Ethical Policy Declaration
The Save Our Bank declaration on The Co-operative Bank's Ethical Policy
Press Release 25 October 2013
MEDIA RELEASE FROM ETHICAL CONSUMER MAGAZINE
FOR IMMEDIATE RELEASE FRIDAY OCTOBER 25 2013
DON'T PANIC AND STICK WITH THE CO-OP SAYS SAVE OUR BANK
A new campaign is urging existing Co-op Bank customers not to move their accounts from the Co-op in an effort to ensure that the bank sticks to its ethical principles.
Don't Switch Yet
Many people are worried about what the Co-operative Bank will become now the hedge funds appear to have grabbed a majority share. Especially those who bank with the Co-op because of who it is and what it stands for. Many will have looked at the alternatives – Nationwide, Triodos. If customers quietly leave the hedge funds will plough on regardless. But if we speak as one, just the threat of many people leaving at once will focus minds.
That’s what this campaign is about. Step one is to get ourselves together in one place. This site aims to act as a rallying point.
