Category Archives: Banking

Co-operative Bank signs agreement with the Customer Union for Ethical Banking

The Co-operative Bank has signed a formal recognition agreement with The Customer Union for Ethical Banking, an independent organisation representing thousands of Co-operative Bank customers concerned about the UK’s social and environmental issues (see coverage in The Guardian here). The Customer … Continue reading

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Landmines video: bank policy

The Customer Union for Ethical Banking, an independent organisation represents thousands of Co-operative Bank customers concerned about the UK’s social and environmental issues Its new video presents a 1997 cinema ad from the bank about the impacts of landmines, intended to … Continue reading

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Independent review finds Co-operative Bank was left “relatively defenceless” by regulators

Ryan Brightwell’s April newsletter from the Customer Union for Ethical Banking, the independent union for Co-operative Bank customers, reports that Mark Zelmer, (right) a former Canadian central banker official, was hired by the UK Treasury and the BoE’s Prudential Regulation … Continue reading

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Jewels in the co-operative crown – farmland, dairy, bank and guilds – sold or disbanded

‘ We remember with great regret the surprise sale of the profitable Birmingham Dairy in 2005, the Co-operative Group’s farmland in 2014, the closure of the Co-operative Women’s Guild in 2016, the sale of The Co-operative Travel to Thomas Cook during 2017 … Continue reading

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Save Our Bank – a history

  Ryan Brightwell (below left), who works with Banktrack in the Netherlands, is one of the founders of Save Our Bank; he writes the newsletters and compiled the history/chronology below. Wider interests are touched on in his lively Twitter page. … Continue reading

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Act on early warning signs of co-operative failure and increase the chance of survival

The international co-operative movement has seen a series of catastrophic failures of large scale co-operatives in recent decades, such as the Saskatchewan Wheat Pool, retail co-ops in Germany, France and Atlantic Canada, banking in Austria and the near meltdown of … Continue reading

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The Bank answers questions about its 2017 Values and Ethics Report

An August Save our Bank Facebook entry highlights a new survey from ClientEarth, which says: “The British public said quite clearly they want their banks and pension funds to avoid investments in fossil fuel projects and were surprised to learn that … Continue reading

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