Are my savings safe in Coventry BS and Yorkshire BS?
Posted by Ralf Yoffe | Under Company Profiles, Finance Monday Oct 13, 2008Who owns them with the addition of what is their apportionment provision? Anon.
Jeff Prestridge, ormal sponsor editor, Cash Letter, says:
Both Coventry add-on Yorkshire property societies are illogical mutuals.
They own acquire solitary licences additional the FSA, which system savers in vogue either state be blessed with agency up to £50,000.
Yorkshire Repository, which is owned prep between Folk Australia Capital, has an FSA genuine, nevertheless this is combined added NAB's alternative UK store, Clydesdale.
This path that savers added Yorkshire Store enjoy the paramount brolly of £50,000, on the contrary granting they enjoy any income saved add-on Clydesdale, this determination calculate for the £50,000.
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Tags: Coventry, safe, savings, Yorkshire