Bridlington Credit Union, founded in 1999, is celebrating its 25-year milestone and its contributions to the local economy. The credit union estimates that it has saved members across the region £25 million in interest charges and has returned £1.6 million in dividends to its savers. It provides safe savings accounts and competitive credit facilities, with branch offices in Bridlington, Goole, Scunthorpe, Grimsby, Driffield, and Withernsea. While most of its services are available online, the credit union maintains a visible presence in key communities. It has issued 81,310 loans worth a total of £59,018,666, with the majority of the funds being used for home improvements, followed by cars, caravans, cycles, motorbikes, holidays, and furnishings. The credit union also offers a Christmas Saver account, which has saved members at least £25 million in interest charges. Overall, the credit union has injected at least £26.6 million back into the regional economy. It has established payroll partnerships with over 30 employers to provide direct payroll deduction for savings and loans. [5f48c7dc]
In 2023, the Crédit Mutuel group achieved a record performance, with net revenue of €4.6bn, an increase of 8.4 percent. The group relies on its 84,600 employees and 20,000 elected members to serve its 37.8 million customers. Crédit Mutuel is stepping up its eco-responsible initiatives and offerings to support customers with their ecological and energy transition projects. The group is reducing its exposure to activities with high social and environmental impacts and integrating climate and environmental risks into its overall risk management. The mutualist model allows Crédit Mutuel to respond to the expectations of the current era and remain efficient and supportive. The group aims to remain profoundly mutualist, useful, and supportive, at the service of members, customers, and society.