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Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". [3] It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union [4] before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. [5]
To check your account balance at an ATM, insert your debit or ATM card, enter your Personal Identification Number (PIN) and select “balance inquiry” or a similar option.
Co-op member-owners have access to a range of discounts, offers and lower member prices. As part-owners in the co-operative, members also have a say in business decisions and can help to support communities across the UK and Isle of Man. [99] [100] In 2019, a new Co-op app was launched with weekly member offers and discounts. [101]
The Co-operative Bank p.l.c. [1] is a British retail and commercial bank based in Manchester, England.Established as a bank for co-operators and co-operatives following the principles of the Rochdale Pioneers, the business evolved in the 20th century into a mid-sized British high street bank, operating throughout the UK mainland.
In Britain the number of active credit unions fell from 565 in 2004 to 390 in 2012; some merged, but others became insolvent. Six ceased trading in 2012, and at least eight had ceased in 2013 by the end of July. [12] However, the number of members has increased from 1.04 million in 2012 to 2 million in 2018. [12] [19]
Co-operative Banking Group Limited (originally Co-operative Financial Services) [1] was a UK-based banking and insurance company and a wholly owned subsidiary of The Co-operative Group. Established in 2002, its head office was located at the CIS Tower , Miller Street, Manchester .
Registered under the Co-operative and Community Benefit Societies Act 2014, [1] the Society is a member of Co-operatives UK (formerly the Co-operative Union), the Co-operative Group (formerly Co-operative Wholesale Society) and its national buying scheme, the Federal Retail Trading Services.
On the merger with Co-operative Financial Services, members of the former Britannia Building Society became members of the Co-operative Group. The membership reward scheme was replaced with the Co-operative Membership scheme on 31 December 2009, when members began to earn dividend based on their account holding and borrowing with Britannia.