Financial Services Compensation Scheme

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a building society is unable to meet its financial obligations. Most depositors including most individuals and small businesses are covered by the scheme.

In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor's accounts with the building society, including their share of any joint account, and not to each separate account.

Coventry Building Society (CBS) also operates under the trading name of Stroud & Swindon Building Society (SSBS). CBS is the participant of the FSCS. Therefore, depositors with CBS and SSBS have an overall limit of £85,000 under the FSCS.

For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch or call us on 0845 766 5522, refer to the FSCS website www.FSCS.org.uk or call 0800 678 1100. Depositors not covered by the scheme include:

Large companies, partnerships or mutual associations
Local, provincial or municipal authorities
Credit institutions or overseas financial services institutions
Operators or trustees of a collective investment scheme
Pension and retirement funds or trustees of such a fund
Supranational institutions
Government, or central administrative authorities
Persons whose claim arises from transactions relating to conviction they have received for money laundering

Further details of exclusions from FSCS cover can be found on the Financial Services Authority website.

Coventry Building Society is authorised and regulated by the Financial Services Authority (FSA reference no: 150892 www.fsa.gov.uk). The Society is a member of the Building Societies Association. This site is intended for UK residents only. Coventry Building Society. Registered Office: Economic House, PO Box 9, High Street, Coventry CV1 5QN.

Our advisors are available Monday to Friday 8am-8pm, Saturday 9am-5pm, Sunday 10am-4pm, telephone self-service available 24 hours a day, 365 days a year. Contact your service provider for details of call charges, as costs may vary. To maintain a quality service, calls made to and from Coventry Building Society may be monitored and recorded.