Central Banks

The Co-operative Bank

The Cooperative Bank is a financial institution located in London, England. They specialize in providing financial services to their customers, with a focus on central banking. As a trusted institution, they are committed to providing high-quality services to their clients.

Introduction to The Cooperative Bank

The Cooperative Bank is a financial services provider based in London, England. Established in 1872, it has a rich history of supporting ethical and socially responsible banking practices. The bank's unique selling point is its commitment to being a cooperative, meaning it is owned by its customers and operates with a focus on their needs.

Services & products

The Cooperative Bank offers a range of financial services, including current accounts, savings accounts, mortgages, loans, and credit cards. Customers can also access online banking, mobile banking, and a range of financial planning tools.

Location

Located on Islington High Street in London, The Cooperative Bank is surrounded by a vibrant mix of independent shops, cafes, and restaurants. The area is known for its creative and cultural scene, and visitors can expect to find a range of galleries and theaters nearby. The closest public transportation options are the Angel tube station (0.2 miles), Essex Road train station (0.6 miles), and Highbury & Islington tube and overground station (0.8 miles).

Benefits

Customers who choose The Cooperative Bank can benefit from its focus on ethical banking practices and customer ownership. The bank also offers competitive rates on its products and a range of online banking tools to help customers manage their finances.

Good to know

Customers should be aware that as a cooperative, The Cooperative Bank operates with a focus on its members rather than shareholders, which can impact decision-making and the availability of certain products.

Reviews

Customers praise The Cooperative Bank for its commitment to ethical banking practices and its range of financial products. However, some have noted that the bank's online and mobile banking tools could be more user-friendly.

Amenities

atm
bank branch
online banking
loan services
investment services
credit card services
financial planning services
money transfer services
currency exchange services
mobile banking
insurance services

FAQ

What is the primary role of your Central Bank in the financial sector?

Our Central Bank, The Cooperative Bank, primarily focuses on maintaining financial stability and regulating financial institutions in the region. We aim to ensure that the financial sector operates smoothly and remains secure for all stakeholders involved.

How does your Central Bank impact the economy of the region/country?

Our Central Bank plays a crucial role in the economy of the region by regulating and supervising financial institutions. We also provide different financial services to businesses and individuals, which help in boosting the overall economic growth of the country.

What types of financial services does your Central Bank offer to businesses and individuals?

As a Central Bank, we offer a range of financial services to businesses and individuals. These include deposit accounts, loans, overdraft facilities, and other banking services. Additionally, we also offer financial advice and consultation to help our customers make informed financial decisions.

How does your Central Bank regulate and supervise financial institutions operating in the region/country?

Our Central Bank regulates and supervises financial institutions by setting up prudential rules and regulations that must be followed by all financial institutions operating in the region/country. We also conduct regular audits and inspections to ensure that financial institutions comply with these rules and regulations.

What measures does your Central Bank take to ensure financial stability and mitigate risks in the banking system?

To ensure financial stability and mitigate risks in the banking system, our Central Bank takes several measures. These include setting up strict capital requirements for financial institutions, conducting regular stress tests, and monitoring the overall financial health of the banking system. We also work closely with other regulatory authorities to identify and mitigate systemic risks that could impact the stability of the financial sector.

Reviews

David Curtis

Worst banking corporation in Britain DO NOT BANK WITH THE CO-OP

24-05-2023
Hiwa Ahmed

Very bad customer service on telephone banking, I spoke with (Lisa) today 22/05/23 she was asking many stupid question! she also refused to speak with her boss! as I wasn’t happy with her to continue my conversation!!! I asked her to close my bank straightaway with Co-operative…

22-05-2023
Sabina Collins

If I could rate this bank a negative number I would ,honestly wouldn’t recommend this bank slow technology and somehow the banking app NEVER WORKS. I’ve called to discuss matters about my accounts been on hold for 20+ minutes as well as that sending and receiving money takes literal years, decades maybe even a century. No joke also you spending history is totally wrong . I’m tired of them WOULDN’T RECOMMEND ANYONE TO BANK WITH THIS BANK EVEN IF I GOT PAID TOO . I will be leaving as soon as they decide to pick up their phone . Please please do not even think of banking with these people

27-04-2023
Bita Behbehani

Good service and good customer relationship nice people .

27-12-2022
B

Good

27-12-2022
Dominika X

27-09-2022
Andres Felipe

Friendly staff and great service

27-05-2022
St James Church, London, United Kingdom England (None)

Derek.R.Defearon Esq, says A.B.C. & confidentiality Brian Staley's ?

27-05-2022
Martin Easy

Very helpful and I was pleased to see that all the counters were open and serving customers

27-05-2022
Quan Chi

60 minutes to get through. Thats not because you are very busy at the moment, thats because you don't have enough call handlers. If you think 60 min wait time is ever acceptable then you have no grasp or interest in customer service.

27-05-2022