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Co-op bank for sale

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Comments

  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Virgin essentials is a basic bank account and not intended to be a full service current account. Last year, they said they have ruled out the traditional high street current account, and instead are focussing on building a digital bank to offer current accounts through.

    I suspect their interest in the Co-op is to acquire the business accounts, which is a market they are looking to enter, and possibly the mortgage books.
  • System
    System Posts: 178,365 Community Admin
    10,000 Posts Photogenic Name Dropper
    JuicyJesus wrote: »
    My guess would be that the Co-op's current account offerings would become the Virgin Money ones as they're far more sophisticated.

    And it's not like the Co-op's internet banking is particularly modern and featureful as it is!

    Co-op internet banking does all I need it to, if a bit odd design wise.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
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