We’ve Won Two Yorkshire Financial Awards!

We’ve Won Two Yorkshire Financial Awards!

We’re delighted to announce that we won two prestigious awards at the Yorkshire Financial Awards last week!

We brought home the coveted Outstanding Achievement Award and were also crowned Lender of the Year, cementing our position as a leader in ethical finance and community support in Yorkshire.

The Yorkshire Financial Awards celebrate the accomplishments of financial organisations that contribute not only to economic prosperity but also to community well-being across the region. Our double win at this year’s ceremony, held on May 2nd at the Royal Armouries, highlights our commitment to providing accessible financial services and our pivotal role in fostering financial wellbeing and inclusion.

The Outstanding Achievement Award is testament to our enduring dedication to our members and the broader community and highlights how we’ve positively impacted the lives of many of our members, providing them with the tools and resources necessary to achieve financial stability and prosperity.

In fact, during the 2022/23 reporting period, we welcomed 4,950 new members and carried out 965 Money & Budgeting service appointments across Leeds.

Winning the Lender of the Year award underscores our innovative approach to lending. By offering fair, transparent and supportive lending services, we’ve become a trusted ally to individuals and families across Yorkshire, helping them to meet their financial goals without the burden of high costs or insecurity.

During the financial year 2022/23, LCU lent more than £8.275m to its members, an increase of more than 10% on the previous year’s results. We also helped them save more than £11m in high interest repayments that would otherwise have ended up in the hands of unscrupulous lenders.

Reacting to the win, our CEO, Mark Fleet, said: “This is a tremendous honour for our team and a reflection of our collective passion for serving our community. These awards are a recognition of our tireless work and dedication to making a positive difference in our members’ lives. It motivates us to continue our mission of providing inclusive financial services and support and I am incredibly proud of our achievements and the invaluable support of our members and partners.”