50% increase in mortgage customers making overpayments

50% increase in mortgage customers making overpayments
New figures released today by The Co-operative Bank Mortgages show that the number of mortgage customers making overpayments has increased by 50% in the last year alone.
Additional research, carried out on behalf of The Co-operative Bank Mortgages, also reveals people’s motivations behind making overpayments. The findings show that […]

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance

Rise In Young Driver Premiums Could Lead To Uninsurable Generation, Warns The Co-operative Insurance
Over the past 12 months the average cost of motor insurance for young drivers has risen by four times the rate of inflation, according to research* by The Co-operative Insurance.
Industry figures** show that in 2008, young drivers suffered an 11.5 per […]

The Co-operative Celebrates Two More Awards

The Co-operative Celebrates Two More Awards
The Co-operative Bank is celebrating after bagging two more awards, this time at the Card Awards 2009. The Woodland Trust Credit Card has been named the Best Charity Credit Card, while our Customers Who Care scheme was voted Best Corporate Social Responsibility (CSR) Programme.
These awards are a fantastic achievement for […]

the Co-operative Bank updates Ethical Policy and reveals how it has helped grow total lending

the Co-operative Bank updates Ethical Policy and reveals how it has helped grow total lending
The Co-operative Bank today (2nd February 2009) unveiled a radical new Ethical Policy. The value of business turned away since launching its ethical stance in 1992 has now passed the £1 billion mark; however, over the same period, the Bank’s total […]

The Co-operative Bank launches new tracker mortgage range

The Co-operative Bank launches new tracker mortgage range
The Co-operative Bank is launching a new tracker mortgage range on Friday 30th January. The range will include a three and five year tracker and full details are as follows:
3 Year Tracker Mortgage – Current Account Exclusive*
3 year tracker mortgage for current account holders of The […]

The Co-operative Bank and smile Top on Customer Satisfaction

The Co-operative Bank and smile Top on Customer Satisfaction
The first annual People’s Choice report from Which? Money has revealed that The Co-operative Bank and smile are among the top three overall winners when it comes to customer satisfaction .
A total of 15,000 Which? members took part in the survey; respondents were asked how satisfied […]

Britannia and Co-operative Financial Services unveil plans for super-mutual

Britannia and Co-operative Financial Services unveil plans for super-mutual
Britannia and Co-operative Financial Services Boards recommend merger to create new super-mutual as an ethical alternative to shareholder-owned banks.
Combined business to be the most diversified customer-owned business in UK financial services, strongly capitalised and with scale and strength in product, distribution and service.
Strong strategic and cultural fit […]

The Co-operative Bank to launch market leading 5 year fixed rate mortgage

The Co-operative Bank to launch market leading 5 year fixed rate mortgage
The Co-operative Bank is launching a market leading five year fixed rate mortgage this week at a rate of 4.49%*.
The new mortgage will be available from Wednesday 14 January and details are as follows:
5 year fixed rate mortgage at 4.49% for LTV up […]

Appointment of Deputy Chairman and Chairman-designate

Appointment of Deputy Chairman and Chairman-designate
16 January 2009
The Royal Bank of Scotland Group plc (”the Group”) is pleased to announce the following appointment to its Board: -
Sir Philip Hampton has been appointed as Deputy Chairman and Chairman designate with effect from 19 January 2009. As announced on 13 October 2008, Sir Tom McKillop will retire […]

RBS Welcomes UK Financial Support Package

RBS Welcomes UK Financial Support Package
19 January 2009
Commenting on the package of measures announced by the UK Government, Bank of England and Financial Services Authority this morning in support of the financial system, RBS Chief Executive, Stephen Hester said:
“A range of measures have been announced that fall broadly into support for bank asset quality, support […]