London Capital Credit Union
savings and loans co-operative, based in Archway

London Capital Credit Union Limited is a not-for-profit member-owned financial co-operative, based in Archway and operating across London and the South East.
Founded in 1997, by 2025, the credit union had over 20,000 members.
History
Islington Council Employees Credit Union was originally established in 1997, to provide secure savings and low cost flexible loans for employees of Islington Council. It became Islington and City Credit Union in 2007, briefly Haringey, Islington and City Credit Union (with the support of Haringey Council) in 2011 and finally adopted the current name, broadening its catchment to include Barnet, Brent, Camden, City of London, Enfield, Hackney, Haringey, Islington & Waltham Forest .
One of Britain's first registered credit unions, Hornsey Co-operative Credit Union and the neighbouring North West London Credit Union transferred engagements in 2013, followed by the smaller Radio Taxicabs Credit Union in 2014.
David Lammy, Labour member of Parliament for Tottenham, was signed into membership in 2014, followed by Dave Prentis, General Secretary of the public service trade union, UNISON (then President of Unity Trust Bank and a non-executive director of the Bank of England). UNISON's registered charity, There for You, has been working in partnership with the credit union since 2013.
In 2015, a merger with the small Rainbow Credit Union for Co-operative members and employees in London and the South East proved impractical; it was placed into administration and ceased trading on 14 September. Notable for being one of the first credit unions to lend money to businesses, the neighbouring North London Credit Union transferred engagements in 2023.
Activities
The credit union promotes thrift by the accumulation of savings, creating sources of credit at a fair and reasonable rate of interest by using savings for the mutual benefit.
“London Capital Credit Union” enters the record as savings and loans co-operative, based in Archway. Crown Archives preserves that source wording while asking what London, Capital and Credit can confirm, complicate or overturn.
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Named sources, stable identifiers and responsible institutions provide the strongest route from overview to verifiable evidence. The source revision retrieved here is dated Jul 21, 2026. The linked authority identifier is Q18636321. 2 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 1997, 2025, 2007 and 2011.
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This entry incorporates text from “London Capital Credit Union” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.