Wales: Payback for Customers of Broke Credit Union

Daily PostFebruary 07, 2008

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Summary


RESIDENTS on a deprived North Wales housing estate who lost savings after a credit union collapsed will get compensation.

The Financial Services Compensation Scheme (FSCS) said it had already started processing claims for 165 members of the Caia Park Credit Union in Wrexham.

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Extract


Wales: Payback for Customers of Broke Credit Union

The union and Edmonton Credit Union in north London, became insolvent at the end of last month.

It started we...

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