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In 2012, with its dedicated volunteers and directors getting older, the board approached London
Capital Credit Union with a view to merger. The credit union had become semi-dormant, with only one active loan on the books, although it had excellent reserves. In 2013, after 49 years of independent
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trading, the remaining 250 members of the credit union voted to transfer engagements. In 2014, Elaine
Greaves, daughter of one of the founding fathers, was co-opted on to the board of London Capital continuing the family's involvement in the credit union movement.
104:. Originally an informal savings club, it was registered in 1964, 15 years before credit unions gained legal structure in Great Britain under the Credit Unions Act 1979. By the time of its first Annual General Meeting, it had grown to over 100 members.
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Hornsey Co-operative Credit Union was set up by 10 members of the Ferme Park
Baptist church unable to get credit from the banks and who were familiar with credit unions in their native Jamaica, including Bentley Hines, Blair Greaves and
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Notice of
Cancellation pursuant to section 16 of the Industrial and Provident Societies Act 1965 and section 2 (4) of the Credit Unions Act 1979
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Notice of
Cancellation pursuant to section 16 of the Industrial and Provident Societies Act 1965 and section 2 (4) of the Credit Unions Act 1979
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in 1984. Wimbledon Credit Union was wound up in 2005, leaving
Hornsey Co-operative as the oldest surviving credit union in the UK.
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c. 39). In 1967, along with other West Indian credit unions, it formed the Credit Union League of Great
Britain; this became the
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Your savings are protected – FSCS congratulates members celebrating 50 years of UK credit union movement
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and PRA. Ultimately, like the banks and building societies, members’ savings were protected against
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six days earlier, however, Hornsey Co-operative was the first credit union to register under the
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Credit Union News, Vol. 16 No. 1, Association of
British Credit Unions, March 2014
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Financial
Services Compensation Scheme, Media Information, 22 February 2014
77:, now part of the London Borough of Haringey, in 1964. One of the earliest
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London
Capital Credit Union, Newsletter Issue 8, Summer/ Autumn 2012/13
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London Capital Credit Union, Newsletter Issue 7, Winter/ Spring 2012/13
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ABCUL marks the 50th anniversary of the first credit union in Britain
186:"Credit unions: financial lifeline for UK communities comes of age"
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Separately, Wimbledon Credit Union had been incorporated under the
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Credit unions: financial lifeline for UK communities comes of age
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Hornsey (FIA) Co-operative Credit Union was authorised by the
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Credit union's 18-month fight to get its £60k out of Barclays
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269:London Gazette, No. 48550 (p. 3507), 11 March 1981
67:Hornsey (FIA) Co-operative Credit Union Limited
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330:British Credit Union Historical Society, 2018
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113:Industrial and Provident Societies Act 1893
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73:, established in the Municipal Borough of
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257:London Gazette, No. 57624, 26 April 2005
57:26 Drylands Road, Hornsey, London N8 9HN
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145:Financial Services Compensation Scheme
81:in the United Kingdom, it merged with
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611:Association of British Credit Unions
349:Association of British Credit Unions
236:50 years of credit unions in Britain
121:Association of British Credit Unions
645:Credit unions of the United Kingdom
385:Credit unions in the United Kingdom
306:Islington Tribune, 27 February 2015
161:Credit unions in the United Kingdom
623:Ulster Federation of Credit Unions
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291:Welcome to New Members in Hornsey
20:Hornsey Co-operative Credit Union
226:Co-operative News, 26 March 2014
45:Industrial and Provident Society
133:Prudential Regulation Authority
16:Credit union in London, England
36:2013 (transfer of engagements)
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617:Irish League of Credit Unions
166:British co-operative movement
655:Banks disestablished in 2013
344:London Capital Credit Union
328:London Capital Credit Union
316:Expanding Your Credit Union
137:Financial Conduct Authority
83:London Capital Credit Union
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213:The Guardian, 5 April 2014
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650:Banks established in 1964
409:Eastern Savings and Loans
95:History of credit unions
69:was a savings and loans
570:District of Canterbury
135:and regulated by the
580:Hornsey Co-operative
506:National Fire Savers
535:Police Credit Union
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241:2015-02-21 at the
109:Companies Act 1948
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117:56 & 57 Vict.
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194:. Retrieved
192:. 2014-04-05
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531:Plane Saver
480:Changemaker
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439:London Plus
102:Basil Lewis
639:Categories
539:retailCURe
526:Penny Post
472:Industrial
462:White Rose
449:Thamesbank
414:Leeds City
196:2022-11-15
172:References
127:Activities
93:See also:
563:Dissolved
554:TCU Money
491:1st Class
404:The Co-op
392:Community
85:in 2013.
33:Dissolved
399:Commsave
239:Archived
155:See also
51:Location
660:Hornsey
143:by the
89:History
75:Hornsey
25:Founded
496:Unity
625:(NI)
619:(NI)
613:(GB)
549:SCVO
501:NFRN
41:Type
28:1964
544:RMT
521:PCS
511:NHS
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