The bank responds to your emails
We would like to assure our customers that we have enshrined co-operative values in the Bank's constitution through the articles of association and ethics will continue to underpin our business.
We remain committed to engaging with customers on our ethical Policy during 2014 and hope as many customers as possible will participate in our consultation including a vote open to customers in the spring.
If you would like to see more information, please click on the following:
We would like to take this opportunity to thank you for your continuing support.
We'd like something a bit more concrete from the new management. This doesn't tell us whether the bank will be keeping the Ethical Policy intact or using this consultation as an excuse to water it down. (We also notice that it says the Ethical Policy consultation will happen “during 2014”, rather than “in the spring” as the bank has said previously – e.g. in these recent press ads.)
Your letters help make sure the bank knows we are paying close attention to this process and won’t settle for any weakening of the ethics. We encourage you to keep the pressure on.
If you haven’t written to the bank yet, you can still do so using the web form. There’s some suggested text you can use here. And if you have written already and received a response like the one above, you could respond stressing the particular policy statements you would like the bank to keep. (For inspiration, see the bank’s policies on Human Rights, Ecological Impact, Animal Welfare, International Development and Social Enterprises – the statements themselves are in the blue boxes).
Plans on ownership
For many of our supporters the question of who owns the bank is just as important as the ethics. We’ve been busy talking to experts about how to increase our influence now and start the process of bringing the bank back into majority co-operative ownership. We think there is a real opportunity to make a difference but we need to design a plan that makes sense. So please bear with us and we will be presenting plans soon.
Let us know your thoughts
Send us an email (just press reply), share your thoughts on our forum, or via Facebook or Twitter (use #saveourbank). If you have more to say, we also welcome blogs from our supporters – send us a comment of 200 – 400 words and we will publish it on the forthcoming blog section on the website.
Support the staff
Many staff at the Co-operative Bank are worried about their jobs, and we have heard that many in the front line of customer service have had to put up with a lot of ‘jokes’ about the former Chairman’s activities, which wear thin after a while. We would urge supporters to let staff know that they support the bank and are signed up to the Save Our Bank campaign. They might not know about the campaign itself, so this can help spread the word as well as to let staff know that we’re on their side.
Help us spread the message
Please continue to spread the word to more Co-op Bank customers about the campaign.
If you're a social media user then please:
Tweet now, asking people to visit our site and sign up to the campaign:
The #CoopBank is reviewing its ethics in spring. Join the #SaveOurBank campaign to make sure the policy stays strong. http://saveourbank.coop/join
Contact your Facebook friends and ask them to sign up to the campaign:
The Co-op Bank is planning to conduct an Ethical Policy consultation this spring. Join the @SaveOurBank campaign to make sure the policy stays strong under the new owners. http://saveourbank.coop/join