Credit union quarterly statistics - 2022 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 2023

Key points from the data

  • The total value of loans to members increased 4.8% in 2022 Q4, surpassing £2bn, as the average loan value grew by 2.8%, exceeding £1,000 for the first time (£1,015). 
  • Credit Unions in Scotland reported a loss of £234k in 2022 Q4 for the first time, despite record income (£12.1mn), as total expenditure increased 19.1% quarter-on-quarter to £12.3mn.
  • The number of juvenile dispositors fell for the 12th successive quarter, decreasing by -0.31% to 202k, to a level 18.2% lower than the 2017 Q4 peak of 247k. 
  • The total value of net liabilities in arrears increased by 6.6% to £127mn, driven by a 11.1% increase in England alone to £76mn. 


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