Credit union annual statistics - 2022

The credit union annual statistics are statistics aggregated from the annual (CY) returns submitted by authorised credit unions in the United Kingdom.
Published on 31 July 2023

Key points from the data include:

  • The total membership grew 2.3% in 2022 to 2.14 million, the highest level on record.
  • Loans to members increased by 15.7% in 2022 to £1925.2 million which is the largest change since 2018.
  • Over the same period, total net liabilities of loans in arrears increased by 12.7% to £124 million.
  • Grants applied have decreased by 45.2% in 2022, from £11.8 million in 2021 to £6.5 million.

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