Important announcement Essex Savers

Important announcement

Essex Savers in administration

Kevin Murphy, Jason Maloney and Bai Cham of CVR Global LLP were appointed as Joint Administrators of Essex Savers net Credit Union Limited on 14 February 2018.

Your money is safe

As Essex Savers was authorised by the Prudential Regulatory Authority (PRA) and the Financial Conduct Authority (FCA), the Financial Services Compensation Scheme (FSCS) protects any savings or balances you have with Essex Savers. Payment will be made to you shortly by the FSCS. You do not need to do anything to receive payment. FSCS will send a payment directly to you. Members due less than £1,000 will receive a letter that they can cash at their local Post Office. Members due more than £1,000 will receive a cheque. You can expect to receive payment in the next 7 days. For further information, click here to visit the FSCS website.

Further information

Further information can be found on the “Frequently Asked Questions” sheet which can be found on the FSCS website by clicking here.

Alternatively, please contact Essex Savers on 01245 830520 or via email using either email address essexsavers@cvr.global or nick.hayles@nycu.org.uk.

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