Dear Member We are writing to update you on our early repayment fees. Most LCCU borrowers repay their loan on the timeline set out in the loan agreement. A small number, however, experience a change in circumstances and choose to settle the full balance earlier than scheduled. For anyone who repays the full loan balance within 180 days of disbursement, then an early redemption fee of £50 (fifty only) will be charged at
Full Job Description To act as administrator to a range of Board and Committee meetings, minuting the meetings, arranging refreshments and performing associated administrative tasks, thus ensuring LCCU governance operates effectively and efficiently. To arrange for the delivery of virtual meetings with the associated technological support. To provide complete business support service to the London Community Credit Union Board, in accordance with corporate and statutory requirements. Gathering and maintaining accurate information of actions, correspondence, issues and
Dear Members,    We are writing to provide an update on our Dormancy fee.    At credit union If a period of 12 months passes without any transactions on the account of a Member (or on any of their accounts if they have more than one), the credit union may declare that the account has become dormant and charge an administration fee.   This fee will be raised from £5 to £10 from 6 October 2022. The
Dear Members  Come along to an event to mark the launch of Newham’s first Ageing Well Strategy, find out about our services and activities to help you age well, and get involved in shaping services. Mature Money Employment opportunities, finance support, volunteering and retirement. Wednesday 13th July 2022 3-7pm 88 Highways Vineyard Church, Romford Road, E15 4EH Find more information here
Dear Members   We are writing to update you on our loan rates.   From Wednesday June 8 our new rates will be as follows:    Regular Loan  Monthly rate %      Annual rate %          APR  £1 –      £2000          3%              36%        
Coronavirus mask wearers o London tube
People living in London and around the UK now have a cautious sense of optimism that we may be past the worst of the Covid-19. Two years since the pandemic began, however, the changes facing UK households and companies have caused significant pressure. For many community groups, particularly credit unions, these have been felt acutely. The board and management of LCCU have taken several steps including cutting costs, seeking to renegotiate contracts and increase income in order