Is it safe? / Hinckley & Rugby BS

Is Hinckley & Rugby BS safe?

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

Protection

FSCS to £120,000

Licence holder

Hinckley & Rugby Building Society

Parent company

Hinckley & Rugby Building Society (mutual)

Hinckley & Rugby BS's current savings rates

5 Year Fixed Rate Bond - Issue 424.82% AER
Fixed Rate Bond until 30 November 20284.76% 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.