Common bond

Admission to East London Credit Union is restricted to persons who fall within an appropriate common bond, as follows:

An individual who resides or is employed in the London Boroughs of Waltham Forest, Redbridge, Newham, Haringey, Hackney, Enfield or the Epping Forest District of Essex.

An individual who is a member of the same household as, and is a relative of, an individual who is  a member of the credit union and falls directly within a common bond specified above.

An individual who is associated with other individuals through:

  • Attending a recognised place of worship in the London Boroughs of Waltham Forest, Redbridge, Newham, Haringey, Hackney, Enfield or the Epping Forest District of Essex
  • Attending a recognised place of study in the London Boroughs of Waltham Forest, Redbridge, Newham, Haringey, Hackney, Enfield or the Epping Forest District of Essex

An individual who is a member of the following group of bona fide organisations: Charities, community organisations and other non-profit agencies with a base in the London Boroughs of Waltham Forest, Redbridge, Newham, Haringey, Hackney, Enfield or the Epping Forest District of Essex.

A corporate body, an individual in his/her capacity as a partner in a partnership, an individual in his/her capacity as an officer or a member of the governing body of an unincorporated association, if the body corporate, partnership or unincorporated association is:

  • A member of one of the above bona fide organisation
  • Associated with other individuals and corporate in the way set out above

A corporate body, an individual in his/her capacity as a partner in a partnership, an individual in his/her capacity as an officer or a member of the governing body of an unincorporated association, if the body corporate, partnership or unincorporated association has:

  • A place of business in the above locality
  • The following significant connection with the above locality: registered social landlord providing homes in the London Boroughs of Waltham Forest, Redbridge, Newham, Haringey, Hackney, Enfield or the Epping Forest District of Essex.