Your eligible deposits held by a UK establishment of Yorkshire Building Society are protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme.

This limit is applied to the total of any deposits you have with the following: Yorkshire Building Society (deposits linked to an offset mortgage through our subsidiary Accord Mortgages Limited are held with Yorkshire Building Society), Chelsea Building Society and Norwich & Peterborough Building Society.


Any total deposits you hold above the limit between these brands are unlikely to be covered.

 

View the FSCS guide for further information or visit  www.fscs.org.uk

How does it work?

CBS is a participant of the FSCS. The FSCS can pay compensation to depositors if a building society is not able to meet its financial obligations.
Eligible deposits are protected up to a total of £120,000. 
This limit is the total that you are protected across all of our brands. The brands include:
Yorkshire Building Society (YBS)
Chelsea (CBS)
Norwich & Peterborough (N&P)
For example, if you had:
£70,000 in a YBS savings account
£70,000 in a CBS savings account
Total: £140,000
£20,000 of your eligible deposits may not be protected by the FSCS scheme
The limit is per person. So, for a joint account held by two eligible depositors, the maximum amount that could be claimed is £240,000 (which is £120,000 each). This limit is across all of our brands.
To learn more, read the FSCS information sheet. Or call us on  0345 744 6622*, ask at a YBS branch or agency or visit the FSCS website.