Credit union quarterly statistics - 2020 Q2

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%.
Next release date: 29 January 2021

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