# Co-op Bank's Community Directplus makes first donations

- Link: https://fundraising.co.uk/2003/12/18/coop-bank039s-community-directplus-makes-first-donations/
- Published: 2003-12-18T00:00:00+00:00
- Author: Howard Lake

Seven charitable and community-based organisations in the UK are the first to benefit
from an innovative donation fund launched by The Co-operative Bank.
Charities from
across the country are receiving donations of between £500 and £1000 to fund special
projects ranging from the installation of wind generators to the creation of murals
in inner city schools.

The fund is part of The Co-operative Bank’s Community Directplus, a new bank account
for community organisations, charities and voluntary groups. All customers of the
Community Directplus account have the opportunity to apply for financial support
from a fund that grows in relation to deposits.

The first wave of this year’s successful applicants have been announced with seven
groups receiving their share of £5,000.

## Advertisement

 [⌊Posthub advert. You create the campaign. We'll handle the postal journey. Get started at post-hub.co.uk.⌉](https://fundraising.co.uk/ads/posthub-20261007-300x250/)

The Community Directplus account was set up earlier in 2003 specifically to suit
the needs of community organisations, charities, voluntary organisations, social
enterprises and co-operatives. The low cost 24-hour telephone, Internet and postal
banking service will offer free banking, with no charges for cheques, standing orders,
direct debits or cash deposits/withdrawals.

In addition, for every £100 deposited in Community Directplus, 10 pence is added
to the donation fund which is then made available for customers to apply for.

The Customer Donation Fund will distribute a minimum of £5,000 every six months 
to customers that successfully apply for project funding.

 * **[New name for CAF's Common Investment Funds](https://fundraising.co.uk/2003/12/31/new-name-caf039s-common-investment-funds/)**(
   31 December 2003)
 * **[NSPCC uses Alliance & Leicester's online donations service](https://fundraising.co.uk/2004/01/14/nspcc-uses-alliance-amp-leicester039s-online-donations-service/)**(
   14 January 2004)
 * **[CAF appoints new head of investment services](https://fundraising.co.uk/2004/02/03/caf-appoints-new-head-investment-services/)**(
   3 February 2004)