1st Class Credit Union Limited

Reference number: 213700

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When 1stclasscu.co.uk first appeared online, and whether it can receive email
  • What kind of line 0141 552 8408 is
  • Who else gives the postcode G73 1DL
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Other names (1)

If you were contacted under any of these names, it is this firm.

  • Scottish Postal Workers Credit Union Limited Former name: A name it was registered under before.

FCA permissions and consumer protection

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (7 permissions)
  • Accepting Deposits
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Advising on P2P agreements
  • Arranging (bringing about) deals in investments
  • Assisting in the administration and performance of a contract of insurance
  • Dealing in investments as agent
  • Making arrangements with a view to transactions in investments

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Key dates in its history

1st Class Credit Union’s history from the FCA register and Companies House, newest first.

2023

6 November 2023

  • FCA recorded a standard requirement (Financial Promotions for own firm, ARs and other members of the group)

FCA register

2013

1 April 2013

  • Regulated by the FCA from this date
  • Regulated by the Prudential Regulation Authority from this date

FCA register

31 March 2013

  • No longer regulated by the Financial Services Authority

FCA register

2007

26 July 2007

  • Changed its registered name from "Scottish Postal Workers Credit Union Limited"

FCA register

2002

2 July 2002

  • Became authorised by the FCA

FCA register

24 June 2002

  • Regulated by the Financial Services Authority from this date

FCA register

Director appointments and resignations, and trading names, appear under All events.

Firms connected to 1st Class Credit Union

Other FCA-listed firms that share a director, phone number or address with 1st Class Credit Union. A link shows who the firm is tied to, not whether either can be trusted.

connected firm
1
share its postcode
1

In the full report: the connected firm, named

  • How it is linked: the same postcode (1)
  • Who links it to this firm: the named directors, with dates
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Firms like 1st Class Credit Union

Other firms of the same type (bank or building society), nearest first.

In Glasgow

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on 1st Class Credit Union

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 3 background checks on its contact details
  • All 7 events in its history
  • 1 connected firm, named, and who links them

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Frequently asked questions about this firm

Is 1st Class Credit Union Limited FCA authorised?
Yes, 1st Class Credit Union Limited (FRN 213700) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since July 2002 and works as a bank or building society. The FCA has placed no limits on its permissions.
What is 1st Class Credit Union’s phone number and website?
The FCA register lists the phone number 0141 552 8408 and the website 1stclasscu.co.uk for 1st Class Credit Union. If you were given different contact details, use these to check with the firm before going any further.
Is 1st Class Credit Union a scam or clone?
1st Class Credit Union is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with 1st Class Credit Union?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about 1st Class Credit Union to the Financial Ombudsman Service, free of charge.
Does 1st Class Credit Union use any other names?
It has previously used the name Scottish Postal Workers Credit Union Limited.

Sources and links

The full report on 1st Class Credit Union Limited

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