The benefits of Co‑operative Banking
Everyday community banking from The Co‑operative Bank
- FREE Banking: Community Directplus is a FREE everyday community banking account* for co‑ops, with a choice of ways to bank: online, mobile, phone, in branch or at the Post Office®
- The Co‑operative Bank understands co-ops and has a dedicated Relationship Manager, available for co‑operatives with a turnover of £2 million plus
- Customer Donation Fund: Community Directplus account holders can apply for up to £1,000 from the Customer Donation Fund for special projects and fundraising
- Business Support for Co‑ops: The Co‑operative Bank funds our programme offering expert consultancy to help people start, grow or convert to a co‑operative.
- And, thanks to our partnership, the fee for co-operatives using our registration tool is heavily subsidised thanks to funding from The Co‑operative Bank.
Ready to apply for your Co‑operative Bank Community Directplus account?*
- Get started with your application on The Co‑operative Bank’s website
- Visit your nearest branch and speak to a member of the Bank’s team
Additional tools to help support your business banking needs
The Community Directplus account* offers additional tools:
- Get free access to Go Get Paid, an app to help you do business on the go. Request payments, manage cashflow and automate financial admin
- Get 50% off Zellar, a digital platform that helps understand your impact across multiple areas of sustainability and build a plan to reduce it
- Access to the Business Exchange that provides free access to a range of tools and resources from start‑up guides and articles to free webinars and fraud education.
* The Co‑operative Bank reserves the right to review the account tariff for Community Directplus customers who exceed any one of the following annual limits: credit turnover exceeds £1 million, deposit more than £100,000 in cash, or deposit more than 5,000 cheques.
Apply for up to £1,000 from the Customer Donation Fund
Community Directplus customers can apply for a grant of up to £1,000 to support their special projects and fundraising activities.
Co‑operatives UK member Signalise successfully applied to The Co‑operative Bank’s Customer Donation Fund. Signalise is a digital platform connecting Deaf people and British Sign Language (BSL) interpreters in healthcare settings. The fund helped them invest in community outreach programmes and face-to-face events to increase engagement and membership.
“We are very grateful for the funding provided by the Bank’s Customer Donation Fund,” said Jen Bird, Business and Development Manager at Signalise. “It will enable us to host more community events with our members, improve awareness and ultimately grow as a co-operative.”
To date, the Customer Donation Fund has donated over £1.1 million to more than 1,300 community projects across the UK since 2003.
| Source: Co-operatives UK Limited, Holyoake House, Hanover Street, Manchester, M60 0AS. Registered in England as a registered society under the Co-operative and Community Benefit Societies Act 2014. Reg No. 2783R. Vat Reg. 147 8611 47 |