Why save with the Co-op ?

Hungerdunger

asbokid wrote: »

Most of the Co-Op's ethical commitments are either faddish or downright fraudulent.

That sounds like a potentially libellous accusation.

Can you give any examples of commitments which are "downright fraudulent"?

[Deleted User]

I have been with coop for 30 years now, which includes changing to smile when smile started. The bank itself gives superb service and any query I have ever had has been dealt with, efficiently and politely. The internet site is very easy to work around and I log on every day to check that transactions are ok. The interest rate has been falling like a stone so I obviously move my money out asap. I use the current account as a bank and the savings account as my feeder money and everything else goes elsewhere

I recently bought some pref shares in the coop for my dh`s sipp and they yield approx 8.2%. Divi dates may and november. A good little earner and a nice safe bank

http://www.collins-stewart.com/Downloads/FixedInterest/Leading%20Prefs%20&%20PIBS%2029-04-09.pdf

apt

Is it as safe now that it's taken on the Britannia's loan-book and wholesale funding requirements?

Jake'sGran

I am a customer of many years too.They are well known for having the best rate ISA at one time and then dropping the rate suddenly after they had gathered in a lot of savers. Financial advisers still mention this. These days I use them only for paying a few bills and transferring money. My savings are elsewhere.

baby_boomer

jack_spratt wrote: »

I am sure there is no need to exploit any inertia of any person

On the contrary - it's the inertia of all the mugs that keeps ALL organisations afloat.

Haven't you learned anything from Martin :rotfl: ?

jack_spratt_2

baby_boomer wrote: »

On the contrary - it's the inertia of all the mugs that keeps ALL organisations afloat.

I am sure there is no need to exploit any inertia of any person

Haven't you learned anything from Martin :rotfl: ?

If you are going to quote some of my reply please quote the whole and relevant point not just the bit that will fit in with point of view :rolleyes:

I am sure there is no need to exploit any inertia of any person no one says you have have to invest with any company you do not wish ! you know if you invest with the Co-op you will not get the best rate !!

baby_boomer

jack wrote:

you know if you invest with the Co-op you will not get the best rate

Do we need to say any more on the subject ?

sons_2

baby_boomer wrote: »

Do we need to say any more on the subject ?

No, think it covers it quite well.