Protection: Not covered by our FSCS
but comes under the Swedish Deposit Insurance Scheme, offering protection on up to 100,000 Euros.
More than 2,000 people took part in the survey for the FSCS
, which has produced a number of "Money Means" guides to help people make savings.
is the UK's statutory compensation scheme, which can step in when an authorised financial services provider is unable, or likely to be unable, to pay claims against it.
Mark Oakes, of the FSCS
, said: "When Hartlepool Credit Union closed, we said FSCS
would pay the overwhelming majority of people their balances within seven days, and that is what we have done.
2 per cent on a two-year bond from Secure Trust Bank - both are covered by the FSCS
chief executive Mark Neale said: "The PS85,000 deposit limit protects the overwhelming majority of savers.
Many gave-up the fight for compensation after being rejected by the FSCS
More than 230 creditors, many of them elderly, were stripped of thousands of pounds of their savings with the demise of Greenfield - and many had given up the fight for compensation after being rejected by the FSCS
Mark Neale, Chief Executive of the FSCS
, said: "Even though rates are currently low, those wishing to save money should always do so with a bank, building society or credit union which is covered by the FSA, the UK financial regulator.
Kate Bartlett, operations director at FSCS
, said: "We're encouraging anyone else who believes they may be owed money as a result of their dealings with this firm, but has not yet made a claim, to contact our customer services team.
When respondents were asked about the consequences they expected to face if their institution failed to meet the FSCS
SCV deadline of 1 January 2011, the majority (65%) believed they would incur a financial penalty which could be millions of pounds.
The Celona FSCS
solution delivers a fully compliant migration solution, along with a business-level audit trail and production of the SCV data to meet the FSCS