Glenard Credit Union Limited
Declared in default20 June 2014FRN 578291
What this means for you
Because Glenard 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
Glenard Credit Union Limited (FRN 578291) was declared in default by the Financial Services Compensation Scheme on 20 June 2014. The firm's product types are not specified in available records. Former customers may be entitled to FSCS compensation of up to £85,000 for eligible deposits held with the firm.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.