FSCS in-default register

Croydon Branch Union of Communication Workers Credit Union Limited

Declared in default15 October 2003FRN 213394

What this means for you

Because Croydon Branch Union of Communication Workers 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

Croydon Branch Union of Communication Workers Credit Union Limited, authorised under FRN 213394, was declared in default by the Financial Services Compensation Scheme on 15 October 2003. The firm operated as a credit union providing financial services to members. Former customers may be entitled to FSCS compensation of up to £85,000 for eligible claims, subject to the scheme's terms and conditions 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.