Opening & Managing your Co-op bank account

We advise all our groups to open Co-op bank accounts. To open an account you can either go to your local Co-operative bank or download a 'Community Directplus' bank application form from their website.

Along with submitting an application you will also need an authorisation letter from Folk office. You'll need to let us know the names all the signatories to be added to the account so we can check that they're up to date members of the Folk. Only members of Woodcraft Folk can be signatories on an account opened using our name & charity number.Once we're satisfied that all signatories are members we will submit the letter to the bank.

To request an authorisation letter email info@woodcraft.org.uk

The authorisation letter can either be submitted with your bank application or alternatively you can send your application to the Co-op Bank and they'll send us a request for the letter. Please let us know your preference. 

Download an application form from the Co-op Bank website.

See below documents produced to help you with completing your bank application: 

 

Change of Signatory for your existing Co-op bank account 

If you already have an existing Co-op account and wish to change one or more of the signatories, you must complete a 'Change of Signatories form' which is available as an attachment below. Please complete the form to the best of your ability and return to the Co-op. In addition to submitting this form to the bank you'll also need an authorisation letter from Folk Office who will confirm that the new signatories are members of Woodcraft Folk. If some of your existing signatories are no longer available to complete the relevant sections of the form please contact Folk Office who will be able to help you with this. 

If you've any questions relating to the above please do not hesitate to contact Folk Office

Benefits of banking with the Co-op 

One of the benefits to opening a Community Direct bank account for your group is you are entitled to apply for small grants directly from the Co-op for local projects. For more information click here

Back to FAQs for new groups. 

AttachmentSize
Guidance - Completing a Community Bank Application OCT 2017.pdf324.32 KB
coop bank application example oct 2017.pdf6.19 MB
Change of Signatory form.pdf3.38 MB