Skip to main content

Is it safe? / Furness BS

Is Furness BS safe?

Yes — Furness BS is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Furness Building Society banking licence (Furness Building Society (mutual)).

Protection

FSCS to £120,000

Licence holder

Furness Building Society

Parent company

Furness Building Society (mutual)

Furness BS's current savings rates

  • 5 Year Fixed Rate Bond4.75% AER
  • 5 Year Fixed Rate Monthly Income Bond4.75% AER

From the daily rates scrape. Compare every provider →

Worth knowing

FSCS also covers temporary high balances (house sale, inheritance) up to £1.4m for six months (raised December 2025). Compensation is automatic if a firm fails — typically paid within seven days.

Is Furness BS safe? FSCS protection | StoozeMax