Gregory Campbell – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gregory Campbell on 2016-01-07.

To ask Mr Chancellor of the Exchequer, how many credit unions were subject to intervention by the Financial Services Compensation Scheme in 2014 and 2015.

Harriett Baldwin

The Financial Services Compensation Scheme regularly publishes details of the interventions it has undertaken to protect depositors. The Scheme announced that it had protected the savings of members in five credit unions which entered default in 2014; and six in 2015.