What does PCF Bank stand for?
General Information. Overview. PCF Bank was born out of the old Private & Commercial Finance Group, which has been lending in the UK since 1994. The Bank provides finance for vehicles, plant and equipment for 70,000 customers.
Is PCF Bank in trouble?
The bank does not appear to be in financial trouble and savers' deposits are protected by the Financial Services Compensation Scheme. It added on Friday that chief executive Scott Maybury, who had been with the financial firm since it was founded in 1994, had resigned with immediate effect.
Is PCF Bank covered by FSCS?
Any money that you save with PCF Bank is protected by the Financial Services Compensation Scheme. This protects eligible deposits up to a max of £85,000 per person.