House of Commons: Credit Unions:Written question - 13516

Asked by Gareth Thomas
(Harrow West)
Asked on: 26 October 2015
House of Commons Commission
House of Commons: Credit Unions
To ask the Rt. hon. Member for Carshalton and Wallington representing the House of Commons Commission, what steps he is taking to promote the use of credit unions in the work of the House of Commons Commission; and if he will make a statement.
Answered by: Tom Brake
Answered on: 02 November 2015

Since March 2013 staff and Members of both Houses have been able to access financial support and advice on managing their personal finances from London Mutual Credit Union (LMCU). In addition they also offer financial products such as savings and loans which can be deducted directly from employees’ salaries via payroll, and for Members via IPSA. In November 2013, the facility with LMCU was formally launched at a reception held by Mr Speaker.

LMCU is promoted on the Parliamentary intranet, in the House of Commons Staff Handbook and at new staff inductions. LMCU also have a presence at the annual Wellbeing Day.

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