Free Business Banking

Finance, Membership Benefits

The Co‑operative Bank, in partnership with Co‑operatives UK has developed a free banking account exclusively for Co‑operatives UK members. It's been designed to meet the needs of smaller, and new-start co‑operative enterprises.

Co‑operatives Directplus offers:

• Free banking*- no fees for crediting or debiting funds to or from your account and no monthly service charge
• Interest paid on credit balances over £2,000
• Preferential rates on lending services
• Great customer service, backed by five unique guarantees
• Flexible banking -via telephone, Internet, ATM machines, our bank branches and even at your local Post Office (by arrangement)

Supporting co‑operatives

We're committed to supporting new co‑operative enterprises. For every £100 increase in collective balances held by all Co‑operatives Directplus customers, the Bank will contribute 20p to the Co‑operatives UK New Start Loan Fund, which provides small loans for new co‑operative enterprises.

For more information

To find out how you can benefit from Co‑operatives Directplus, download a copy of the account brochure. 

For further information about the account, and how to apply, please visit The Co‑operative Bank web site:

www.co-operativesdirectplus.coop or call 0800 783 4741.  

 

*Free banking relates to standard transactions only. The Co‑operative Bank reserves the right to review the account tariff for customers whose credit turnover exceeds £1million per annum, who deposit more than £100,000 cash per annum, or who deposit more than 5,000 cheques per annum. Credit facilities subject to status.