Gallowhill Credit Union Limited
Declared in default6 September 2011FRN 213787
What this means for you
Because Gallowhill 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
Gallowhill Credit Union Limited (FRN 213787) was declared in default by the Financial Services Compensation Scheme on 6 September 2011. The firm's specific product offerings are not recorded in available data. Former customers may be entitled to FSCS compensation, though the applicable limit depends on the financial products held with the firm at the time of default.
Products this firm wrote
--
How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.