KREDA
in Lithuania 🇱🇹
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About KREDA in Lithuania
KREDA (Jungtinė centrinė kredito unija, or Joint Central Credit Union) is a cooperative-based central credit union operating in Lithuania. As of Q3 2025, KREDA manages a group of 15 credit unions with long-standing experience across the country, serving members through a unified financial services platform.
The institution operates under the brand name KREDA, derived from the Latin word "credo" meaning "believe" and "trust," reflecting the mutual trust and shared purpose that led to the central union's creation. With assets exceeding EUR 670 million in Q3 2025 and a loan portfolio of approximately EUR 370 million, KREDA has established itself as a significant player in Lithuania's cooperative financial sector.