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How will the FSCS cover apply after the merger?

April 26, 2017cover FSCS merger

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How will the FSCS cover apply after the merger?

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In 2008 the Financial Services Authority (FSA) introduced temporary rules which allow separate compensation cover for customers with deposits in two merging building societies. In June 2009 these rules were extended to 30 December 2010. Read our Financial Services Compensation Scheme information leaflet for more information about your FSCS cover when the Yorkshire & Chelsea merge.