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Community Directplus Account

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

Community Directplus Account

Our award winning 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 three times winner of the Money Facts Best Charity Banking Provider award for 2016 to 2018

Moneyfacts 5 star rating for Community Directplus Account

The Co-operative Bank's Community Direct Plus account is part of the Current account switch guarantee scheme

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 months
  • A UK resident with a business address in the UK.

Your organisation must be either:

  • 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 cheque
  • 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

To view information on charging periods and pre-notification dates please visit our account charging page.

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).

The Co-operative Bank's Business accounts are protected up to £85,000 under the Financial Services Compensation Scheme

Our service quality information

The Financial Conduct Authority requires us to publish information about our business current accounts. View our business current account service quality information.


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