Southwark Credit Union

read moreIntroducing Salaryflex - a flexible overdraft built around your salary, from a lender you can trust. What are child benefit loans and family saver loans? Child benefit loans with London Mutual Credit Union allow you to borrow up to 600 towards one-off costs when you pay your child benefit into a membership account. As we want to help our members grow their finances, . Family life is full of the unexpected. That's why, when you arrange to have child benefit paid into a credit union account, you'll be eligible to borrow up to 600 (up to 1,200 possible on future loans) towards a childcare deposit, school uniforms or other one-off costs.

read moreBecause Salaryflex is deducted from your salary, you need to be employed by a participating organisation to apply. If you don't see your employer listed here, unfortunately we can't offer you a Salaryflex account. However, if you live or work in Lambeth, Southwark, Westminster or Camden, are in HM Forces, are a health or education professional in Greater London, you may still be eligible to join us and to apply for one of our other loan products. Salaryflex is available to staff at over 25+ NHS Trusts, local authorities and other local organisations, as well as members of the armed forces across the UK.

read moreWhether it's a loan to buy a new car, home improvement loans for that project you've been putting off, dealing with life's emergencies or combining your other debts into one monthly payment, we are all about delivering great service and low rates for the times when you need to borrow. Current members can apply for a loan at any time. Assuming you live within our common bond and are eligible to join, it is also possible to become a member at the same time as you apply for a loan. Certain products and promotions are only open to those who have been a member for a certain period of time, have a certain amount saved with us, or who are signed up for payroll deduction.

read moreAs a credit union, being a good neighbour and making a positive contribution isn't just a nice add-on or ‘good PR'-it goes to the heart of why we exist. We want our credit union to be part of building vibrant, prosperous and empowered communities. For us, that means providing people with tools to take control of their financial futures, including guidance, support to save, and access to affordable credit that gives them the chance to fulfil their potential. Since 2004 we've worked to support financial education in over a dozen local schools.

read morePutting something aside regularly for a rainy day isn't just a good habit. It's also about building financial independence, so that when opportunity knocks, or the worst happens, you know you'll be ready. As a credit union, we're all about helping you get into financial shape. That's why, whatever your situation, we make it easy for you to save, so you can enjoy more good times and fewer sleepless nights. When you become a member, you automatically receive a membership account, which you can use to save.

read moreIt's easier than ever to manage your credit union accounts via our improved mobile app and online banking tools. To get started, download the app onto your phone or device.