FSCS

Your eligible deposits with Mendip Community Credit Union are protected by the Financial Services Compensation Scheme, the UK’s deposit protection scheme.   This scheme protects deposits up to £75,000, although members are not able to deposit this amount with MCCU.

This means that if MCCU were to fail, your savings would be returned to you within seven days.

Further information about the scheme is available from  fscs.org.uk.