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MPs approve law change to level playing field for building societies

The news was welcomed by sector body BSA, which says it will give mortgage customers more…

Mutual share of the total insurance market is at an eight-year high

The largest insurance market in terms of mutual/co-operative market share is Finland (61%)

Nationwide plan to buy Virgin Money divides analysts and members

The £2.9bn deal would mark an expansion for the UK mutuals sector – but some of…

National Coop Bank highlights $384m support for low-income communities

Support went to credit unions and co-ops active in sectors such as housing, health, food and…

Coventry Building Society agrees terms for takeover of Co-op Bank

If approved by members and regulators, the move would make Coventry the UK's third-biggest lender

Co-op Bank of Kenya tops customer satisfaction survey

The bank is one of the largest financial institutions in the region

Co-operators sets up $1m employability scheme for Canada’s Indigenous youth

The initiative is part of a three-year reconciliation strategy at the co-op

Embezzlement crisis in Nepal’s co-ops sparks protests in the streets

Protests have been called off after ministers agreed to take action to improve regulation of the…

Fintech start-up Coop Exchange hits £10m valuation in pre-seed funding round

Canadian insurer Co-operators led the investment, putting in over CA$2m to acquire a 12.4% stake

Trinidad and Tobago look at reforms to strengthen credit union sector

Proposals include establishing an Independent Co-operative Authority to regulate the country’s co-op sector

£5m resilience fund launched for credit unions and other community financers

Fair4All Finance has launched the project to help the sector and its borrowers through the cost…

End of year Q&A: Andrew Whyte, CEO, Association of Financial Mutuals

'We’ll continue to work together to make the case for the distinctive and vital contribution that…