FSCS in-default register

South Warwickshire Credit Union L

Declared in default30 April 2013FRN 213925

What this means for you

Because South Warwickshire Credit Union L 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 Warwickshire Credit Union Limited (FRN 213925) was declared in default by the Financial Services Compensation Scheme on 30 April 2013. The firm provided credit union services to its members. Former customers may be entitled to compensation of up to £85,000 under the FSCS deposit protection limit.

Products this firm wrote

Credit Unions

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.