Presbyterian Mutual society

I had a thought about of the collapse of the Presbyterian Mutual society

sometime ago I remember an announcement that the Assembly had given the Presbyterians £1million odd (cant remember the exact figure) to help them renovate the Presbyterian Assembly (you know the building with the spires shopping centre at the bottom of it) well I wonder if they got the money and put it in the Mutual society bank, because if they did it's not there now................................mmmmmmmmmmmmmmmm

Now who's going to pay for that again???? Interesting how NI is affected by the rest of the world. As a mutual society I believe it does not have the same protection as a bank and so depositors do not have £50,000 cover on any losses. But you might need to check that out.

How's the Assesmbly going to sort that one out? I believe there is a petition to give the mutual society the same protection as the banks but that is not going to help those who have lost money in the mean time. ...................................................so there it goes in Northern Ireland we are more likely to get a divorce than change our bank accounts maybe it's time for the worm to turn?????????????????????????????

http://www.moneymadeclear.gov.uk/ anyway go to the website if you have any money worries.