News

September 23, 2017

Armed Forces Covenant Bronze Award

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
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July 17, 2017

MARCH 2016 – New branch in Southwark

Tom Watson MP, Deputy Leader of the Labour Party, was the guest of honour at the opening of a new credit union branch in Walworth Road, Southwark, on Thursday 3rd March. The new London Mutual Credit Union branch is equipped with its own ATM service, five spacious counters and an iPad stand where members can join the credit union, apply for low cost loans and carry out other online transactions. Located in a busy high street, close to public transport
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July 17, 2017

OCTOBER 2015 – Launch of Credit Union Services for the British Armed Forces

15th October 2015 marks the launch of the provision of Credit Union Services for the British Armed Forces by the London Mutual Credit Union. London Mutual Credit Union is one of three credit unions in Britain selected by the Ministry of Defence to help Armed Forces personnel to save with and pay off loans from a credit union directly from their salary or pension. Significantly, in conjunction with this important event, Lance Sergeant Johnson Beharry VC has joined London Mutual
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July 17, 2017

SEPTEMBER 2015 – New lower-priced loan products

LMCU is pleased to announce that it has launched 2 new loan products for London Mutual Credit Union members who are in full-time employment. Available in two variants, Gold and Platinum, loans are being offered from £5000 to £15000. Successful applicants can borrow at 5.9% with a gold loan and at 6.9% with a platinum loan, over a term lasting 6 months to 60 months. Please see our loans page for further details on criteria and how to apply.
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July 17, 2017

JULY 2015 – New Lost & Stolen phone number

Please note that the lost and stolen phone number has now changed to 0345 603 8702. Calls to 0345 numbers cost the same as a call to a standard “01” or “02” landline number, even when calling from a mobile. Calls to an 0345 number are also included in any bundled minutes or free talk time that cavers landline calls. Where calls are made outside of a bundle you will be charged at local rate to ring 0345 number. For
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