Public Sector Reserve Account
The Co-operative Bank has years’ of experience developing products and services to meet the unique needs of the Public Sector. Currently we provide tailored financial solutions for more than a third of this market segment in the UK.
The Public Sector Reserve Account is particularly suitable for public organisations or Local Authorities that have a large sum to invest and offers some of the best interest rates on the market.
The Public Sector Reserve Account is:
Competitive
- the deposit account attracts highly competitive interest rates
Flexible
- invest any amount – there is no maximum limit
- tiered interest rates means you are paid the higher rate on the whole balance
- interest is calculated daily and paid monthly
- enjoy instant access, without a loss of interest.
Convenient
- access your money easily via telephone and online banking
- make deposits by post, internal balance transfers, BACS and CHAPS
- transfer funds instantly between all linked Co-operative Bank business accounts
You also have the added advantage of having a Relationship Manager dedicated to your organisation, which means expert advice you can rely on is always a phone call away.
If you have any queries about the Public Sector Reserve Account, or would like to apply, please contact your Relationship Manager or call 0161 829 4008.
The Co-operative Bank is a member of the Financial Services Compensation Scheme (FSCS), which would pay compensation to eligible customers in the unlikely event of the Bank becoming insolvent. Find out more.
