Thanks for joining the Save Our Bank campaign. This email is to bring you up to date, particularly in the aftermath of the announcements and extensive media coverage on Monday 4th.

Latest announcements

The announcement by the Co-operative Group on Monday confirmed that the recapitalisation plan would leave just 30% of the bank in co-operative ownership. This is as we expected and feared. There was also bad news for staff with likely job losses and branch closures.

There were some small encouraging signs however: in particular a commitment to conduct an ethical policy review and a suggestion that the Co-operative Group might increase its shareholding.

Since the campaign launched we have received many hundreds of comments and suggestions. You can read the campaign response to the announcements on the website here. Our focus is:

  • Substance and detail on ethical policy
  • Explore and consult on ways to regain co-operative control
We continue to say: Don't switch yet, join our campaign

What you can do

It's vital that we keep momentum. Our message has only got through to a small minority of our potential supporters. We've had media coverage, but not enough.

Please help by spreading the message. Ask friends, colleagues, family members to join the campaign. Anyone who cares that we have a different kind of bank that behaves ethically in the future.

Twitter users, please follow @saveourbank and #SaveOurBank. Publicise the address as much as possible.

Facebook users please like our Facebook page and share with your friends and followers. Ask them to join the campaign at


We want to hear from you

Thanks to everyone who has given their input on the priorities for the campaign. If you haven't already done so, please complete the form at:
It only takes a minute and there's a box for you to make further suggestions, which we'd love to hear.

Plus you can join the conversation by commenting on any of our posts, or in the Open Forum now live on the site.

Thanks again
The Save Our Bank team