Is it safe? / Manchester BS
Is Manchester BS safe?
Yes — Manchester BS is FSCS-protected. Deposits up to £120,000 per person (£240,000 for joint accounts) are covered under the Manchester Building Society banking licence (Manchester Building Society (mutual)).
Protection
FSCS to £120,000
Licence holder
Manchester Building Society
Parent company
Manchester Building Society (mutual)
Manchester BS's current savings rates
- Manchester Rainy Day Saver4.15% 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.