Can I pay my credit union loan online?
There are many ways you can pay / take money Out of the Credit Union. Online from your bank or building society account: You can now have access to your Credit Union Plus online, you can transfer money, pay bills, and view your accounts.
How much money are you allowed to save in the credit union?
Fully Licensed and Protected
Eligible customer deposits with London Mutual Credit Union are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits that customers hold above the £85,000 limit are not covered.
How much dividends do credit unions pay?
Dividends. Your credit union may declare a dividend at the end of each year. The maximum dividend is currently 10%.
How do I log into my credit union account?
You will be asked to key in the following information on your application:
- Create a username (numbers or combination of numbers and letters)
- Enter your Credit Union account number.
- Enter your name as it appears on your account.
- Enter your date of birth.
- Enter your contact telephone number.
- Enter your Email address.