Need help with a claim involving North East Warrington Credit Union Ltd

If you’re worried about losses from a transaction involving North East Warrington Credit Union Ltd and are considering compensation, our experts can help. We’ll review your case thoroughly to determine what happened, who’s responsible, and how much you could potentially recover.

North East Warrington Credit Union Ltd

North East Warrington Credit Union Ltd was a not-for-profit, member-owned financial co-operative, providing basic banking services to people living or working in the Warrington area. It was authorised by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) and operated for many years as a local alternative to high-street banks.

The credit union was placed into administration and declared in default by the FSCS in 2023. This means eligible members may be able to claim back their money, usually up to £85,000 per person.

 

How is a credit union different from other financial providers?

Credit unions aren’t like traditional banks or pension providers. They’re owned by their members, and instead of focusing on profit, they exist to provide fair and affordable financial services to the community — things like savings accounts and small personal loans.

Unlike pension providers, credit unions don’t offer long-term investment or retirement products. They operate on a lower-risk, deposit-based model. Credit unions are regulated by both the FCA and PRA, and members’ savings are protected by the FSCS, just like savings in a bank or building society. So even though a credit union doesn’t manage pensions, many people trust them with savings they’re putting aside for later life.

No win, no fee

If you don’t get paid, then you pay nothing. If you get paid, we take a pre-agreed percentage based on how much money you receive for your peace of mind.

Why are members claiming compensation from North East Warrington Credit Union Ltd?

When the credit union failed, the FSCS began compensating members automatically. However, not everyone receives payment right away, and some people may not have received the full amount they’re entitled to. This can happen in cases involving:

  • Joint accounts or accounts held on behalf of others (e.g. children, charities, clubs)
  • Business or organisation funds
  • Members who were overseas or missed FSCS communications
  • Incorrect personal details or unclaimed entitlements

In these cases, you may need to submit a manual claim, and we can help you do it quickly and correctly.

 

Background

  • Incorporation Date: 2 May 1996
  • FCA Authorisation Date: 1 December 2001
  • FCA Firm Reference Number: 213640
  • Status: In administration and declared in default
  • Reason for Claims: Savings lost following credit union failure

 

Who was involved?

Credit unions are usually run by elected directors and volunteers. While these individuals may be listed on Companies House records, they are not typically named in FSCS communications. We can assist in confirming your relationship with the credit union if needed.

 

How can we help?

We specialise in helping people claim FSCS compensation for financial losses, including from failed credit unions. Whether you’ve received a payment or not, we can review your situation, confirm your entitlement, and submit a claim on your behalf if needed.

 

How does it work?

  1. Free eligibility check — We confirm whether you have a claim
  2. No Win No Fee — You don’t pay unless we recover money
  3. Full support — We manage the paperwork and handle the FSCS process for you

 

Seek Claim Advice Today

Time limits may apply, so it’s important to act quickly. If you were a member of North East Warrington Credit Union Ltd and didn’t receive a full refund, or you’re unsure what you’re owed, speak to us today.

Call 0800 041 8358 or book a free consultation with one of our claim specialists.

NB: Information for this page was gathered on 07/05/2025 from the FSCS, FCA Register, and Companies House, and is accurate to the best of our knowledge as of that date.

When it comes to Claims,
we won’t waste your time or ours.

This is why we have a 82%* success rate on submitted claims in similar circumstances to North East Warrington Credit Union Ltd

*82% success rate is an accurate figure based on pension and investment related claims submitted and concluded between 1st December 2020 to 1st August 2024.

Our Process for Making a Mis-sold Claim

Initial Consultation

Start a free consultation to understand your situation and help you decide on the best course of action.

Collect & Review Agreements

We”ll collect and review your documentation of the advice given, pension transfer details, and evidence of any financial losses.

Submit a Claim

We will formally submit your claim to the relevant parties, clearly outlining why you’re entitled to compensation.

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