United Trust Bank is a member of the Financial Services Compensation Scheme (FSCS). If a bank or building society is unable to meet its financial obligations, the FSCS will pay each eligible depositor up to £85,000. The £85,000 limit is the combined amount in all the eligible depositor’s accounts with the bank, including their share of any joint account, and not to each separate account. Where an account is held in joint names, each account holder is treated as having a claim in respect of their share. i.e. 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).
For further information, please go to www.fscs.org.uk.
Download our Depositor Protection Information Sheet and Exclusions List and retain for your records.