Co-operative Financial Services

Co-operative Financial Services (CFS) was a UK-based financial organization formed through the merger of The Co-operative Bank and Co-operative Insurance Society (CIS). It aimed to provide banking, insurance, and investment services with a focus on ethics and social responsibility. CFS emphasized ethical banking practices, such as avoiding investments in controversial industries, and prioritized customer values over profits. In 2013, the banking arm was separated into The Co-operative Bank, focusing on banking services, while CFS continued with insurance and investment services until its sale or restructuring. CFS was known for integrating social values into financial services, promoting ethical business practices.