Greater protection for your savings
Your savings will soon be protected up to £120,000
The Financial Services Compensation Scheme (FSCS) is increasing the protection limit on your eligible deposits with us from £85,000 to £120,000 from 1 December 2025.
Why has this changed?
This deposit protection limit has not changed since 2017, and the increase is the outcome of a statutory review conducted every five years under the Deposit Guarantee Scheme Regulations 2015. The limit is being updated to keep in line with inflation.
What does this mean for you?
From 1 December 2025, the first £120,000 of savings you have with us will be protected. If you have a joint account, up to £240,000 will be protected in total.
When the new limit comes into effect you do not need to take any action to benefit from this increased deposit protection.
Read more about the changes to the FSCS limit.
Thank you for saving with us.
This limit is applied to the total of any deposits you have with the following: Family Building Society and National Counties Building Society. Any total deposits you hold above the limit between these brands are unlikely to be covered.
Do you need our help?
If you have questions or need our help please contact our friendly Family Service Team.
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