We know there may be occasions when things go wrong. As a priority we will investigate and try to establish the facts. We will explain our findings to you. Then, if we are at fault, we will work hard to resolve the matter to your satisfaction.
In all of our dealings, we are regulated by the Prudential Regulation Authority and Financial Conduct Authority.
The first step
Complaints may be made in a variety of ways, in writing by letter, fax or email or verbally by telephone or face-to-face. So, if you feel you have reason to complain about Police Credit Union or a member of our staff, please contact a senior member of our staff at your nearest branch.
If you feel that you would rather not have this dealt with at a local level or, if your complaint was not satisfactorily resolved locally, please contact our Head Office in Birmingham . We will acknowledge your complaint formally in writing. Every assistance will be offered to try to resolve this matter, in full consultation with you and any Police Credit Union staff involved.
If all else fails
In a very few cases, if a complaint really cannot be satisfied by our internal processes, you have the right to refer it to the Financial Ombudsman Service (FOS); full contact details are shown below.
FOS literature is available from any Police Credit Union local branch office. You must make contact in time for you to complete a form within six months of the date of our authorised complaints officer’s decision letter to you.
If your complaint is something that the FOS is able to deal with, their specialists will usually work with you and Police Credit Union to see if they can resolve the issue in an informal way. They’ll take a fresh, independent look at the facts and advise both parties on how they think an agreement could be reached. This is called ‘mediation’.
If mediation fails to work, one of the FOS staff (usually called an ‘adjudicator’) will begin a full investigation, looking into the case on both sides – so you and Police Credit Union may be required to provide more information. It’s only fair to say that this formal process may take some time.
The adjudicator and Ombudsman will make a final decision. Police Credit Union will honour any decision made but you would be free to contest it in a court of law – although the FOS cannot give you any advice concerning legal issues.
Ordinarily, it would never come to this; we value the goodwill of our members very highly and will do everything in our power to resolve complaints amicably.