Is my money protected by the Financial Services Compensation Scheme (FSCS)?
The credit unions we work with, Castle Community Bank and My Community Bank, are regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). If you’re depositing money with one of the credit union’s fixed term savings accounts, your money is protected by the Financial Services Compensation Scheme (FSCS), up to £85,000 per credit union. To find out more visit the FSCS website here.