Unity Trust Bank reports record lending and deposits in annual results
New lending more than doubled in 2025, reaching £333m, up from £137m in 2024.
Unity Trust Bank reported another record year for responsible lending and deposits, supporting socially-minded organisations across the UK.
Lending grew by 12% to over £1.1bn, up from £1bn last year, with customers using funds for local services such as healthcare, housing, jobs, support services and green projects.
New lending more than doubled in 2025, reaching £333m, up from £137m in 2024.
Of this, £165m went to customers working in areas of high deprivation.
Deposits rose by 8% to £1.9bn, compared to £1.8bn last year.
Pre-tax profit was £52.4m, down from £65.8m last year, due to lower interest rates.
The CET1 capital ratio improved to 24.3% from 24.1%.
Colin Fyfe, CEO at Unity Trust Bank, said: “It’s been another incredible year of growth at Unity.
“Increasing our loan book by 12% has enabled even more people across the UK to access the frontline services they need.
“Unity has long had a ‘double bottom line’ commitment to deliver positive social impact as well as sustainable returns. I’m proud to say that we deliver this year after year.”
Fyfe added: “Our strategy is to double the size of the bank and our impact by 2030.
“I’m delighted that our performance and achievements to date show we’re on the right path to achieving this goal.”
In 2025, Unity Trust Bank’s lending led to the creation or protection of 5,296 jobs, safeguarding 1,625 care beds, supporting 1,015 people at risk of homelessness, backing housing associations with over 1,700 social housing units and providing 1,330 education spaces.
The bank received its first Investment Grade credit rating from Fitch Ratings in its 41-year history.
It was also verified by the Good Economy as meeting the Global Impact Investing Network’s standards for impact management.
Additionally, Unity Trust Bank became the first UK bank to invest in Local Climate Bonds, committing £15m to help councils with Net Zero projects.
The Retrofit Transition Initiative funded £8.5m to six housing association customers, decarbonising 736 homes and 21 communal spaces.
Unity Trust Bank received the ‘Outstanding’ Best Companies accreditation following a survey of staff.
The bank distributed £140,500 in grants and donations throughout the year, including £50,000 to the Unity Impact Grants programme and £35,000 to the King’s Trust partnership.
Fyfe said: “At the core of everything we do at Unity is our customers. They are at the forefront of every decision we make.
“We continue to invest in our digital banking platform as well as our UK-based contact centre.
“The number of relationship managers who provide personal support to lending customers has increased, and we have also strengthened our specialist support for sectors such as trade unions, charities and local councils.”
Fyfe added: “Our ambition is to be the bank of choice for all socially-minded organisations in the UK and I’m delighted that more than 11,300 values-aligned customers choose our business banking services.”
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