Savings that suit you

Our partnership with the Ministry of Defence ensures that, as a serving member of the Armed Forces, you can contribute directly from your salary or pension into your Credit Union savings account.

Membership account

Every credit union account opened with us includes a Membership Account. This is your main credit union account, and will be the one into which any dividends are paid.

If you decide to take out a loan, it will be attached to money in this account. To remain a member of the credit union, you’ll also need to keep £5 in your Membership Account at all times.

Christmas account

Make saving easy and plan your Christmas in advance with this account. Save from January to December, and use your savings to cover Christmas expenses.

The money is locked up for the 12 months and we will not encourage you to withdraw. Dividends are not paid on Christmas accounts.

Holiday savings

Whether it’s the trip of a lifetime or you’re in need of some sun, get holiday planning  underway withour Holiday Savings Account. Save as much as you want and as and when you want.

As with Christmas accounts, we’re unable to pay dividends on Holiday Savings Accounts.

Ready for an account? Becoming a member of London Mutual Credit Union is the first step.
It takes just a few minutes to set up.

Safe and secure

London Mutual is a fully licensed credit union, regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), just like a bank. Every account is protected by the Financial Services Compensation Scheme (FSCS), up to the value of £85,000.

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