Was founded in 1992 and since opening in1992 has grown every year now serves more than 10,000 adult members and more than 1,500 junior savers. They were formerly known as ACTS CU Ltd and merged with Deptford and New Cross Credit Union Ltd in 2010.
Anyone who lives or works in the London Boroughs of Lewisham or Bromley or in the SE19 post code can join. Any staff or residents of Lewisham Homes and Phoenix Community Housing Association can also join.
In 2017 The credit Union celebrated the 25th AGM that was held at The Grove Centre Church in Sydenham, which is the same venue at which the credit union was launched in 1992, with the support of the then-Mayor of Lewisham Jim Dowd, now the Member of Parliament for Lewisham West.
At the Annual General Meeting the current Mayor of Lewisham Sir Steve Bullock with Lewisham Plus Credit Union President Frank Whittle was there to congratulate the credit union on its 25 years’ service to the local community and to present long service awards to five of the founder members. The credit union is planning more special events for different parts of the community throughout the year.
In October 2017 “A Matter of Life and Debt” has been an uplifting and positive TV documentary series exploring the important and life changing work carried out by credit unions up and down the country. The Credit Union was very pleased to have been selected for the BBC One series featuring the good work of the credit union sector and how members are supported to manage their finances in the wake of welfare reform and a tightening in the credit market. It was also great news that the jubilee year could be celebrated with this great exposure with founding members Frank Whittle, Liam Carlisle, Lisa Treece and Paul Treece. Who are still heavily involved with the credit union and feature in the documentary
The Credit Union received a share of £9.5m of National Lottery funding to help its community recover from the impacts of the Covid-19 pandemic. The £75,000 grant was awarded through the Covid-19 Community-Led Organisations Recovery Scheme (CCLORS). The scheme is led by independent trust Power to Change in partnership with Locality, The Ubele Initiative and Social Investment Business, and was part of The National Lottery Community Fund’s Coronavirus Community Support Fund, that launched in May 2020.
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