In a recent report, the Financial Conduct Authority (FCA) has called for improvements in credit union legislation, to enable them to provide even more affordable loans in competition to high-cost pay day and door step lenders.
Chris Smyth, Chief Executive of Leeds Credit Union, one of the UK’s largest with 36,000 members, commented; “Credit unions, by a margin of hundreds of millions of pounds, are the most active and sustainable providers of affordable credit to those who borrow from expensive alternatives, such as door step and payday loan companies. Leeds Credit Union has been at the forefront of calling for improvements to credit union legislation to allow us to expand further and play a bigger role in disrupting high-cost credit.”
Leeds City Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN 213369).
Tel: (0113) 242 3343 Email: firstname.lastname@example.org
Registered Office: Leeds City Credit Union Ltd, 2nd Floor Westminster Buildings, 31 New York Street, Leeds LS2 7DT
Site by Shaw, Edinburgh
© Leeds City Credit Union 2018
The new Leeds City Credit Union Online banking launched on the 20 July. This means that the first time you log on you will need to set up with the new system as the details for the previous online banking will not work.PLEASE NOTE: If you have recently signed up to the Leeds Credit Union app, please use the log in details you have set up for that.
To go to the online banking page click here