Why are members claiming compensation from London Community Credit Union Ltd?
When London Community Credit Union Ltd collapsed in March 2024, the FSCS stepped in to compensate savers. Most members should have received their funds automatically, but not everyone has received the full amount, and some members may not be aware of their eligibility or the process.
You may still be entitled to compensation if:
- You didn’t receive your money
- You had a joint or business account
- You were holding funds on someone else’s behalf (e.g. as a carer, trustee, or organisation)
- You were abroad when the compensation was issued and missed the deadline
Background
- Incorporation Date: 9 March 2000
- FCA Authorisation Date: 1 December 2001
- FCA Firm Reference Number: 213743
- Status: In administration and declared in default
- Reason for Claims: Loss of access to savings after collapse
Who was involved?
Credit unions are typically managed by a board of volunteers or appointed officers. Individuals responsible for running London Community Credit Union Ltd during its operation would have been listed as directors or board members, though specific names are not typically listed in the FCA Register for credit unions.
How can we help?
We specialise in helping people recover money from failed financial institutions, including credit unions. If you’re unsure whether you’re entitled to compensation, we can check for you and manage your FSCS claim from start to finish.
How does it work?
- Free review: We check your eligibility at no cost
- No win, no fee: You only pay if we recover money for you
- End-to-end support: We manage everything, from evidence gathering to FSCS submission
Seek Claim Advice Today
Act now, time limits and deadlines may apply. If you were a member of London Community Credit Union Ltd and haven’t received compensation, or aren’t sure if you’re entitled, we can help.
Call 0800 041 8358 to speak to one of our claims advisers.
NB: Information for this page was gathered on 07/05/2025 from the FSCS, FCA Register, and Companies House, and is accurate to the best of our knowledge as of that date.
