FSCS in-default register

Tower View Community Credit Union Limited

Declared in default4 November 2010FRN 213739

What this means for you

Because Tower View Community 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

Tower View Community Credit Union Limited (FRN 213739) was declared in default by the Financial Services Compensation Scheme on 4 November 2010. The firm's regulatory product classification is not specified in available records. Eligible former customers may be entitled to compensation up to £85,000 for deposits held with the credit union at the time of default.

Products this firm wrote

--

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.