Financial Conduct Authority
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Barrow & District Credit Union enters administration

Barrow & District Credit Union Limited was placed into administration on 16 September 2021 and has now stopped trading. James Sleight and Peter Hart of PKF GM have been appointed as administrators. 

Barrow & District Credit Union is a financial co-operative owned by its members. It's regulated by the Prudential Regulation Authority (PRA) and the FCA under firm reference number (FRN) 582921 as a deposit-taker.

The Financial Services Compensation Scheme (FSCS) is stepping in to protect members and will return members’ money within 7 days from when the Credit Union was declared in default (16 September).

Members who want to contact the FSCS can do so by: 

Lines are open Monday to Friday from 8.30am to 5.30pm. 

Members who want to contact the administrators to discuss their accounts can do so by: 

Channel website: https://www.fca.org.uk/

Original article link: https://www.fca.org.uk/news/news-stories/barrow-district-credit-union-enters-administration

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