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News Tag: credit union

November 2, 2012

North Yorkshire Credit Union in liquidation

by Jan Harris
North Yorkshire Credit Union in liquidation
The North Yorkshire Credit Union has informed its 5,000 savers that it is no longer able to meet its expenses and has been placed in liquidation. It is the sixth credit union to collapse this year, while seven credit unions failed in 2011. The North Yorkshire credit Union is regulated by the Financial Services Authority and is covered by an official compensation ...