Credit union quarterly statistics - 2024 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 30 April 2025

Key points from the data:

  • Credit Union membership continued to increase, growing by 0.46% to 2.15 million in Q4 of 2024.
  • The total value of assets held by UK Credit Unions fell by -0.79% to £4.89 billion in 2024 Q4, this was the first quarterly fall since records began (2013 Q2).
  • Quarterly income and expenditure reported by UK Credit Unions increased to record levels, with income growing by 1.40% to £114.63 million and expenditure increasing 4.86% to £103.50 million quarter-on-quarter.
  • Interim profit fell by 22.40% to £11.13 million in Q4 driven by Credit Unions in England and Scotland, as increases in income were offset by greater increases in expenditure.  

 

Next release date: 31 July 2025