Unity Trust Bank – a key part of the Birmingham business landscape for nearly 40 years – is celebrating after winning the Greater Birmingham Chambers of Commerce Business of the Year award.
The Brindleyplace bank, which also won the Contribution to Community category, was originally founded by the trade unions in 1984 to serve the common good.
The awards – hosted by broadcaster Ed James – took place at the ICC in Birmingham on Thursday night with around 1,100 guests in attendance.
The event was supported by headline sponsors Birmingham City University, Elonex, Schumacher Packaging and headline partners Birmingham City Council.
Judges praised Unity Trust Bank’s mission to “create a better society, delivering impact not simply maximising profits.”
In 2022 the bank recruited seven new commercial banking officers for the region and three new relationship managers covering North and South Birmingham, the Black Country and Sutton Coldfield, taking the size of its frontline Midlands team to 20 people.
Net lending increased by £63 million to £786 million in H1 2022, including an additional 99 borrowers accessing loans through responsible finance providers.
The lending supported 149 jobs, enabled 384 people in safe housing, created/renovated 488 bed spaces, provided 504 day care spaces and 89 community facilities.
The Birmingham bank unveiled two new charity partnerships for 2022/23, with the Prince’s Trust and Fareshare.
Chief executive Deborah Hazell says the bank loans to applicants with a solid financial base, a good credit risk and the ability to demonstrate social purpose. The minimum loan level is £250,000.
Deposit clients include the likes of charities, parish councils, care organisations or trade unions, all with a social purpose, and the bank also supports Community Development Financial Institution Funds.
In 2022 Unity extended its established employee volunteering programme, initially launched in 2009, with the unveiling of Unity and Me, described as a ‘vibrant and engaging employee experience.’
Katrina Cooke, the GBCC’s chief commercial officer and chair of the awards judging panel, said: “A huge congratulations to Unity Trust Bank on winning the Greater Birmingham Business of the Year award.
“The judges were extremely impressed by the standard of entries for this year’s awards, which reflect the breadth, diversity and talent of businesses across the region.
“Thank you to all those who took the time to enter.”
Meanwhile, Greater Birmingham Chambers of Commerce president Deb Leary’s President’s Award went to the team behind the success of the Birmingham 2022 Commonwealth Games.
Professor Geoff Thompson, deputy chair or the Birmingham 2022 organising committee, collected the award on behalf of all the partners, volunteers and businesses involved in last summer’s Games.
Deb Leary said: “Birmingham 2022 became a home Games for every nation.
“With the iconic Raging Bull on opening night through to the legendary Ozzy Osborne closing the event, the Games captured the imagination of the city, the region, the UK and the world.”
Greater Birmingham Business of the Year, sponsored by Crowe
Unity Trust Bank
Excellence Contribution to Community, sponsored by runyourfleet
Unity Trust Bank
Excellence in Customer Service, sponsored by Birmingham Airport
Excellence in Hospitality and Retail, sponsored by Pinsent Masons
KIBOU Japanese Kitchen and Bar
Excellence in International Business, sponsored by Gowling WLG
Y International UK Ltd
Excellence in Manufacturing, sponsored by University of Birmingham
Webster and Horsfall & Latch and Batchelor
Excellence in People Development, sponsored by GuruYou
Excellence in Responsible Business, sponsored by Aston University
Serco Restart Scheme
Excellence in Sales and Marketing, sponsored by Birmingham City University
Park Regis Birmingham
Excellence in Sustainability, sponsored by South & City College Birmingham
Birmingham County Football Association
Excellence in Technology and Innovation, sponsored by Close Brothers Asset Management
Excellence in Third Sector, sponsored by Unity Trust Bank
Excellence in Training and Development, sponsored by University College Birmingham BMet College