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The Co-operative Bank plc is a British retail and commercial bank based in Manchester, England. Established as a bank for co-operators and co-operatives following the principles of the Rochdale Pioneers, the business evolved in the 20th century into a mid-sized British high street bank, operating throughout the UK mainland.
The Co-operative Bank. Website. www .smile .co .uk. Smile is a British banking brand that operates as a trading division of The Co-operative Bank. It started as the UK's first fully digital bank in 1999, [1] offering full-service current accounts, savings, ISAs, investments and credit cards.
Cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote. Co-operative banks are often regulated under both banking and cooperative legislation. They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money ...
The Co-operative Bank head office building at 1 Balloon Street, Manchester, England. The Co-operative Bank severed its ownership link with the Co-operative Group in September 2017. The bank had been a wholly owned subsidiary until 2014 when the group was forced to sell the majority of its holding to US hedge fund investors to raise funds for ...
Co-operative Banking Group. Co-operative Banking Group Limited (originally Co-operative Financial Services) [1] was a UK-based banking and insurance company and a wholly owned subsidiary of The Co-operative Group. Established in 2002, its head office was located at the CIS Tower, Miller Street, Manchester . It was mainly known through its two ...
The Co-op Credit Union is a not-for-profit member-owned financial co-operative, based in Manchester and operating throughout the United Kingdom. Thousands of its members all over the UK have access to affordable loans and savings products as well as member offers and financial wellbeing support. Membership is free.
Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution [2] and the largest building society in the world with over 16 million members. [3] Its headquarters are in Swindon, England. Nationwide is made up of around 250 different building societies.
In 2009, following the UK bank rescue package, the Government of the United Kingdom took a 43.4% stake in Lloyds Banking Group, which later announced that it would sell a standalone retail banking business of 632 branches and most accounts held at those branches in order to comply with European Commission state aid requirements.