Moor Co-operative Savings and Credit Union (established 1988) in 2002. More recently, White Rose Credit Union (established 1997 and incorporating the engagements of United Stream Credit Union) transferred in 2014. Activities Registered under the Industrial and Provident Societies Acts, Leeds City Credit Union is governed by a volunteer board of directors who are elected at the Annual General Meeting. It has branches in Armley, Merrion House Leeds, Middleton, Kirkgate, Dewsbury Road and Seacroft. In 2014, it extended its reach to cover Wakefield where it has branches in the WDH City Centre Hub and the library building in Hemsworth. In June 2015, Leeds City Council teamed up with the credit union to as part of a scheme to tackle empty homes. Leeds City Credit Union also has two other customer facing outlets named 'Your Loan Shop'. For August and September 2014, Your Loan Shop had 364 visits in person and 118 web enquiries, resulting in 103 loans being issued to the value of £87,718. In August 2015, Your Loan Shop celebrated its first birthday by announcing it has helped over 600 people in Leeds and saved the people of Leeds approximately a quarter of a million pounds in higher interest charges compared to other loan shop lenders. Membership of Leeds City Credit Union is restricted by common bond to individuals living or working in the cities of Leeds, Wakefield, the London Borough of Barking & Dagenham and Harrogate where it continues to trade under the White Rose name in partnership with Harrogate Borough Council. Residents of certain housing associations and staff of select employers are also eligible to join. Products Leeds City Credit Union runs a payroll deduction savings and loans scheme in conjunction with Leeds City Council and select local employers. The credit union is responsible for the operation of the scheme, with the employer facilitating monthly deductions from salary. A payment card, accepted at Post Office and PayPoint outlets, can also be issued to members on request. Credit unions do not pay a fixed rate of interest on savings balances. Instead, they distribute any trading surplus to members in the form of an annual dividend calculated on average savings or as a rebate of loan interest paid. Leeds City Credit Union is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and PRA. Ultimately, like the banks and building societies, members' savings are protected against