Key points from the data:
- Total assets have been steadily increasing over the past 5 quarters, rising by 1.01% to £4.93bn in Q3 2024.
- Although the total number of net liabilities in arrears has decreased by 2.52% to 80,559 between Q2 2024 and Q3 2024, in Scotland it has gone up by 8.77% to 18,551.
- Total expenditure has grown faster than total income (11.96% vs 8.12%), leading to a decrease in profits from £16.20mn to £14.15mn.
- Total value of net liabilities in arrears has increased by 6.00% quarter-on-quarter, to £213.56mn.
- Credit union quarterly statistics - 2024 Q3 (xlsx)
- Further details about Credit union statistics
- Next release date: 30 April 2025
