Credit Unions

Treasury written question – answered on 11th June 2014.

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Photo of Gareth Thomas Gareth Thomas Shadow Minister (Foreign and Commonwealth Affairs), Party Chair, Co-operative Party

To ask the Chancellor of the Exchequer

(1) how many people were members of a credit union in each (a) region of England and (b) each borough of London in (i) 2011-12, (ii) 2012-13 and (iii) 2013-14; and if he will make a statement;

(2) what estimate he has made of (a) the number of members of credit unions and (b) their total savings in each (i) region of the UK and (ii) London borough in (A) 2010-11, (B) 2011-12, (C) 2012-13 and (D) 2013-14; and if he will make a statement;

(3) what estimate he has made of total lending by (a) credit unions and (b) community development finance institutions in each (i) region of England and (ii) London borough in (A) 2011-12, (B) 2012-13 and (C) 2013-14; and if he will make a statement.

Photo of Andrea Leadsom Andrea Leadsom The Economic Secretary to the Treasury

The Government do not hold information on the numbers of credit union members or their total savings or lending by region. The data are held by the Prudential Regulation Authority and the Financial Conduct Authority.

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