Co-operative Bank

About

The Co-operative Bank is a UK-based financial institution founded in 1872, originally as part of the Co-operative Wholesale Society. It is headquartered in Manchester, England, and operates with a strong focus on ethical practices and community involvement. The bank is known for its customer-led Ethical Policy, introduced in 1992, which guides its business decisions and ensures alignment with customer values. This policy is unique among UK high street banks and emphasizes commitments to the planet, people, and community. The Co-operative Bank offers a range of financial services, including personal and business banking solutions. It has expanded through mergers, such as with Britannia Building Society in 2009. Despite challenges, the bank remains committed to ethical banking practices, avoiding investments in industries like fossil fuels. Recently, it was acquired by Coventry Building Society in January 2025. The bank's commitment to Environmental, Social, and Governance (ESG) practices has earned it high ratings from agencies like Sustainalytics.