FSCS in-default register

Hastings & Rother Credit Union Ltd, trading as 1066 Community Bank

Declared in default8 August 2023FRN 213644

What this means for you

Because Hastings & Rother Credit Union Ltd, trading as 1066 Community Bank 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

Hastings & Rother Credit Union Ltd, which operated under the trading name 1066 Community Bank (FRN 213644), was declared in default by the Financial Services Compensation Scheme on 8 August 2023. The firm provided credit union services to its members. Former customers may be entitled to compensation of up to £85,000 per person under the FSCS deposit protection limit.

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.