Coventry BS bids for the Co-op Bank

MaidaVale3499

Cashmygiro said:

Anything for the carpet baggers?

Lol...ive been waiting patiently (or not) for the Coventry and Nationwide to be carpetbagged since mid 90s.  

I have no shame....I think I bagged just about every BS turning into a bank, or takeover since Abbey National changed to a bank.....oh those were the days.

km1500

jackjones01 said:

km1500 said:

wonder if Coventry is planning to go back into the current account business !

Yes I wondered that too…. I used to have one but obviously it ended up getting closed. 

from memory it was called the Coventry First current account

Newly_retired

I still have one. It changed its name to Money Manager, but I use it to pay into from my main current account elsewhere then transfer out or to another Coventry account as needed. It provides SOs.

WillPS

Is/was it really a current account though? It only had a cash machine card associated with it, no debit cards...

km1500

WillPS said:

Is/was it really a current account though? It only had a cash machine card associated with it, no debit cards...

yes I think.you could be right

jackjones01

Does this mean if it goes ahead the co op will be rebranded Coventry? 

Cashmygiro

jackjones01 said:

Does this mean if it goes ahead the co op will be rebranded Coventry? 

Most likely as it is them buying it out not the other way round. Unless they continue to run it as a separate entity. 

Zanderman

Cashmygiro said:

jackjones01 said:

Does this mean if it goes ahead the co op will be rebranded Coventry? 

Most likely as it is them buying it out not the other way round. Unless they continue to run it as a separate entity. 

More likely to stay separate, for IT reasons as much as anything

EarthBoy

This sounds like the perfect way to ruin a solid, reliable, building society..

[Deleted User]

gsmh said:

[Deleted User] said:

The Co-operative Bank has never been a mutual - so how can you 'effectively remutualise' it?

I think most of us understood what they meant.

Something inaccurate?