28 November 2025

FSCS Protection Now £120,000 | Pentecostal Community Bank Announcement

Your savings are now protected up to £120,000 under the FSCS.

From 1 December, the Financial Services Compensation Scheme (FSCS) has increased its deposit protection limit from £85,000 to £120,000 per person, per authorised institution.
This is the largest rise in saver protection for more than a decade and offers an even stronger safeguard for people across the UK.

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What this means for you

As a fully FSCS-protected institution, this enhanced protection applies to all our members:
• £120,000 protection per person
• £240,000 protection for joint accounts
• Coverage applies per institution, meaning your money with us is protected up to the full new limit
• Protection activates automatically if a bank, building society or credit union were ever to fail

Your savings remain covered by the strongest statutory protection framework in the UK.

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Why this matters

At a time when households and savers are focused on rebuilding financial resilience, this increase provides more security and peace of mind.
For our members, it strengthens confidence that your money is safe, secure, and working for you.

We remain committed to:
• safeguarding your savings,
• supporting your financial wellbeing, and
• helping you build a stronger financial future.

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Need more information?

If you would like to understand how the new limit affects your individual savings, our team is here to help.

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