Is it safe? / Hanley Economic BS
Is Hanley Economic BS safe?
Yes — Hanley Economic BS is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Hanley Economic Building Society banking licence (Hanley Economic Building Society (mutual)).
Protection
FSCS to £120,000
Licence holder
Hanley Economic Building Society
Parent company
Hanley Economic Building Society (mutual)
Hanley Economic BS's current savings rates
- Dual Access Saver Issue 34% 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.