Company Information

Get to know The Co-op Credit Union

Founded in 1998, The Co-op Credit Union is a financial co-operative owned and run by its members for its members. Its mission is to provide an ethical and secure place for members to save, along with access to affordable loans when they need them. Membership is based on a "common bond" and is open to employees, members, and pensioners of The Co-operative Group and a wide range of other independent co-operative societies and organisations throughout the UK. The credit union operates on co-operative principles, promoting financial well-being within its community.

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Financial BankingPRIMARY
Financial Other Service

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The Co-op Credit Union

United Kingdom

Founded in

1998 (28 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.