FSCS in-default register

West Wales Credit Union Ltd

Declared in default27 September 2017FRN 400596

What this means for you

Because West Wales Credit Union Ltd 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

West Wales Credit Union Ltd (FRN 400596) was declared in default by the Financial Services Compensation Scheme on 27 September 2017. The firm provided credit union services to members. Eligible depositors may be entitled to FSCS compensation of up to £85,000 per claim.

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.
West Wales Credit Union Ltd — in default · FSCS compensation pathway · My AI Tax