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.
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