Co-operative Bank expands charity and social enterprise operations
Howard Lake | 5 November 2010 | News
The Co-operative Bank is expanding its specialist charity and social enterprise operation by creating a new Scottish-based team and by doubling its North of England operation located in Manchester. These complement the Bank’s team based in London.
Debbie Wheeler, Head of Charity & Social Enterprise Banking team said: “Our ethical approach and the commitments we make to society as a co-operative have long been aligned to the voluntary sector.
“We put great emphasis on close working relationships and hope that our supportive approach will appeal to groups in the sector at a time when they are coming under pressure through impending reductions in grant funding and individuals cutting back on donations during tough economic times”.
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The Bank provides organisations with turnover of more than £1 million per year tailored banking solutions supported by a dedicated relationship manager and support team.
For those with a turnover of less than £1 million free banking is available through the Community Directplus account.
www.co-operativebank.co.uk
- Concern income down by €3 million (1 December 2010)
- Top 3000 Charities 2011/12 published (21 February 2011)
- Lloyds TSB Foundation for England and Wales’ income to remain at £25.2 million for three years (21 March 2011)
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About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.