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Finance mutuals invited to seek scale-up support from UK regulators

The FCA and PRA say they are widening Scale-Up Unit criteria for building societies

Licence application submitted for the UK’s first regional co-op bank

North West Mutual, which aims to launch the UK’s first regional co-operative bank, has submitted its…

Co-op bank mergers and acquisitions continue US consolidation trend

The latest examples include link-ups in Massachusetts and Oregon

US National Cooperative Bank returns $44.79m to stockholders

'Sharing our success with our co-operative owners is one of the unique benefits of doing business…

Mutual model can help tackle growing financial insecurity, says BSA

'We need to ensure the sector has the freedom to keep innovating'

Mutual and co-op insurers corner more than 25% of the global market

This year's Global Mutual Market Share report from Icmif shows the sector generated US$1.61tn in premium…

Vancity, Co-operators and Desjardins make Canadian sustainability list

This year’s assessment from Corporate Knights focused on the momentum of sustainable revenue

Fitch issues A ratings for Coventry BS and Co-op Bank

The agency noted 'stable, but undiversified, business model, prudent underwriting standards, healthy asset quality, and a…

€42m public share offer launched for new co-op bank in Cyprus

Individuals will account for 60% of the offering, while the remaining 40% will be allocated to…

Indian government announces plan for life insurance co-op

Minister Amit Shah said the venture will use the country’s huge co-operative network to offer financial…

UK building societies paid £2.1bn more interest to savers, figures show

'What these figures demonstrate is the value of having a diverse financial services market,' says the…

Co-operators reports soaring demand for community support

The Canadian insurer says economic and social challenges are putting increased pressure on frontline organisations