Rating based on 27 reviews

The Co-operative Bank


  • Student loans up to £25,000
  • Low-interest starting from 5.9%
  • Repayment up to 7 years

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The Co-operative Bank homepage

Author The Co-operative Bank. Screenshot of The Co-operative Bank website. [Accessed September 12, 2019]

About The Co-operative Bank

The Co-operative Bank offers high street and internet banking, current accounts, mortgages, savings accounts, credit cards and loans.

We reproduce our roots back to our funding as the loans and deposits department of CWS in 1872 and we’ve worked hard ever since to provide our consumers with a viable option to our larger competitors.

We aim to satisfy our customers

We are also devoted to leading the way on ethical, environmental and community matters. The Co-operative Bank has a special ethical policy setting out the way we do business which we’ve grown in full consultation with our consumers.

Our vision, values and ethics

To be systematic and financially sustainable UK retail and SME distinguished by co-operative values. We were launched from the co-operative movement. We remain content with our operative values.

The Co-operative Bank Services

A professional and Career Development Loan from the Co-operative Bank helps to fund your studies and improve your career prospects.

A loan between £300 and £10 000 helping you finance a course to improve your career prospects and earning potential.

What to consider

Before taking out a student loan you should first consider whether you can afford to pay it back. A fixed amount is payable monthly, so make sure you can afford the repayments. When choosing the length of the term pay back your loan cover, it’s imperative to consider that the longer the term, the greater the total interest payable will be.

Loan repayment terms

Repay your loan over 1 to 5 years, only paying it back after you've finished your course. You will also enjoy fixed repayments on your loan. When you finish your course, you’ll be appealed to make fixed monthly payments which include interest payments – as stated in your agreement.

The Co-operative Bank Product Details

  • Loan Type Student loans
  • Interest Rate 5.9 – 39.9% p/a
  • Loan Amount up to £25,000
  • Repayment 1 year to 7 years

Summary of Services

  • Quick decision
  • Low-interest rates
  • Repayment starts when school finishes

We understand that circumstances I’m your life can change

The Board sets the Bank’s master-plan and approves plans presented by management for the attainment of the strategic objectives it has set.

It regulates the nature and extent of the risks it is willing to take in attaining it’s strategic objectives and is responsible for making sure maintenance of sound risk management and internal control systems.

Financial circumstances can change and can leave you struggling. Dealing with capital issues can be hard, but we’re here to help and support you.

What makes us different

At the Co-operative Bank, we have always been geared by something different. We have a wide variety of personal loans available. It’s why we were the first UK high street bank to introduce a consumer-led ethical policy- a policy that’s been shaped by over 320 000 consumer response since 1992.

Our ethical policy had its’ 25th anniversary in 2017. We have worked to handle the things that matter to you from human rights to climate change. While a lot has changed in time, we’re as devoted as ever to:

  • Listening and caring about what’s important to you.
  • Making sure that your capital is being used for good.
  • Campaigning for what you think is right.

It is an ongoing endeavor and it’s written a promise to ensure your capital and ethical values always go in hand.

Unexpected life events can happen at any time.

These situations can affect us in many different ways and often cause financial worries. It can sometimes be difficult to see that things are getting out of control but the sooner you let us know, the sooner we can assist.

If you’re worried about your finances to try StepChange Debt Charity’s 60- second section test- a few easy questions will tell you if you need guidance and where and how to find it. Please read through our monetary support leaflet for further information.

Customer Reviews & Testimonials

April 2019

Friendly and well trained employees

Zachery B
— London —

July 2019

I was a bale to finish my studies all because of Co-operative bank Loans

Marius I
— Cadiff —

July 2019

Their service was very quick and the queues were short

Eric H
— York —

April 2019

The advisor who was helping me was friendly and open

Robert T
— Brighton —

The Co-operative Bank Contact Details

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 09:30 – 17:00
  • Tuesday 09:30 – 17:00
  • Wednesday 09:30 – 17:00
  • Thursday 09:30 – 17:00
  • Friday 09:30 – 17:00
  • Saturday 09:30 – 13:00
  • Sunday – Closed