London Community Credit Union
London Community Credit Union is a financial institution based in London, England. They specialize in providing financial services to their members, including credit unions and federal credit unions. Their mission is to help their members achieve their financial goals through personalized and affordable services. London Community Credit Union is committed to providing high-quality financial services that are accessible to everyone in the community.
Introduction to London Community Credit Union
London Community Credit Union is a financial services company that has been serving the London community for over 30 years. They were established to provide affordable financial services to people who have difficulty accessing traditional banking services. What makes this company unique is that it is a credit union, which means that it is owned and controlled by its members. This allows the credit union to prioritize the needs of its members over profits.Services & products
London Community Credit Union offers a range of financial services to its members, including savings accounts, loans, and mortgages. They also offer a prepaid debit card and a budgeting account to help members manage their money better. Members can apply for loans online or in person, and the credit union offers competitive interest rates.Location
London Community Credit Union is located in the Bethnal Green area of London. The area is known for its diverse community, with many small businesses and independent shops. It is also home to a number of restaurants and cafes, making it a popular destination for locals and tourists alike. The credit union is located close to public transportation options, including the Bethnal Green Tube Station, which is just a few minutes' walk away. Other nearby options include the Cambridge Heath Rail Station and the Bethnal Green Overground Station.Benefits
One of the main benefits of choosing London Community Credit Union is that it is a member-owned organization. This means that the credit union is focused on serving the needs of its members rather than making a profit. They offer competitive interest rates on loans and savings accounts, and members have access to a range of financial services. Additionally, the credit union is committed to providing financial education to its members to help them make informed decisions about their finances.Good to know
Customers should be aware that London Community Credit Union is a credit union and not a traditional bank. This means that they have different regulations and policies in place, and members may need to meet certain eligibility requirements to join.Reviews
Customers have praised London Community Credit Union for its friendly and helpful staff, as well as its competitive interest rates and range of financial services. Some have noted that the credit union's online banking platform could be more user-friendly, but overall, customers have had positive experiences with the company.Amenities
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atm -
online banking
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mobile banking
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loan services
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credit card services
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bill payment services
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savings account
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checking account
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money transfer services
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online bill pay
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online statements
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financial education
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secure login
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24-hour member support
FAQ
What types of loans and credit services are offered by your federal credit union?
We offer a variety of loans, including personal loans, auto loans, and home loans. We also offer credit cards and lines of credit.What are the eligibility requirements for becoming a member of your federal credit union?
To become a member, you must live, work, worship, or attend school in our designated community. You must also meet our membership criteria, which includes completing a membership application and opening a savings account with a minimum deposit.What interest rates do you offer on savings accounts and loans?
Our interest rates vary depending on the type of savings account or loan. We offer competitive rates that are designed to help our members save money and achieve their financial goals.Can you explain the eligibility requirements for becoming a member of your credit union?
To become a member, you must meet our membership criteria, which includes living, working, worshiping, or attending school in our designated community. You must also complete a membership application and open a savings account with a minimum deposit.What fees do you charge for your services and how do they compare to other credit unions and banks?
We strive to keep our fees as low as possible to benefit our members. Our fees vary depending on the service, but we are committed to offering competitive rates and fees compared to other credit unions and banks. We encourage our members to review our fee schedule and contact us with any questions or concerns.Reviews
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mr 2tone
never answer the phone
26-05-2022
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Curl
26-05-2022
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William Argent
26-05-2022
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Jan Webber
Really fed up with constant website issues. Yet again, their site seems to be down with no email to customers informing them of this. I need to transfer some money to my pre-paid card (still waiting for a card linked to my account) for tomorrow before I start work, only to find that I cannot access the LCCU website. Google states that the site cannot be found. Just wanted to add to my previous review. I Now have a new Debit Card, issued at the end of October and have had all manner of issues with it when shopping on-line as some companies don't recognise the card at all. Last week when trying to pay an on-line bill, the payment wouldn't go through and I ended up making 5 attempts. Later that evening, I received 5 texts from LCCU stating that the funds had been taken out of my account 5 TIMES! and It almost emptied my current account. I had to take time off from work the following day just so I could go to the Bank to sort it out because THEY NEVER ANSWER THE PHONE. Just to add to my previous post from 4 months ago (It's now April 2019). The website seems to be down..again, I am unable to access on-line banking and need to make a money transfer. Phone is saying mailbox full..What is this?, why does a bank even have a mailbox. Not at all happy. Also noticed the LCCU only respond to positive comments and don't even attempt to answer for the shoddy service they provide. The previous post was added in 2019 , it is now August 2020. Money taken from my account by Amazon for a cancelled order was refunded straight away, this was on 13th August, it is now 24th August and LCCU still haven't put the money back into my account. I have made countless calls (when they answer the phone) only to be told the money isn't there. Received an email from Amazon giving the authorisation code of the refund transaction and yet LCCU still can't find it. Had just about enough of this joke of a place. If it wasn't for the fact I have a loan with them, I would leave today. As soon as my loan is paid up. I will be transferring my money to a real Bank and closing my account with LCCU.
26-05-2022
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michael mcfarland
Absolutely useless they have no idea on how to run cu thier rude and when u speak to staff they ignore you
26-05-2021
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M M
Very rude and unhelpful staff
26-05-2021
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Ella Bunch
What you get for £10 each month: -disappointing online banking system, -faster payments arriving with a 1day delay (even in between 2 members), - Improved fitness if you choose to walk to the branch instead of using public transport as nobody ever answers phone calls in there which means having to go there in person with every single thing. I think it’s a great idea but the execution is ridiculously bad so will be moving to the cooperative Bank soon.
26-05-2021
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Busy Lizzie
Never had a problem with credit union very sad our Roman branch closed as everyone one who worked their were wonderful
26-05-2020
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Mercy God's child
Never had any issue with them , therefore 5 star.
26-05-2020
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Mal Andz
Just called to enquire with regards to online banking. The phone has been put diem on me FIVE TIMES! Your opening hours are from 10am.it is now 10.39. ANSWER THE PHONES YOU ARE AT WORK NOW. Terrible service.
26-05-2020
