16/10/2026
Thanks to the Stop Loan Sharks England for this powerful message!
💙 Happy International Credit Union Day! 💙
Today we’re celebrating the fantastic work credit unions do in communities across England, helping people save for the future and borrow safely.
We’re proud to work closely with credit unions to help reduce the risk of people turning to loan sharks.
Through our savings incentive schemes, we use money recovered from convicted loan sharks under the Proceeds of Crime Act to help people build their savings and improve their financial resilience.
And it’s making a real difference. Between April 2025 and April 2026:
✅ 1,853 members received a savings bonus
💷 More than £330,000 was saved at the three-month point
👏 The average savings balance was £180
A huge thank you to all the credit unions working with us to provide safe, affordable and ethical alternatives to illegal lenders.
Want to find out more about how a credit union or Community Development Finance Institution (CDFI) could help you?
👉 Read our latest blog. Link in the comments.