Co-operative Bank
Co-operative Bank
Having moved to an ethical stance in 1992, Co-operative Bank now tops the Business in The Community Corporate Responsibility Index. It is not afraid to turn away business due to ethical reasons, and this is reflected in the details of its products:
- Co-operative Credit Card – A credit card which donates 1.25p to good causes and campaigning for every £100 spent, at no cost to the customer, and with payment access from both phone and Internet banking. Compare Credit Cards.
- Co-operative Mortgage – Suitable for new buyers, moving home, or simply switching mortgage, with no valuation or legal fees if you’re remortgaging (conditions apply) and easy application by phone or at a branch.
- Co-operative Loans – Personal, flexible, and career development loans. Career development loans offer between £300 and £8,000 to go towards funding learning and study. For a comparison of the UK’s leading loans, use our online loan calculator.
- Insurance for every part of life, whether it is car insurance, home insurance, or travel insurance. Packages are also available for life or income and health.
- Investment and savings accounts for all ages, including Privilege and Privilege Premier accounts for discounts and deals with ethical and specialist products. Also included are an array of ISAs, Child Trust Funds, Unit Trusts, and bonds.
Review of Co-operative Bank
The Co-operative Bank, as part of the Co-operative Group plc, was the first bank in the world to implement a customer-driven Ethical Policy in 1992. Its roots go back to 1872, and it has since grown with 32 branches now established across the country.
Its values reflect its customers, with the Co-operative bank offering choice of ethical investment and how money is used, with social responsibility underlying its decisions. This ethical dimensions represents the heritage of the Co-operative Bank as a whole.