The PRA has published the following letters concerning its latest annual assessment of the credit union sector:

• letter for category 5 credit unions with total assets of more than £15 million but less than £40 million;
• letter for category 5 credit unions with total assets of less than £15 million;
• letter for category 5 credit unions with total assets of less than £15 million, whose assets have grown by more than 30%, or whose members have grown by more than 50%, or both, in the last financial year; and
• letter for category 4 credit unions, which includes all credit unions with assets above £40 million, although there is supervisory discretion to include credit unions outside this rage.

View Findings from PRA’s 2017 assessment of category 4 and 5 credit unions, 22 August 2017