Financial Services Compensation Scheme

Penrith Building Society is covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to shareholders and depositors if a building society is unable to meet its financial obligations. Most individuals and businesses are covered by the scheme.

An eligible shareholder/depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their respective share so, for a joint account held by two eligible shareholders/depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000).

The £85,000 relates to the combined amount in all the eligible shareholder's/depositor's accounts with the building society, including any joint account, and not to each separate account.

As a member or customer of Penrith Building Society your account(s) with us are covered by the FSCS, unless you are:

A large company
A large partnership
A large mutual association
A local, provincial or municipal authority
A pension and retirement fund or a trustee of such a fund
A person whose claim arises from transactions relating to a conviction they have received for money laundering

Further details of exclusions from FSCS cover can be found on the Financial Services Authority website.

Home Reports Mortgages Awards Savings Current products & rates Financial Services Compensation Scheme Key commitments Contact Privacy Policy Site Map	Financial Services Compensation Scheme Penrith Building Society is covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to shareholders and depositors if a building society is unable to meet its financial obligations. Most individuals and businesses are covered by the scheme. An eligible shareholder/depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their respective share so, for a joint account held by two eligible shareholders/depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 relates to the combined amount in all the eligible shareholder's/depositor's accounts with the building society, including any joint account, and not to each separate account. As a member or customer of Penrith Building Society your account(s) with us are covered by the FSCS, unless you are: A large company A large partnership A large mutual association A local, provincial or municipal authority A pension and retirement fund or a trustee of such a fund A person whose claim arises from transactions relating to a conviction they have received for money laundering Further details of exclusions from FSCS cover can be found on the Financial Services Authority website.	Apply online for a mortgage illustration Mortgage products and interest rates Current investment products and interest rates
2007©Penrith Building Society, 7 King Street, Penrith, Cumbria, CA11 7AR. Tel: 01768 863675 Penrith Building Society is regulated by the Financial Services Authority and is entered in its register under number 164473 www.fsa.gov.uk/register