Regulation
How we are regulated
Riverside Credit Union Ltd is authorised and regulated by the Prudential Regulatory Authority.
Riverside Credit Union is regulated by the Financial Conduct Authority https://www.fca.org.uk/. Registered Number: 214245
Riverside Credit Union is covered by the Financial Services Compensation Scheme (FSCS) https://www.fscs.org.uk/.
Riverside Credit Union belongs to the Financial Ombudsman Service together with banks and building societies.
Riverside Credit Union Ltd is a member of the Association of British Credit Unions (ABCUL).
Your savings are insured at no cost to you. Read more information here: https://cunamutual.co.uk/loan-protection-insurance-uk/.
Our day to day management
A Supervisory Committee, who are Credit Union members, keep an eye on day-to-day management.
Annual audits are carried out by an independent auditor, who reports to the members at the Annual General Meeting.
Annual Report & Accounts are always available to members.