{"id":44668,"date":"2017-02-18T14:00:33","date_gmt":"2017-02-18T07:00:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-op-bank-is-up-for-sale-is-it-time-to-leave\/"},"modified":"2017-02-18T14:04:44","modified_gmt":"2017-02-18T07:04:44","slug":"co-op-bank-is-up-for-sale-is-it-time-to-leave","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/co-op-bank-is-up-for-sale-is-it-time-to-leave\/","title":{"rendered":"Co-op Bank is up for sale \u2013 is it time to leave?"},"content":{"rendered":"


\nIts ethical values and cooperative approach are under threat. We look at what it means for its 1.4 million current account customers, and at the alternativesYou opened an account with The Co-operative Bank because of its ethical values. You shuddered when the first news of its \u00a31.5bn financial black hole emerged. You cringed over lurid stories of its \u201ccrystal Methodist\u201d chairman. You came close to leaving when the hedge funds took control. Now, as the bank puts itself up for sale, should you finally abandon your account \u2013 or hold on, hoping that its values survive?Even its natural friends are losing faith. The Move Your Money group, which campaigns for \u201cequitable and sustainable banking\u201d, says: \u201cThe truth is that this is the last spin of the dice for a desperate and downtrodden institution.\u201d Continue reading…
\n
\nSource : theguardian.com
\nRead more…Co-op Bank is up for sale \u2013 is it time to leave?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Its ethical values and cooperative approach are under threat. We look at what it means...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-44668","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bCs","jetpack-related-posts":[{"id":53261,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-triodos-the-ethical-bank-that-could-replace-the-co-op\/","url_meta":{"origin":44668,"position":0},"title":"Is Triodos the ethical bank that could replace the Co-op?","date":"April 29, 2017","format":false,"excerpt":"\r Triodos is launching its first current account in Britain and promises your money will only ever be handled sustainably. So should you go Dutch?Perhaps you are looking for a more ethical home for your current account cash. Or maybe you are a Co-operative Bank customer who is considering closing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ethical-policy-obstacle-to-co-op-bank-sale\/","url_meta":{"origin":44668,"position":1},"title":"Ethical policy obstacle to Co-op Bank sale","date":"February 15, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Ethical policy obstacle to Co-op Bank sale","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44269,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-should-swallow-co-op-bank-letters\/","url_meta":{"origin":44668,"position":2},"title":"Nationwide should swallow Co-op Bank | Letters","date":"February 16, 2017","format":false,"excerpt":"\r Patrick Collinson\u2019s account of the coming demise of the Co-operative Bank (\u2018Ethical\u2019 bank is history, 14 February) names Nationwide as the only remaining true \u201cchallenger\u201d bank but not as a possible purchaser of the Co-op Bank. Why not? When, 50 years ago in my student days, I opened a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41390,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-credit-unions-finally-provide-a-truly-ethical-current-account\/","url_meta":{"origin":44668,"position":3},"title":"Can credit unions finally provide a truly ethical current account?","date":"January 21, 2017","format":false,"excerpt":"\r The Engage account is for those who want their money to be used to do good. Plus, we look at the alternativesBillions of pounds of taxpayer cash pumped in, PPI mis-selling, investing in fossil fuels or dodgy regimes, money laundering, Libor rigging, tax avoidance, excessive executive pay\u2026 the list\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-home-sale-proceeds-be-protected-in-my-bank-account\/","url_meta":{"origin":44668,"position":4},"title":"Will my home sale proceeds be protected in my bank account?","date":"July 4, 2022","format":false,"excerpt":"\r Conveyancer will only deposit funds into one account and I may need time to divvy it up elsewhereQ I wonder if you can help me. I will shortly receive the proceeds from the sale of a second home and am concerned that the funds will not be protected when\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1466,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ethical-alternatives-to-the-co-operative-bank\/","url_meta":{"origin":44668,"position":5},"title":"Ethical alternatives to the Co-operative Bank","date":"October 23, 2013","format":false,"excerpt":"\r With US hedge funds calling the shots, the Co-op Bank's green credentials look increasingly fragile. But there are other accounts worth looking at\u2022 Poll: Will you stay with the Co-operative Bank?Can the Co-operative Bank continue to be ethical now that it will be controlled by profit-hungry US hedge funds?\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44668"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=44668"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44668\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}