Leeds Credit Union says its record start to 2026 shows why affordable local lending matters, as the Government backs a new £30 million Credit Union Transformation Fund through Fair4All Finance and plans membership rule changes to help credit unions grow.
Leeds Credit Union has underwritten £3 million of lending in the first quarter of 2026, including a bumper £1.2 million in March, in what would mark a record period for the organisation. Based on its comparison with high-cost doorstep lenders, the credit union estimates this level of lending could save people across Leeds and the wider communities it serves £2.3m in high-interest repayments they would otherwise have paid.
The wider national backdrop matters. In its…