North London Credit Union Limited was a not-for-profit member-owned financial co-operative, based in Enfield Town and operating in the north London boroughs of Enfield, Barnet, Haringey, Waltham Forest and southern Hertfordshire.
Notable for being one of the first credit unions to lend money to businesses, North London Enterprise Club Credit Union was formed for members of the North London Enterprise Club in 1994.
[1] A member of the Association of British Credit Unions Limited,[2] registered under the Industrial and Provident Societies Acts, North London Credit Union was authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA.
Ultimately, like the banks and building societies, members' savings were protected against business failure by the Financial Services Compensation Scheme.
[3] In 2022, the directors approached the larger, stronger London Capital Credit Union with a view to merger.