You're able to manage your investments on the go at any time within our Member Investment Portal. Our Member Investments team are also here to support you when you need it.
Investing in share capital is not the same as saving money in a bank. You may get a better financial return by investing your money with us. Investments can also fall, so you might not get all your money back. The Financial Services Compensation Scheme (FSCS), which covers banks, building societies and credit unions, does not apply to this share account. This means you cannot claim compensation if we can't repay your share capital. We also have the right to suspend withdrawals of share capital, by agreement of our Board.
Investing made simple
As a Member, we automatically opened a Share Account for you when you joined us. This includes your £1 share as a Member.
With an investment pot of just £10, you can make your money work harder. What's more, you can make regular or occasional contributions and withdraw your money anytime (unless the Board has suspended withdrawals). We'll calculate the interest daily and pay it annually.
Benefits for you mean our communities benefit too
As well as earning a competitive rate of interest, your money will help drive sustainable community projects. From caring for the environment to building a fairer society, together, we can make a real difference. And if your investment pot reaches £500, you can, if you choose, transfer your money into a Fixed Term Equity Investment and earn a higher rate of interest. All we ask is that you leave a minimum of £1 in your Share Account, which will ensure it remains open for you and maintains your Member ownership.
Fixed Term Equity Investments
Invest a fixed amount for a fixed return
By investing in equity for a fixed term of one, two, or three years, we'll pay a fixed interest rate of currently up to 5.75% at the end of the term. We set the interest rate each month, and this will be set out to you in writing before you invest.
To apply to open a Fixed Term Equity Investment, you must be a Member of our Society and invest a minimum of £500. And if you're not a Member, don't worry; you can sign up. We'd love you to join us.
£500
Minimum investment
£99,999
Maximum investment
See what you could earn with a Fixed Term Equity Investment (FTI)
| Term | Gross | AER |
|---|---|---|
| One Year | 5.75% | 5.75% |
| Two Year | 5.65% | 5.50% |
| Three Year | 5.55% | 5.27% |
Gross: The interest we'll pay before any taxes or charges are deducted.
AER (Annual Equivalent Rate): The total interest your investment could earn over a year, and an easy way to compare our FTI with other savings products.
You can apply for as many Fixed Term Equity Investments as you want, provided each is at least £500 and the combined total does not exceed £99,999.
An ethical way to invest
From changing lives through programmes like Fairer Futures to reducing food waste and funding community groups, together, we make the world a little kinder, greener, and healthier. It's because of caring people like you that we achieve incredible things.
By investing with us, you could not only benefit from a great interest rate, but you'll also become part of something bigger and special. Your money will help power causes that matter to our Members and reflect our long-standing values as a co-operative society.
Helpful information
The important legal bits
Disclaimer
By investing in OurCoop, part of Central England Co-operative Limited, you are a shareholder and as such, if the Society is unable to meet its debts and other liabilities, you may lose the value of your shares.
T&Cs
Please review our Terms and Conditions if you want to save with us. We'll ask you to accept them before you invest funds into your Share Account.
Our Code of Practice
Learn about the standards we comply with and understand the risks before you proceed.
Are these Fixed Term Investments covered by the Financial Services Compensation Scheme (FSCS)?
The FSCS does not cover our Fixed Term Investments or Share Accounts as Central England Co-operative Limited is not an authorised financial services firm. We are not regulated or supervised by either the Financial Conduct Authority or the Prudential Regulation Authority for these shares. The Financial Ombudsman Service (FOS) also does not apply. This means your investment is not protected, or secured, and could be lost. Any complaint about us cannot be heard by the Financial Ombudsman.
Central England Co-operative Limited is a society registered under the Co-operative and Community Benefit Societies Act 2014. Registration number: 10143R. See the Mutuals Public Register for further details.