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The Co-operative Bank p.l.c. [1] 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.
In 2007, the Group agreed to outsource its information systems to Xansa (now Sopra Steria).In 2008, Co-operative Financial Services was Business in the Community's Company of the Year, having been recognised at their Awards for Excellence gala dinner for making sustainable development a top priority in how it operates and in the products and services offered to its customers.
Co-op Power was a renewable energy buying business which bulk purchased energy for a range of businesses and organisations. The business also provided energy consultancy services to clients. [131] The Co-op petrol station business was sold to Asda for £600 million in August 2022, to strengthen the group's financial position. The 129 petrol ...
CU Cooperative Systems, Inc. doing business as Co-op Solutions [1] [2] (formerly d.b.a. CO-OP Financial Services), is a company that operates an interbank network connecting the ATMs of credit unions in the United States, with locations also in Canada and certain United States Navy bases overseas. It is the largest credit union-owned interbank ...
Bank Kerjasama Rakyat Malaysia Berhad: Second national cooperative bank in Malaysia founded in 1954 Crédit agricole SA: France: 52,000,000 [18] Bank (Public S.A.) Caisse Nationale de Crédit Agricol: Local banks of the group majority owned by individuals; local banks jointly-owned Crédit Agricole S.A. indirectly, via regional bank of the group
Co-operative Bank or Cooperative Bank may refer to: The Co-operative Bank, a bank in the United Kingdom; Coop Bank, a bank operated by Coop amba in Denmark. The Co-operative Bank (New Zealand), New Zealand bank, formerly known as PSIS; Co-operative Bank Ltd, Myanmar bank; Cooperative Bank of Kenya, Kenyan bank
The bank was established in 1966, initially as a cooperative society. The banking license was granted in 1968. The Kenya Government directed all cooperative societies in the country to transfer their deposits to the Co-operative Bank of Kenya and that all cooperatives buy the bank's shares.
In the first half of 2013, the Co-operative Bank (then a subsidiary of the Co-operative Group) lost £700m, making the planned expansion of the bank impossible, and raising some warning signs for the bank's customers. Later that year, in May, a £1.5bn "black hole" was found in the bank's accounts.