Credit union quarterly statistics - 2016 Q4

The credit union quarterly statistics are statistics aggregated from the quarterly (CQ) returns submitted by authorised credit unions in the United Kingdom.
Published on 28 April 2017

The statistics provide a breakdown of the balance sheet, income statement, membership and loans. The figures are reported at a UK level and split to show aggregated values for England, Northern Ireland, Scotland and Wales.

Key points from the data to the end of December 2016 include:

  • While the figure for total assets remains above £3 billion there has been a decrease of over £7.5 million in Wales and £16.2 million in England;
  • There has been a drop in income in all countries and a subsequent increase in expenditure in all countries bar England. This has resulted in a drop in interim profit for the sector as a whole of 32%;
  • Electronic reporting came into effect for Credit Unions on 31/12/2016; therefore this is the first quarter’s data being published that has come from electronic submissions.

Excel Credit union quarterly statistics - 2016 Q4

Next release date: 31 August 2017

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