Co-operative Bank (Uganda)
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Co-operative Bank (Uganda)
Co-operative Bank or Cooperative Bank may refer to: * The Co-operative Bank, a bank in the United Kingdom * Coop Bank, a bank operated by Coop amba in Denmark. * The Co-operative Bank (New Zealand), New Zealand bank, formerly known as PSIS * Co-operative Bank Ltd, Myanmar bank * Cooperative Bank of Kenya, Kenyan bank * Cooperative Bank of Misamis Oriental, Philippine bank * Cooperative Bank of Tarlac, Philippine bank * Cooperative Desjardins Bank, Cooperative financial group, Québec * Cooperative banks in Germany, see Bundesverband der Deutschen Volksbanken und Raiffeisenbanken * Coop Bank (Switzerland), founded by the Coop and now owned by the Basler Kantonalbank * OP Financial Group, in which “OP” stands for “osuuspankki”, meaning “cooperative bank” in Finnish Other uses * Co-operative Permanent Building Society, earlier name of Nationwide Building Society in the UK * The Co-operative Credit Union, a savings and loans co-operative in the UK See also * Credit unio ...
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The Co-operative Bank
The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. The Co-operative Bank is the only UK high street bank with a customer-led Ethical Policy which is incorporated into the Bank's Articles of Association. The Ethical Policy was introduced in 1992 and incorporated into the Bank's constitution in 2013. The Ethical Policy was revised and expanded in 2015 in line with over 320,000 customer responses to a poll. The latest Values and Ethics report was published in May 2020. The Bank does not provide banking services to organisations that conflict with customers’ views on a comprehensive range of issues, for example: human rights, environmental stability, international development and animal welfare, or those involved in irresponsible gambling or payday lending as stated in its ethical policy. Despite its name, the bank has never been a cooperative itself, although it was partly owned by The Co-operat ...
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Coop (Switzerland)
Coop () is one of Switzerland's largest retail and wholesale companies. It is structured in the form of a cooperative society with around 2.5 million members. As of 2019, Coop operates 2,478 shops and employs more than 90,000 people in Switzerland. According to Bio Suisse, the Swiss organic producers' association, Coop accounts for half of all the organic food sold in Switzerland. In June 2011, independent German rating agency Oekom Research awarded Coop with the title of "World's Most Sustainable Retailer". Coop has three primary brands with a sustainability selling proposition: Coop Oecoplan (various daily life products), Coop Naturaline (textile products) and Coop Naturaplan (food). The company also sells products bearing the Max Havelaar Fairtrade label. Coop also has a low-cost product line, "Prix Garantie". Coop owns the Swiss chocolate company Halba. Coop publishes a weekly magazine called ''Coopzeitung'' (in German), ''Coopération'' (in French) and ''Cooperazione' ...
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Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ...
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Credit Union
A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including deposit accounts, provision of Credit (finance), credit, and other financial services. In several African countries, credit unions are commonly referred to as SACCOs (Savings and Credit Co-Operative Societies). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 274 million, with nearly 40 million members having been added since 2016. Leading up to the financial crisis of 2007–2008, commercial banks engaged in approximately five times more subprime lending relative t ...
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The Co-operative Credit Union
The Co-op Credit Union is a not-for-profit member-owned financial co-operative, based in Manchester and operating throughout the United Kingdom. Thousands of its members all over the UK have access to affordable loans and savings products as well as member offers and financial wellbeing support. Membership is free. Members must save a minimum of £10/month with the credit union. Members can participate in the running of the credit union. Members elect the directors, vote on share dividend and can become actively involved as volunteers. Established in 1998, the credit union is a member of the Association of British Credit Unions. In 2012, it adopted the national co-operative brand. History In 1997, the Head of Strategy at The Co-operative Group, approached the Manchester Headquarters Staff Council with a proposal that it act as a steering group to oversee the creation of a credit union for employees of the various members of "the co-operative family" in Greater Manchester ...
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Nationwide Building Society
Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 16 million members. Its headquarters are in Swindon, England. Nationwide is made up of around 250 different building societies. Among the most significant mergers were those with the Anglia Building Society in 1987 and the Portman Building Society in 2007. It is now the second largest provider of household savings and mortgages in the UK and has a 10.3% market share of Current account (banking), current accounts for the 2021/2022 financial year. For the financial year 2021/2022, Nationwide had assets of around £272.4 billion compared to £483 billion for the entire building society sector, making it larger than the remaining 42 British building societies combined. It is a member of the Building Societies Association, the Council of Mortgage Lenders and Co-operatives UK. History The Society's ori ...
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Co-operative Permanent Building Society
The Co-operative Permanent Building Society was a mutual building society, providing mortgages and savings accounts to its members. Its head office was located at New Oxford House in London.Mutuals Public Register
(No. 141B) Financial Services Authority (retrieved 17 November 2009) In 1970, it was renamed the .


