FSCS in-default register

Birmingham Inner Circle Community Credit Union Ltd

Declared in default26 September 2022FRN 213254

What this means for you

Because Birmingham Inner Circle Community Credit Union Ltd 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

Birmingham Inner Circle Community Credit Union Ltd (FRN 213254) has been declared in default by the Financial Services Compensation Scheme as of 26 September 2022. The firm provided 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.

Products this firm wrote

Credit Unions

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.