Third credit union goes bust this year

The City of Plymouth Credit Union Limited in Devon has been declared in default by the Financial Services Compensation Scheme (FSCS), opening the door to members to claim compensation expected to be in the region of £1.2m in total.

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Welsh credit union declared in default

A North-East Wales credit union has been declared in default by the Financial Services Compensation Scheme (FSCS).

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FSCS declares £1.1m London-based credit union in default

The Financial Services Compensation Scheme (FSCS) has declared a London-based credit union in default and has pledged to protect more than 1,100 members.

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FSCS to pay out £21m as credit union is declared in default

The Financial Services Compensation Scheme (FSCS) has stepped in to protect members of Dial-A-Cab, which has stopped trading and is now in default.

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