Derbyshire BS

  • nivit
  • 19/10/08 31/05/09
  • a depositor
  • Offline
Posted: Mon, 02/02/2009 - 11:56

To all ex-Derbyshire depositors, especially those who have expressed their concern at the apparent lack of representation of the Derbyshire BS group. Please view and comment on the recent postings within that group.

[ng:] Addition - the Group is at http://chat.ksfiomdepositors.org/group/derbyshire-bs

5
Your rating: None Average: 5 (2 votes)

Comment viewing options
Select your preferred way to display the comments and click "Save settings" to activate your changes.

Deposit account held with Derbyshire IOM

  • Michael Mathew
  • 15/10/08 31/05/09
  • a depositor
  • Offline
  • Wed, 04/02/2009 - 17:41

My wife and I, both in our sixties had accounts with Derbyshire IOM and saw no reason to withdraw our money after the Kaupthing S & F buy out. Why would we? The bank rating agencies did not indicate heightened risk and Kaupthing was associated with a long-standing City of London institution (Singer & Friedlander). Perhaps we should have done our homework with Kaupthing but it was the no 1 Icelandic bank and it did offer a parent guarantee to cover 100% of deposits. This is no cliche, we have literally lost our life's savings. I am having to return to work (self employed) to scrape a few pounds together something I never intended to do after over 40 years working.