The Co-operative Bank
Showing support for Merseyside
The Co-operative Bank’s Community Directplus current account could give charities, community groups and voluntary organisations an ethical way to bank for free.
Free banking means:
• no charges for customers with a credit turnover of up to £1m per annum and who deposit up to £100,000 cash and up to 5,000 cheques per annum. Charges apply for exceeding these limits and for any special services such as stopping cheques, CHAPS payments etc. Please refer to the tariff for full details, available on The Co-operative Bank website
• interest paid on credit balances of £2,000 or more to help boost your savings
• the freedom to manage your account however it suits you – in-branch, online, over the phone, by post or by arrangement at your local Post Office®
• the chance to apply for extra funding from our Customer Donation Fund.
All Community Directplus customers can apply for extra funding to support a special project. This is how the fund grows - for every £100 increase in collective deposits by account holders, 20p is added to the Customer Donation Fund. Then every year, The Bank awards donations between £500 - £1,000 to successful applicants.
Since 2003 the Customer Donation Fund has donated over £619,850 to 721 organisations, and The Co-operative Bank promises to award a minimum of £5,000 twice a year.
Supporting organisations in your area
Based in Liverpool, award-winning theatre company 20 Stories High creates bold, contemporary and imaginative theatre with, and for, young people aged 13-30. The company received £1,000 from the bank’s Customer Donation Fund.
“We are always looking to develop new projects so when we received the award from the bank’s Customer Donation Fund it gave us all a real boost – we were very pleased,” said Leanne Jones, Participation Manager.
“The Fund gives Co-operative Bank customers the opportunity to undertake projects that help to support their local organisations. It also tangibly demonstrates one of the unique ways in which the bank supports its customers and that is fantastic”.
Ethics in action
The Co-operative Bank has been looking after customers’ money since 1872. Uniquely, we are still the only UK high street bank with a customer-led Ethical Policy, which gives our customers a say in who we will and will not finance with their money. The Bank is run in accordance to the co-operative principles of value, fairness and social responsibility.
Find out more
For more information on the Community Directplus current account and the Customer Donation Fund, talk to The Co-operative Bank on 0800 783 4741 8:30am-6pm Monday to Thursday, 8:30am-5pm on Fridays and 9am-midday Saturday.
The Co-operative Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No.121885) and holds an Interim Permission in respect of consumer credit activities and subscribes to the Lending Code and the Financial Ombudsman Service.
The Co-operative Bank p.l.c., P.O. Box 101, 1 Balloon Street, Manchester M60 4EP. Registered in England and Wales No. 990937.
The Co-operative Bank reserves the right to decline any application.
Calls may be monitored or recorded for security and training purposes. Calls to 0800 numbers are free from UK landlines. Calls from mobiles may vary and you may want to check this with your service provider.
Information correct as at June 2014.