Regulations

Castle & Crystal Credit Union is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. We are also a member of the Financial Services Compensation Scheme (FSCS).

Financial Services Compensation Scheme

Your deposited funds are covered by the Financial Services Compensation Scheme (FSCS). This scheme was set up to provide a safety net should a bank, building society or credit union become insolvent.

The FSCS deposit protection limit has changed

The deposit limit changed on the 30 January 2017. This change applies to all banks, building societies, credit unions and all other financial instituitions in the UK.

The level of cover increased from £75,000 to £85,000 per each bank, building society or credit union.

For more information please view the information leaflet or visit their website

For peace of mind you can also check if your money is protected.