Co-op
The Co-operative Bank has joined forces with Born Free to offer an account for young savers. The Bonus Account is designed to grow with a child and gradually increase their financial awareness. One of Co-operative Bank’s principal is to educate their customers. With this goal in mind they wanted their young customers to receive educational gifts when their account is opened.
The Bonus Account can be opened by any adult on behalf of a child, or they can open an account in their own name if they are aged seven or over. The account - and their responsibility for it - grows with the child. Over the years, they will learn to understand the importance of budgeting, how to use a cash card, and to keep track of their spending.
Young savers receive gifts, including a moneybox, pencil case and stationery made from recycled materials, and a self-standing calculator. All gifts are supplied by Born Free, for a donation. For each gift a child receives, The Co-operative Bank will make a donation to the Born Free Foundation.
- Our patron, Coronation Street actress Helen Worth, at the launch of the new initiative
TV’s Coronation Street actress and Born Free patron Helen Worth was at the official launch in Manchester: “I’m delighted to support this initiative. Born Free and Co-op Bank both campaign on sensitive issues. It’s a winning partnership.”
What better place to start your children’s finances than ethically sound Co-operative Bank? You can find out more at the Co-operative Bank website.
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