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
View this account’s current interest rates

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 5175.