Community Directplus Account

A free business banking account for registered charities, co-operatives and credit unions.

Our Community Directplus account gives registered charities, community interest companies, co-operatives and credit unions an ethical way to bank for free.

With Community Directplus, you can take advantage of:

Free day-to-day banking
Our online, telephone and postal banking services to manage your money, plus the freedom to use our network of Co-operative Bank branches and the Post Office®
The opportunity to apply for project funding from our Customer Donation Fund
Easy switching of your Direct Debits and standing orders through our Current Account Switching Service
The Co-operative Bank reserves the right to review the account tariff for customers whose credit turnover exceeds £1m per annum, who deposit more than £100,000 cash per annum, or who deposit more than 5,000 cheques per annum.

The Co-operative Bank's Community Direct Plus account is the two times winner of the Money Facts Best Charity Banking Provider award for 2016 to 2018

To apply, you and the key parties need to be:

Aged 18 or over
Free from County Court Judgements (CCJs), bankruptcy and IVAs over the last 6 years
Free from missed payments on any personal credit obligations in the last 6 years
A UK resident with a business address in the UK

Your organisation must be:

A registered charity, a co–operative or community benefit society registered with the FCA, a credit union or a community interest company
Not exceeding any of the following annual account limits: credit turnover exceeds £1million, deposit more than £100,000 in cash or deposit more than 5,000 cheques.

If your organisation is a limited company you must adhere to the following criteria: the directors have never been disqualified, the business has never been subject to insolvency or an intention to dissolve, the business has not had a negative net worth in the last set of financial accounts.

Ready to apply?

Your application is subject to status and based on an assessment of your financial circumstances.

Please ensure you read the important documents below and save copies of them for future reference

Apply now

Important documents

Business account terms and conditions

Download PDF (238KB)

Community Directplus Tariff

Download PDF (495KB)

Standards of Lending Practice

Download PDF (74KB)

How we use your personal information

Download PDF (639KB)

FSCS Information Sheet and Exclusions List

Download PDF (3.6MB)

The Co-operative Bank reserves the right to decline any application.

Whether we can offer you credit depends on your circumstances and our lending policy. We may decline your application based on your circumstances or our lending policy. We may be able to offer a product that's different to the one advertised.

smile, The Co-operative Bank and Britannia are trading names of The Co-operative Bank plc, which is a member of the Financial Services Compensation Scheme (FSCS).