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>The Co-operative Bank is, as the name suggests, a co-operative. It's no longer a co-op and its relationship with the Co-Operative Group will end later this ye
by razakel 7y ago
>The Co-operative Bank is, as the name suggests, a co-operative.
It's no longer a co-op and its relationship with the Co-Operative Group will end later this year.
- notahacker 7y agoTrue, it's only minority-owned by the Cooperative Group, though it does supposedly now also recognise the influence of an independently-founded customer cooperative on its ethical policy. [any fintech enthusiasts trying to think of a challenger bank niche the UK hasn't already got multiple heavily-marketed competing alternatives in might like to go down the ethics route...]
- thinkingemote 7y agoThe Group sold it's 1% in September 2017 and has no longer any holdings with the bank. The group still has a marketing agreement with the bank until 2020.
- razakel 7y agoEcology Building Society, Charity Bank and Triodos have pretty much sewn up the ethics market between them.