Tag: Unity Trust Bank

Unity Trust Bank, which supports organisations that create positive social impact across the UK, has reported that more than half of its lending went to customers delivering services in areas of high deprivation in 2024.  In its annual results, Unity’s overall lending remained at over £1 billion with 50.5% (2023: 45.3%) committed to where it is needed most.   Customer balances rose to a record £1.7 billion (up 10% from 2023) as more socially-minded organisations chose to place their deposits with Unity, so they could be used to improve the quality…

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Award-winning Unity Trust Bank has announced the appointment of Joshua Meek as its new Chief Impact Officer, reinforcing the bank’s commitment to delivering positive social and environmental impact across the bank. Joshua’s appointment to Chief Impact Officer will see him strengthen Unity’s ‘double bottom line’ strategy, which looks to maximise positive outcomes for people and planet alongside financial returns. As part of this, he is spearheading the development of Unity’s ‘theory of change’ in partnership with New Philanthropy Capital (NPC), to create a roadmap that will shape activity across the…

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Unity Trust Bank has announced the appointment of Philippa Moors as Charities Relationship Manager. She will further support the bank’s growing portfolio of customers in the charity sector. The specialist role reflects Unity’s strong commitment to supporting charitable organisations through ethical and responsible finance. With extensive experience in financial services, Philippa previously worked at Barclays Bank for 15 years as part of its Relationship Management team, supporting customers across a range of sectors including Retail & Wholesale and Hospitality & Leisure. During a career break, Philippa set up her own…

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Unity Trust Bank, which supports organisations to deliver positive social impact, has been named by The Sunday Times in its annual Best Places to Work Awards. The prestigious list recognises and celebrates the UK’s best employers, based on feedback from employees and an independent assessment of six key areas, including workplace culture, leadership, employee engagement and wellbeing. An impressive 91% of employees said that they were proud to work for Unity Trust Bank, and 90% felt that their work was worthwhile. When looking at measurements for workplace happiness, Unity’s highest…

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Unity Trust Bank, which supports organisations to deliver positive social impact around the UK, has reported a record level of lending in its annual results for 2023. Exceeding £1 billion for the first time in its 40-year history, almost half of Unity’s financing last year (45.3%) went into areas of high deprivation.  Overall lending increased by 21% to £1.01 billion (2022: £836.6m) while after-tax earnings rose to £48.9m (2022: £22.8m), resulting in a strong CET1 capital ratio of 19.7% (2022: 18.3%). Colin Fyfe, CEO at Unity Trust Bank, said: “Surpassing…

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