Banking News The Co Operative Expands Charity Banking Services 18471439

The Co-operative expands charity banking services
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The Co-operative expands charity banking services

05 November 2010 / by Paul Dicken

The Co-operative Bank has expanded its teams offering services to charities and social enterprises.

Already proving banking services to large charities, such as Christian Aid and Amnesty International, the bank said it was reinforcing its commitment to the sector.

A new Scottish-based team has been created, with an expanded team in Manchester and a team in London.

Debbie Wheeler, head of charity and social enterprise banking, said: “Our ethical approach and the commitments we make to society as a co-operative have long been aligned to the voluntary sector.

“We put great emphasis on close working relationships and hope that our supportive approach will appeal to groups in the sector at a time when they are coming under pressure through impending reductions in grant funding and individuals cutting back on donations during tough economic times.”

The bank hopes its expanded team will give it a broader nationwide presence and offer an alternative to traditional banks.

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Written by Editorial Team