Membership also rose, by 0.8% – around 18,000 people – to 2.29 million members
Bank of England
All Bank of England news articles
Show filtersUK regulators promise reforms to help grow financial mutuals sector
Pledges include a review of credit union law and the launch of a Mutual Societies Development…
British credit unions continue growth, Bank of England figures show
Analysts say the data reflects a need for affordable finance alternatives as the cost-of-living crisis continues…
UK credit union sector hits record income for 2023
The growth has been attributed to the decline of payday lenders and demand for affordable loans…
UK credit union membership grows 2.3% to reach all-time high
'This annual data shows that credit unions across Britain have stepped up to serve the needs…
