Our Complaints Policy
How we handle Complaints
As a member owned organization we make every effort to make sure we live up to the standards expected from us by you, the shareholder. As and when we do get a complaint we will do everything we can to sort it out as quickly as possible. The goal is to make our unhappy owner-member a happy and satisfied owner-member.
When a customer isn’t happy with the service they received from My Community Bank Network we will use this as an opportunity to learn and improve for the benefit of all our members.
We will not always get things right but when things go wrong we will work hard to fix it as soon as possible.
The best way to tell us you are unhappy is by sending an email to firstname.lastname@example.org. If that does not work for you can still write to us the old-fashioned way on the below address:
My Community Bank
The Emerson Building
London SE1 9DU
After we’ve received a complaint, we will send you a written acknowledgement within 5 business days. Our regulatory obligation is to give you a final response within 8 weeks. We will try to issue a response within 7 or faster if possible.
Financial Ombudsman Service (FOS)
If you do not receive a final response to your complaint within 8 weeks you can escalate the complaint to the FOS. The FOS are an independent adjudicator of disputes between customers and financial service providers.
You are also able to escalate your complaint to FOS if you are unhappy with our final response. We would always encourage you to discuss any dissatisfaction with us first.
Reporting to the FCA and within the Organization
We report back on all complaints to the Financial Conduct Authority (FCA) but more importantly we will try and learn from the issues that you tell us about and try and improve the product and process for all our members.
If we’ve made a mistake we want to offer a meaningful apology. Sometimes, it’s appropriate to offer financial redress, especially if we’ve messed up in a way which has impacted your finances, but where we have made you unhappy we will offer a heartfelt apology from all of us.
In short, If you make a complaint, we will treat it seriously, make things better for you, learn how we can make improvements based on your experience, and then apply those improvements to make those things better for all of our members.