Co-operative Financial Services Limited is a wholly-owned subsidiary of Co-operative Group Ltd. in the United Kingdom. Established in 2002; head office is located at New Century House, Manchester. It is mainly known through its two main subsidiaries: The Co-operative Bank (incorporating Smile, the first full internet bank), and the Co-operative Insurance Society.

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  • Co-operative Financial Services Limited is a wholly-owned subsidiary of Co-operative Group Ltd. in the United Kingdom. Established in 2002; head office is located at New Century House, Manchester. It is mainly known through its two main subsidiaries: The Co-operative Bank (incorporating Smile, the first full internet bank), and the Co-operative Insurance Society. Co-operative Financial Services was formed as a holding company to bring these financial subsidiaries together under one umbrella society and to enable synergies between the businesses to be exploited. In 2007, the Group agreed to outsource its information systems to Xansa. In 2008, Co-operative Financial Services was Business in the Community's Company of the Year, having been recognised at their Awards for Excellence gala dinner for making sustainable development a top priority in how it operates and in the products and services offered to its customers. They also won an Impact on Society Award, given to companies that are improving their business and their overall impact on society in the marketplace, the workplace, the environment and the community, through leadership and integration of its corporate responsibility practices. On 21 January 2009, Co-operative Financial Services and Britannia Building Society proposed a merger, with the new 'super-mutual' being brought under the stewardship of The Co-operative Group. On 29 April 2009 the merger, the first under the so-called Butterfill Act (2007 cap. 26), was agreed by Britannia members. On 1 August 2009 Britannia Building Society was legally dissolved and Neville Richardson, its last Chief Executive, became Chief Executive of the enlarged CFS.
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  • Co-operative Financial Services Limited
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  • Good with Money
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  • 2002 (1867 as forerunner to CIS)
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  • Bob Burlton, Chairman Neville Richardson, Chief Executive
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  • £1,116.7 million
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  • Co-operative Financial Services Limited is a wholly-owned subsidiary of Co-operative Group Ltd. in the United Kingdom. Established in 2002; head office is located at New Century House, Manchester. It is mainly known through its two main subsidiaries: The Co-operative Bank (incorporating Smile, the first full internet bank), and the Co-operative Insurance Society.
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  • Co-operative Financial Services
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