History


Origins 1884 - 1900

The Southern Co-operative Permanent Building Society was formed in 1884 by a group of Co-operators including Thomas Webb and Charles Cooper, initially ...
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OP Financial Group
OP Financial Group is one of the largest financial companies in Finland. It consists of 180 cooperative banks and their central organization. “OP” stands for “osuuspankki” in Finnish, literally meaning “cooperative bank”. The financial group has over 2 million customer-owners, offering retail and commercial banking services all over Finland, as well as insurance services. In 2014 the group acquired the remainder of the shares of Pohjola Bank and consolidated its services under the OP brand, shortening its name to OP from OP-Pohjola, a name it had used since 2007. OP's current headquarters are located in Vallila, Helsinki, and opened in 2015. History The company's predecessor was founded in 1891 when the fire insurance company Palovakuutus-Osakeyhtiö Pohjola commenced its operations. Pohjola Bank was listed on the Helsinki Stock Exchange in 1922, being one of the first companies to be listed in Helsinki. The first local cooperative credit societies were founded i ...
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Basler Kantonalbank
Basler Kantonalbank (Basel Cantonal Bank) is a Swiss cantonal bank that is one of the 24 cantonal banks serving Switzerland's 26 cantons. Founded in 1899, in 2019 Basler Kantonalbank had 15 branches with 842 employees; the total assets of the bank were CHF 27.305 billion. Basler Kantonalbank has a full state guarantee of its liabilities. History Since 1999, it has had a majority ownership of Bank Cler (former Coop Bank). In October 2012 the bank's CEO, Hans Rudolf Matter, resigned after 620 clients lost more than CHF 100 million in a scandal involving ASE investments. Eventually the number of affected clients grew to about 1,500. In 2013, Chairman Andreas Albrecht was forced to resign following the Swiss Financial Market Supervisory Authority (FINMA) determined that the bank had rigged sales of its own participation certificates. On 21 November 2013, BKB was ordered to pay back CHF 2.6 million ($2.9 million) that it had earned through these improper sales. Organization T ...
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Coop Bank (Switzerland)
The Co-operative Bank plc is a retail and commercial bank in the United Kingdom, with its headquarters in Balloon Street, Manchester. The Co-operative Bank is the only UK high street bank with a customer-led Ethical Policy which is incorporated into the Bank's Articles of Association. The Ethical Policy was introduced in 1992 and incorporated into the Bank's constitution in 2013. The Ethical Policy was revised and expanded in 2015 in line with over 320,000 customer responses to a poll. The latest Values and Ethics report was published in May 2020. The Bank does not provide banking services to organisations that conflict with customers’ views on a comprehensive range of issues, for example: human rights, environmental stability, international development and animal welfare, or those involved in irresponsible gambling or payday lending as stated in its ethical policy. Despite its name, the bank has never been a cooperative itself, although it was partly owned by The Co-operat ...
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Coop Amba
Coop, COOP, Co-op, or ''variation'', most often refers to: * A chicken coop or other enclosure * Cooperative or co-operative ("co-op"), an association of persons who cooperate for their mutual social, economic, and cultural benefit ** Housing cooperative, e.g., a co-op apartment in a co-op apartment building ** Building cooperative ** Food cooperative or "food co-op" * Prison, in slang * Cooperative video game, "co-op mode" in video games * Co-operative board game Coop, COOP or Co-op may also refer to: Arts and entertainment * ''Coop! The Music of Bob Cooper'', a 1959 album * ''The Co-op'', a 1980s singer-songwriter cooperative that formed the ''Fast Folk'' musical magazine Fictional characters * Coop (''Charmed''), a fictional character from the television series ''Charmed'' and its franchise. * Cooper Bradshaw, in the soap opera ''Guiding Light'', nicknamed "Coop" * Marissa Cooper, in the television series ''The O.C.'', nicknamed "Coop" * Coop, in the animated televisio ...
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Bundesverband Der Deutschen Volksbanken Und Raiffeisenbanken
The National Association of German Cooperative Banks (german: Bundesverband der Deutschen Volksbanken und Raiffeisenbanken, BVR) is the umbrella association for the German Cooperative Financial Group. Its origins go back to 1864 as . As of 2015 it had 1,021 members, which represents all the cooperative banks in Germany, including local cooperative banks, PSD banks, Sparda banks, Church banks and Cooperative financial institutions. The BVR represents the interests of the German Cooperative Financial Institutions at both national and international levels and coordinates and develops the joint strategy within the Network. The BVR advises and supports his members on legal, taxation, and business management issues. The Cooperative Financial Group's institutional protection scheme is Germany's oldest deposit guarantee scheme for banks and is run by the BVR. The BVR informs its member banks on economic and political developments and publishes the “Bank-Information” newsletter. Eu ...
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