Being an ethical bank is about more than who we provide banking services to.
It’s about actively supporting businesses and organisations that are in tune with our values and ethics and those of our customers. And it’s about designing products and services that reflect our values and ethics in the way we treat our customers. The Co-operative Bank therefore seeks to provide products and services that reflect the values and ethics that we and our customers believe in.
Our commitments ensure we are:
Existing mortgage customer product switch applications received from 2nd May 2018 up to and including 31 December 2021 will be eligible for a £5 Centrepoint charity donation, on completion. Other transactions relating to existing mortgages including a further advance, porting of an existing mortgage or change of borrower, are not eligible for the donation at this time. The Bank makes a payment to Centrepoint quarterly, for eligible completions during the previous quarter.
The £5 donation will be made for each eligible mortgage sold through direct and intermediary channels i.e. it applies to the Bank’s Britannia and Platform branded mortgages. Britannia and Platform are trading names of The Co-operative Bank p.l.c. The Bank reserves the right to change or withdraw the donation arrangement at any time.
Centrepoint is a registered charity in England and Wales, No. 292411.