Crownsavers exists to encourage savings and provide access to low interest borrowing, enabling its members to save and prosper whilst promoting the ideas and ideals of financial co-operation within organisations in the Borough of Lewisham.
Lewisham Employees’ Credit Union (Crownsavers) has been providing its services for 18 years. It was founded in July 1997 with the full support and a small grant from Lewisham Council to enable the Credit Union to offer an additional benefit to it’s employees, at the start the Credit Union was open just to those employees working for the Council.
The Credit Union officially extended its common bond a few years later to include Lewisham University Hospital and Lewisham College. In 2009 the credit union again extended its common bond to everyone employed in the London Borough of Lewisham.
Crownsavers now operates successfully, with current active membership of 1500 that includes growing family and junior account holders, members asset of over £1.8m and a loan portfolio of £1.4m.
Lewisham + Bromley Credit Union) and Crownsavers Credit Union Limited, In 2023 Merged. The new, combined credit union will have over 16,500 members, including over 1,400 junior savers and 53 corporate members Five local branches, in Catford, New Cross, South Lewisham, St Paul’s Cray, and Sydenham. Total savings of more than £15.8m and total loans of more than £8.2m. 17 employer payroll partnerships, with organisations including London Borough of Lewisham, and Lewisham and Greenwich NHS Trust.
News and Clips HERE
Want to find out more?
Visit the Crownsavers Credit Union website, or get in touch with their team:
Telephone – 0208 698 2996
Email – info@crownsavers.co.uk
Copyright British Credit Union Historical Society 2018 – All rights reserved
British Credit Union Historical Society 