Your business savings are safe with the Marsden

Financial security isn’t just about growing your business savings; it’s knowing your money is protected and your business can plan ahead. Eligible deposits with Marsden Building Society are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS).

What does this mean for my business savings?

It means, that in the unlikely event a bank or building society fails, the FSCS will compensate you up to £120,000, per authorised firm. Please note that small businesses, limited companies and charities will need to meet certain eligibility criteria to claim compensation with FSCS. More information can be found on the FSCS’s Small Business & Limited Companies page (External).

The deposit limit increased from £85,000 to £120,000 in December 2025, following a review of the FSCS deposit compensation limit by the Prudential Regulation Authority. This increase is intended to give savers reassurance and protection.  You can read more about the scheme on the FSCS website (External). 

How else does the Marsden keep business savings safe?

Keeping your savings secure is about more than protection limits alone. We have a range of security measures in place to help business owners protect their savings and reduce the risk of fraud. 

These include:

• Always verifying the identity of all new customers
• Always asking customers to verify their identity before disclosing personal information
• Using Confirmation of Payee checks before processing any payments
• Never asking for full passwords
• Using two-factor authentication on our online platforms
• Monitoring transactions to detect fraudulent or suspicious behaviour

We also help our members stay alert to fraud risks. The Take Five campaign encourages people to stop and think whenever they receive a communication appearing to be from someone they know, or another business asking for information or requesting a payment. 

Helping businesses save with confidence

Whether you’re building a financial buffer, planning for future growth or managing day-to-day finances, knowing your savings are protected can provide peace of mind.  

If you’d like to know more about saving with the Marsden and how we help protect your business savings, please contact our Business Deposit team today.