North London Credit Union is a not–for-profit financial co-operative established in 1994. We are owned and controlled by our members, managed and staffed by local people and have a strong voluntary element.
We believe that everyone deserves appropriate, fair financial products that meet their needs and improve their financial well-being.
Our Values: ethical; fair and secure
Ethical: We aim to provide financial services that meet the needs and expectations of our members, with integrity and in a professional manner.
Fair: We strive to treat our members as individuals and to treat everyone with respect; regardless of income or background.
Secure: North London Credit Union Limited is a not-for-profit financial cooperative, run and controlled by its members. We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Members’ deposits are covered by the Financial Services Compensation Scheme (FSCS). Our Registered Office is 3 George Mews, Enfield, Middlesex, EN2 6JA and our registration number is 213809.
We work in partnership with any reputable organisation that shares our outlook, in order to promote good financial practice as widely as possible.
We are a proud member of the largest trade body for credit unions in the UK, the Association of British Credit Unions (ABCUL).
We are led by an independent, elected, voluntary Board of Directors
Directors set the strategy for the Credit Union and have overall responsibility for deciding the long-term objectives of the credit union, approving policy and mitigating risk.
We are monitored by an elected Supervisory Committee
Providing the internal audit function for the credit union, the Supervisory Committee ensures that the organisation is being run in the best interests of its members through regular planned and unscheduled visits.
Credit unions are owned by our members, who can have their say in how we are run
As a cooperative, each member is an owner of the Credit Union and has the opportunity to attend and vote at our Annual General Meeting (AGM).
We publish our Annual Accounts and Reports
Credit unions are open, transparent organisations, run by and for their members and as such, we make our performance figures, aims and objectives available to public view.
Here you can find our latest annual reports and accounts, so that you can see how we are performing. Please feel free to contact us should you have any questions or comments: email@example.com