# Unity Trust Bank achieves 20% growth in social economy sector business

- Link: https://fundraising.co.uk/2006/05/14/unity-trust-bank-achieves-20-growth-social-economy-sector-business/
- Published: 2006-05-14T23:00:00+01:00
- Author: Howard Lake

Unity Trust Bank has today announced significant growth in its business within the
social economy sector. Deposits from customers in the sector, mainly Community Development
Finance Initiatives (CDFIs), charities and credit unions, grew to £162 million in
2005 – an increase of 20%.
The bank, established in 1984 by trades unions and the
co-operative movement, also realised pre-tax profits in 2005 of £4.84 million, an
increase of 17.3%.

 * **[Brain injury charity uses Unity Trust Bank loan to expand](https://fundraising.co.uk/2007/03/15/brain-injury-charity-uses-unity-trust-bank-loan-expand/)**(
   15 March 2007)
 * **[Unity Trust Bank loan helps film group qualify for matched funding](https://fundraising.co.uk/2007/07/04/unity-trust-bank-loan-helps-film-group-qualify-matched-funding/)**(
   4 July 2007)
 * **[Unity Trust Bank president elected as TUC president](https://fundraising.co.uk/2007/09/14/unity-trust-bank-president-elected-tuc-president/)**(
   14 September 2007)

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