Separately, Wimbledon Credit Union had been incorporated under the Companies Act 1948 six days earlier, however, Hornsey Co-operative was the first credit union to register under the Industrial and Provident Societies Act 1893 (56 & 57 Vict.
[6] Ultimately, like the banks and building societies, members’ savings were protected against business failure by the Financial Services Compensation Scheme.
[7] In 2012, with its dedicated volunteers and directors getting older, the board approached London Capital Credit Union with a view to merger.
[9] In 2013, after 49 years of independent trading, the remaining 250 members of the credit union voted to transfer engagements.
[10] In 2014, Elaine Greaves, daughter of one of the founding fathers, was co-opted on to the board of London Capital continuing the family's involvement in the credit union movement.