Twenty years ago today, on 11th December 2000, London Community Credit Union welcomed its first members at its new branch in Roman Road, Bow.
We were known as Tower Hamlets Community Credit Union then before the growth in membership and the places we serve turned us into LCCU.
Today, as we celebrate our 20th birthday, we operate across seven London boroughs with branches in Poplar, Bethnal Green, Hackney and Stratford. We have over 16,000 active members and the loan book is worth nearly £10m.
As a credit union we have only been able to grow and prosper with the backing of our members – so we thank you today for your support through saving and taking out loans.
We have also worked in partnership with local authorities, businesses, housing providers and charities to serve the community.
Over the past 20 years we have been pleased to help over 45,000 local people, providing loans worth over £60m.
Many of the people who joined us on day one are still members of the credit union. And some of the directors on our board have been with us since the earliest days, volunteering countless hours to help drive the credit union forward. We would like to thank them too.
In this short film, Peter Edwards, chief executive, tells our story.