Tag: Unity Trust Bank

Unity Trust Bank reports record level of lending in UK’s most deprived areas

Stuart Mitchell

Unity Trust Bank, the award-winning UK social impact bank, has continued to deliver positive impact where it matters with its half-year results showing a record level of lending going into areas of high deprivation. Unity committed over £140m in funding in the first six months of 2025 (HY 24: £62.8m), with 59% (HY 24: 40%) directed towards disadvantaged communities. Additionally, 45% (HY 24: 26%) of Unity’s loans met the ABC of Enterprise Impact ‘C – Contribute to Solutions’ grade, meaning they actively addressed social or environmental challenges. Unity’s lending also…

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Unity Trust Bank partners with Birmingham County FA to support sustainability initiatives within local grassroots football

Stuart Mitchell

Unity Trust Bank has partnered with the Birmingham County Football Association (BCFA) to support local sustainability initiatives.   Unity is sponsoring the BCFA’s ‘Green Innovation Fund’, which supports the sustainability efforts of local grassroots football clubs through green project funding.   BCFA affiliated clubs can apply to receive up to £500 to support their environmental initiatives.  More than 150 grassroots organisations have already benefited from the fund since its inception in season 22-23.   As part of its sponsorship, Unity will contribute £12,500 to the £16,000 fund. It will also join the BCFA…

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Unity becomes Changemaker and fundraiser for Birmingham Children’s Hospital

Stuart Mitchell

Unity Trust Bank has become a Changemaker at Birmingham Children’s Hospital Charity, helping to transform the lives of sick youngsters.  Changemakers support the charity by investing in projects such as life-saving equipment and child-friendly spaces.  Colin Fyfe, CEO at Unity Trust Bank, said: “As a social impact bank, Unity’s mission is to help create a better society.   “We’re based in Brindleyplace and proud to be part of the Birmingham business community.  “We’re delighted to support the region by becoming a Changemaker for such a worthwhile charity.  “Every year, more than…

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Unity Trust Bank appoints Christine Coe as first female Chair of the Board

Stuart Mitchell

Unity Trust Bank has appointed Christine Coe as the first female Chair of its board of directors, as Alan Hughes ends his term after 10 years in post. Christine joined Unity’s Board as an independent non-executive director in 2023. She chairs the Board Risk Committee and is a member of the Nomination Committee and Board Audit Committee. With over 40 years’ global credit and risk experience, which she gained through a variety of senior roles at HSBC, Christine brings a wealth of expertise in commercial banking, financial policy and regulation.…

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Unity Trust Bank marks 40 years of impact with increase in lending to areas of high deprivation

Stuart Mitchell

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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