The Society is a member of the Financial Services Compensation Scheme. You may be entitled to compensation from this Scheme if we cannot meet our obligations.
The scheme covers the first £50,000 of a savers total shares and/or deposits in the Society. Most savers are covered, including individuals and small firms. A small number of categories of shares and deposits are not covered, for example deferred shares/permanent interest bearing shares. Although most shares and deposits are denominated in sterling, all other currencies are covered. Further details are available on request from the Society or from Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, 1 Portsoken Street, London E1 8BN.
Disclosure of exclusions from FSCS cover:
As a customer of Cambridge Building Society your account(s) with us are covered by the Financial Services Compensation Scheme up to the maximum of £50,000 per person, unless you are:
- A large company,
- A large partnership,
- A large mutual association,
- A local, provincial or municipal authority,
- A credit institution,
- An overseas financial services institution,
- An operator or trustee of a collective investment scheme,
- A pension and retirement fund or a trustee of such a fund,
- A government, or central administrative authority,
- A firm within the Cambridge Building Society group, or,
- A person whose claim arises from transactions relating to a conviction they have received for money laundering.
If you are unsure of your eligibility, please contact the Society or Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, 1 Portsoken Street, London E1 8BN. Telephone Helpline: 0207 892 7300 Website: www.fscs.org.uk
