FSCS in-default register

Leasowe Credit Union Limited

Declared in default8 May 2003FRN 213335

What this means for you

Because Leasowe 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

Leasowe Credit Union Limited, regulated under FRN 213335, was declared in default by the FSCS on 8 May 2003. The firm provided credit union services to 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.