Credit union quarterly statistics - 2024 Q2

The credit union quarterly statistics are statistics aggregated from the quarterly (CQ) returns submitted by authorised credit unions in the United Kingdom.
Published on 31 October 2024

Key points from the data:

  • Total income rebounded after falling in 2024 Q1, growing by 8.17% to £103.30 million in Q2. Interim profit/loss increased by 4.70% to £16.22 million over the same period. 
  • The total value of net liabilities in arrears rose by 9.46% quarter-on-quarter, passing the £200 million mark for the first time (£201.44 million). 
  • The total number of net liabilities in arrears increased 4.20% to 82,621 in Q2.  
  • The number of loans to members grew for the 13th consecutive quarter, increasing by 2.25% to 2.59 billion in 2024 Q2. 

Next release date: 31 January 2025