Company Information

Get to know north london credit union

North London Credit Union (NLCU) is a financial cooperative dedicated to serving its members. Originally established in 1994 as the 'Islington Council Employees Credit Union', it has since expanded its common bond to serve a wider community. As a not-for-profit organisation, its mission is to promote thrift by providing a safe and convenient place for members to save money and to offer access to affordable credit at fair interest rates. All profits are reinvested into the credit union to benefit members and the local community, rather than being paid out to external shareholders.

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Financial BankingPRIMARY
Financial Other Service

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north london credit union

United Kingdom

Founded in

1994 (32 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.