Unity Trust Bank receives Investment Grade Credit Rating

Published: July 14, 2025

Unity Trust Bank has been awarded an Investment Grade credit rating by global rating agency, Fitch Ratings. This is a major milestone in Unity’s 40-year history.

This landmark achievement strengthens Unity’s position as a leading social impact bank, demonstrating Unity to be a good choice for customers looking for their money to make a positive difference and be placed with an investment grade institution.

Fitch Ratings, a leading global provider of credit ratings, market commentary and research for global capital markets, has awarded Unity the investment grade rating of ‘BBB-’.

The rating is an endorsement of the bank’s disciplined growth, robust governance and sustainable financial performance.

Category	Unadjusted Rating	Adjusted Final Rating
Operating Environment	AA	Overall investment grade BBB- with Unity strengthening its position as a leading social impact bank.
Earnings & Profitability	AA
Capitalisation & Leverage	AA
Funding & Liquidity	AA
Asset Quality	A
Business Profile	BB
Risk Profile	BBB-

 

Unity scored an unadjusted AA rating on key measures driving the financial profile in Fitch’s assessment. Unity’s AA rating of funding and liquidity, capitalisation, and leverage as well as earnings and profitability demonstrates the strength of Unity’s financial stability.

Colin Fyfe, Chief Executive Officer at Unity Trust Bank, said: “This is more than a financial milestone; it’s a moment of validation for everything Unity stands for — safe, stable, values-driven banking that puts people and planet alongside profit.

“For over 40 years we have been banking organisations that deliver tangible social impact. Demand for our services has never been higher. Now we’re better placed than ever to grow our impact, scale our support to communities and attract depositors who want their money to do good.”

Supporting over 10,900 customers and with customer deposits over £1.8 billion, Unity’s mission to serve the common good continues at pace.

This credit rating by Fitch follows a string of awards in 2024 where the bank received both the King’s Award for Enterprise for Sustainable Development and was named in The Sunday Times’ Best Place to Work.

Supporting over 700 organisations with loans, over half of Unity’s lending goes to areas of high deprivation and supports local government, social housing, community health and social care services, and education.

This investment grade rating will empower the bank to achieve its ambitious growth strategy and significantly scale its positive impact across the UK.

Unity lends over half its funds to areas of high deprivation, and every loan is assessed for its contribution to the UN Sustainable Development Goals; this new rating will enable its services to customers delivering impact across the UK.