public limited company industry financial services website unity.co.uk unity trust bank plc provides specialist banking services to trade unions charities and other organisations that operate in the not for profit sector in the united kingdom and since december 2015 its remit has expanded to include profit with purpose businesses . founded in 1984 ; head office is located at nine brindleyplace birmingham . contents 1 history 1.1 ownership 2 activities 3 see also 4 references 5 external links history edit originally a licensed deposit taking institution unity trust limited acquired full status as a bank in 1987 . 1 ownership edit historically unity trust bank was majority owned by individual trade unions and federations 73.23 % and the co operative bank owned the remainder 26.7 % through its subsidiary co operative commercial limited . 1 in december 2015 unity bought back shares from co operative commercial limited which reduced the co operative bank s holding to 6.7 % . 2 unity trust s new articles of association redesignated all shares into a single class all ranking pari passu and removed the different rights of the old classes and created additional shares . as a result new shareholders have invested in unity and the co operative bank no longer have a controlling interest in unity trust or the right to appoint directors . 3 the co operative bank s stake was put up for sale in early 2014 in an attempt to restore profitability following a capital shortfall which resulted in a rescue by its bond holders led by us hedge funds and the parent co operative group ceding control . 4 activities edit in its founding principles the bank was established as an organisation identified with and embracing the philosophy of the common good . it promotes a socially responsible and sustainable approach to banking and lending . 5 unity trust bank was rated top in eight out of nine customer satisfaction categories in the charity finance banking survey 2015 . 6 in september 2013 it became the first british bank to be awarded the living wage employer accreditation mark . 7 see also edit trade unions in the united kingdom credit unions in the united kingdom social economy references edit a b http www.senscot.net view art.php viewid 12861 jackson suzy 22 december 2015 . double benefits to be realised by unity trust bank . business quarter magazine . retrieved 24 december 2015 . weakley kirsty 16 dec 2015 . unity trust bank becomes independent and announces growth plans . www.civilsociety.co.uk . retrieved 24 december 2015 . treanor jill 14 january 2014 . unity trust bank ownership set for overhaul after co op bank s stake sale . the guardian . retrieved 17 december 2015 . https www.unity.co.uk who we are mission vision and values https www.unity.co.uk unity trust bank out performs competitors in charity banking customer survey unity trust becomes first living wage accredited bank . blue & green tomorrow . 9 september 2013 . retrieved 24 december 2015 . external links edit official website trades union congress v t e commercial and retail banks in the united kingdom banking in the united kingdom barclays barclays bank barclays wealth cybg clydesdale bank yorkshire bank hsbc holdings first direct hsbc bank hsbc private bank m & s bank lloyds banking group1 bank of scotland bank of wales birmingham midshires halifax lloyds bank royal bank of scotland group2 adam and company child & co. coutts & co. drummonds bank natwest royal bank of scotland ulster bank santander group cahoot cater allen santander uk wholly state owned national savings and investments post office money uk financial investments uk asset resolution bradford & bingley3 nram3 other airdrie savings bank al rayan bank aldermore allied irish bank gb first trust bank arbuthnot latham & co secure trust bank bank and clients bank of ireland butterfield bank cambridge & counties bank c. hoare & co close brothers group the co operative bank smile danske bank duncan lawrie handelsbanken harrods bank icici bank uk julian hodge bank kingdom bank kleinwort benson metro bank monzo onesavings bank raphaels bank reliance bank n m rothschild & sons sainsbury s bank sg hambros shawbrook bank standard chartered tesco bank triodos bank tsb unity trust bank virgin money big four banks are underlined and private banks are shown in italics 1 10 % owned by ukfi 2 73 % owned by ukfi 3 mortgage assets only retrieved from https en.wikipedia.org w index.php title unity trust bank & oldid 735423259 categories banks of the united kingdombanks established in 1984companies based in birmingham west midlandstrade unions in the united kingdomsocial enterpriseshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store 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