FSCS in-default register

Havant Area Savers Credit Union Limited

Declared in default6 January 2011FRN 213842

What this means for you

Because Havant Area Savers Credit Union Limited 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

Havant Area Savers Credit Union Limited (FRN 213842) was declared in default by the Financial Services Compensation Scheme on 6 January 2011. The firm, which operated under no alternative trading names, offered credit union services to its members. Former customers may be entitled to FSCS compensation of up to £85,000 for eligible deposits held with the firm at the time of its default.

Products this firm wrote

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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.