The PRA has updated its webpage on credit unions to publish letters sent to directors of category 5 credit unions, setting out the findings of its 2016 assessment of these firms. The PRA sent the following letters:

  • category 5 plus credit unions above £15 million;
  • category 5 credit unions under £15 million; and
  • category 5 growth credit unions.

View PRA 2016 annual assessment of category 5 credit unions, 7 November 2016