We use necessary cookies to make our site work (for example, to manage your session). We’d also like to use some non-essential cookies (including third-party cookies) to help us improve the site. By clicking ‘Accept recommended settings’ on this banner, you accept our use of optional cookies.
Necessary cookies
Analytics cookies
Yes
Yes
Yes
No
Necessary cookies
Necessary cookies enable core functionality on our website such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.
Analytics cookies
We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. For more information on how these cookies work please see our Cookie policy.
The credit union quarterly statistics are statistics aggregated from the quarterly (CQ) returns submitted by authorised credit unions in the United Kingdom.
Published on
30 October 2020
Key points from the data
In 2020 Q2 loans to members decreased in every region, and by 5.9% across the UK overall when compared to 2020 Q1. The total loan amount fell back below £1.6bn for the first time since 2019 Q1.
Total liquid assets increased by 20.4% over 2020 Q1 across the UK, up to £1.2bn, with the largest increase occurring in England which saw a 31.2% rise.
Total UK value of net liabilities in arrears increased by 20.5% whilst the number of net liabilities in arrears rose by 5.0%. This led to a 14.8% rise in the average net liability in arrears, now £1,528.
Total UK value of net liabilities in arrears as a percentage of loans to members rose to 7.2%.
