Image
Free business banking with The Co‑operative Bank
Share
Image
The Co‑operative Bank's Community Directplus Current Account gives registered charities, community interest companies, co‑operatives and credit unions an ethical way to bank.
Banking for co‑operatives
Through our partnership with The Co-operative Bank we are pleased to signpost to the Community Directplus Account, which is FREE to co‑operatives:
- Free everyday banking
- The opportunity to apply for project funding from our Customer Donation Fund
- The only UK bank with a customer-led Ethical Policy.
The Co-operative Bank reserves the right to review the account tariff for customers whose credit turnover exceeds £1m per annum, who deposit more than £100,000 cash per annum, or who deposit more than 5,000 cheques per annum.
Before you apply for a bank account, your co-operative needs to be registered. Make sure you have:
- Worked through the start a new co-op step-by-step process.
- Used our digital tool to register your co-op.
The Co-operative Bank
Find out about the Community DirectPlus Account
Visit The Co-operative Bank's website to check availability and start your application for a Community DirectPlus account for your new-start co-op business.
Related content
Image
Start a new co-op
Content by Business support for co-ops
This section takes you through the start-up process for setting up a co-op.
Keep track of where you're up to, and look out for sign-posts if you need more support along the way. Finally make sure…
2 years ago
3.1 Financing your co‑op
Content by Business support for co-ops
Just like any other business, co‑ops need finance for a range of activities and materials. This is particularly so at the start‑up stage, and also as the business looks to grow and change.
2 years ago