Media Advisory: Crown guarantees withdrawn for the three merger partners following issue of replacement guarantee
Page updated 5 Jan 2011
Following approval of Combined Building Society under the Extended Retail Deposit Guarantee Scheme that runs until 31 December this year, the Crown today gave notice to Canterbury Building Society, Southern Cross Building Society and MARAC Finance Limited that it was withdrawing the Crown retail deposit guarantee, effective immediately upon receipt of the notice by the three financial institutions.
See the media statement: Crown guarantees withdrawn for the three merger partners following issue of replacement guarantee (5 January 2011).
