Enterprise Credit Union Reaches £50 Million Asset Milestone

Wednesday 25 March 2026

Enterprise Credit Union has reached a significant milestone, surpassing £50 million in assets, marking a major achievement for the organisation and the communities it serves across Merseyside.

The landmark reflects the continued growth of the credit union movement and demonstrates the strength of the “people, not profit” model. For Enterprise Credit Union, the milestone represents more than a financial figure – it reflects the trust placed in the organisation by its 25,000+ members and the dedication of the team working to support them.

Reaching £50 million in assets strengthens the credit union’s ability to expand its impact in several key areas. The organisation will be able to increase support for local households and grassroots initiatives, invest further in digital infrastructure and member services, and ensure long-term resilience as an ethical alternative to traditional high-street banking.

Chief Executive Karen Bennett welcomed the achievement and reflected on the journey to this point:

“It really is an achievement to reach our latest milestone. To achieve £50 million in assets is phenomenal for all the right reasons. Without the support of our Board of Directors and our team it wouldn’t have been possible.

As we scale up with our ambitious growth plans, our passion to work with our community is stronger than ever. It feels like yesterday we were celebrating our £1 million milestone – watch this space for our next big milestone.”

The growth follows a strong period of development for the credit union. At its Annual General Meeting in November 2025, Enterprise Credit Union reported continued progress in improving services for members. With nearly 25,000 members, the organisation has expanded its offering to include 24/7 digital access, faster loan processing, and additional pop-up branches to improve accessibility.

One of the most notable announcements at the AGM was the approval of a 3% dividend, returning £1 million directly to members.

The £50 million milestone represents the latest chapter in Enterprise Credit Union’s continued growth, reinforcing its role as a trusted financial partner for communities across Merseyside.

To read about a year of significant highlights for Enterprise Credit Union, please download its annual report.