Administrators appointed at Solent Credit Union
02 Oct 2019
Dina Devalia and James Sleight of PKF Geoffrey Martin & Co have been appointed as Joint Administrators of the Solent Credit Union.
The Financial Services Compensation Scheme (FSCS) has also declared the credit union in default, which means that savers are entitled to receive their deposits back.
Dina Devalia, Joint Administrator of PKF Geoffrey Martin & Co, said: “Solent Credit Union savers don’t need to worry as their money is safe - all customer deposits will be returned by the FSCS.