same time
We'll set up payroll
We work with GSTT to arrange regular deductions from your salary
Save and repay - automatically
Your chosen amount comes straight from your pay each month and is automatically added to savings or used for loan repayments.
Explore the Money Gym
From managing bills to building better habits, the Money Gym is packed with practical tools and guidance to help you feel more in control of your money
Visit the Money Gym
Join the credit union for Guy’s & St Thomas NHS Trust staff
Become a London Mutual member and build savings and borrow affordably directly from your Guy's and St Thomas' NHS Foundation Trust salary.
Become a memberMoney tips & ideas
New to the UK, working in the NHS — and building credit With London Mutual
Arriving in London without a credit history, Azeez Dasaolu struggled to access loans and accounts. That all changed when, through his job at Guy’s and St Thomas’ Hospital, he joined London Mutual Credit Union.
London’s housing crisis just got a new solution: credit union mortgages
London Mutual Credit Union has become the first UK credit union in over 25 years to offer mortgages, bringing community banking principles to London's brutal housing market.
A fairer alternative when mainstream lenders say no
When banks say no, families often pay more for credit. There's a fairer way to borrow when life gets expensive.
Apply for a loan without damaging your credit score
Worried that applying for a loan might hurt your credit score? With our soft search approach, you can apply completely risk-free.
Are you getting paid enough? Understanding your rights under minimum wage
More than half a million UK workers are being paid less than minimum wage. Many don't realise it. Here's how to check you're getting what you're owed.
County Court Judgements (CCJs): what they mean and how to deal with them
A County Court Judgement can seriously affect your financial options, but understanding your rights and taking prompt action can limit the long-term damage.
How Family Saver loans work: your step-by-step guide
Family Saver loans let you borrow what you need today while automatically building savings for tomorrow. Here's exactly how it works.
London Mutual Credit Union shortlisted for financial innovation award
Two of London Mutual's products have been shortlisted for awards which recognise innovation in financial services