Where are my savings held?
When opening an account via My Community Finance, your savings will be safely deposited with one of the credit unions we work with: My Community Bank or Castle Community Bank.
Your savings will be protected by the Financial Services Compensation Scheme (FSCS) up to a value of £85,000 per person.
My Community Bank and Castle Community Bank are financial organisations, authorised and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).
FCA Register:
My Community Bank (registered trading trading name of Brent Shrine Credit Union, with FRN 213245)
Castle Community Bank (registered trading name of North Edinburgh & Castle Credit Union, with FRN 213877)