FSCS in-default register

Whitmore Reans Credit Union Ltd

Declared in default21 March 2016FRN 213533

What this means for you

Because Whitmore Reans 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

Whitmore Reans Credit Union Ltd (FRN 213533) was declared in default by the Financial Services Compensation Scheme (FSCS) on 21 March 2016. The firm provided credit union services to its members. Former customers may be entitled to FSCS compensation of up to £85,000 for deposits held with the firm.

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.
Whitmore Reans Credit Union Ltd — in default · FSCS compensation pathway · My AI Tax