We have joined with the London Capital Credit Union to offer a £20 savings account to all new secondary school starters - have you applied yet?

Credit Union

A Credit Union for Haringey

Haringey Council is working in partnership with London Capital Credit Union across the borough. The Credit Union is a savings and loans co-operative owned and controlled by its members. It offers easy ways to save and great value loans plus they are local and more ethical.

What is a Credit Union?

As a member of London Capital Credit Union you can now access a range of affordable financial products. As a member you will also own a share of the co-operative and will normally receive a dividend on your savings or a rebate on interest paid on your borrowings. The objectives of the Credit Union are to:

  • promote saving
  • offer low cost loans
  • deal with debt
  • educate members in the wise management of their money
  • reduce poverty

How do I join?

Anyone who lives, works or studies in Haringey, Barnet, Camden, City of London, Hackney or Islington can become a member of the Credit Union. You can join LCCU online (external link) or alternatively you can print off, fill out and return the membership form in the attached files section below and send to London Capital Credit Union at the following address:

  • London Capital Credit Union
    Jeremy Hopgood Rooms
    Caxton House
    129 St. John's Way
    London N19 3RQ

£20 savings account for all new Secondary School starters

As part of our commitment to supporting the borough’s families and encouraging responsible money management, we have joined with the London Capital Credit Union to offer every child starting secondary school in the borough this term a £20 savings account.

We want our children to be given the opportunity to learn about different financial options and how they will manage their money as they get older, and we are determined to help where we can.

By opening an account, your child will join up to 2,200 pupils across the borough getting into the savings habit early and learning about the pitfalls of risky and high-interest borrowing in later life.

We will put £20 into every Young Savers account opened, and the cash will be ‘locked in’ for two years to encourage pupils to add to their savings.

To claim your child’s £20, simply help them fill in the School Savers application form (PDF, 185KB), or contact London Capital Credit Union (external link) for further details.

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Attached Files

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