FSCS in-default register

South Airdrie Credit Union Limited

Declared in default5 April 2006FRN 213982

What this means for you

Because South Airdrie Credit Union Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

South Airdrie Credit Union Limited (FRN 213982) was declared in default by the FSCS on 5 April 2006. The firm's product types were not specified in available records. Customers of the firm may be entitled to FSCS compensation, though the applicable limits depend on the financial products held at the time of default.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.