Pollok Credit Union Limited

Reference number: 213798

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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 pcu.org.uk first appeared online, and whether it can receive email
  • What kind of line 0141 881 8731 is
  • Who else gives the postcode G53 5AB
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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.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • 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 (3 permissions)
  • Accepting Deposits
  • Debt Adjusting
  • Debt-counselling

FCA disciplinary action

FCA action

action
1
most recent
March 2012
  • Publicly censured on 26 March 2012
    Between 1 April 2008 and 31 August 2011, PCU breached Principle 2 (Skill, care and diligence) because: 1)it made a series of loans to a non-member in breach of its Procedures which stipulate that PCU can only make loans to its members; and 2)the aggregate value of the series of loans to that non-member exceeded the individual large exposure limit of 25% of the credit union's capital, in breach of the Credit Union Sourcebook (CRED) 10.4.2 R.

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

Pollok 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

2012

26 March 2012

  • FCA action: Publicly censured

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 like Pollok Credit Union

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

In Glasgow

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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 Pollok 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

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Frequently asked questions about this firm

Is Pollok Credit Union Limited FCA authorised?
Yes, Pollok Credit Union Limited (FRN 213798) 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 Pollok Credit Union’s phone number and website?
The FCA register lists the phone number 0141 881 8731 and the website pcu.org.uk for Pollok Credit Union. If you were given different contact details, use these to check with the firm before going any further.
Is Pollok Credit Union a scam or clone?
Pollok 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 Pollok Credit Union?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Pollok Credit Union to the Financial Ombudsman Service, free of charge.
Has the FCA taken action against Pollok Credit Union?
Yes. The FCA register records 1 public censure in 2012. The details are in the disciplinary section above, with links to the FCA's notices.

Sources and links

The full report on Pollok Credit Union Limited

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