Coventry Building Society moves to fully absorb Co-op Bank

Coventry Building Society has begun contacting Co-operative Bank customers about a proposed legal transfer process that would formally merge the bank's business into the society, following its acquisition of the bank in January 2025.

The process, known as a Part VII Transfer, received High Court approval to proceed on 18 August, allowing the Co-operative Bank to begin communicating with customers and suppliers. A final court hearing is scheduled for 2 December, with the transfer expected to complete on 1... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...