Coventry Building Society

Coventry Building Society is a UK building society headquartered in Coventry. The Society says it has looked after customers’, members’ and their finances since 1884, and describes itself as one of the UK’s strongest building societies. Its governance materials emphasise effective oversight and putting members first, with the Board directing the Society’s affairs in members’ interests while also considering wider stakeholders. The Society’s public-facing offer includes savings products. Its website promotes the Sunny Day Saver, a variable-rate account with monthly deposit limits and eligibility-based prize draws, and highlights mobile access through its app. The broader group also operates in mortgage lending: Godiva Mortgages Limited and ITL Mortgages Limited are named as trading subsidiaries in the Society’s modern slavery statement. The Society’s public materials therefore present a financial group spanning member savings and mortgage-related activity. Coventry Building Society is a mutual business rather than a conventional listed company. Its group structure changed significantly on 1 January 2025, when the Society took ownership of The Co-operative Bank p.l.c. The Society’s statement describes the bank’s return to mutual ownership as part of this transaction. The same statement identifies The Co-operative Bank, Godiva Mortgages Limited and ITL Mortgages Limited as trading subsidiaries of the group as of 2025. The Society is headquartered in Coventry, and it says its customer-service and head-office teams are located in the UK. It serves members and customers across the UK. Its communications combine practical financial products with a member-first identity and stated commitments to sustainability and responsible business. The Society reports that it became the first UK building society to gain B Corp status in 2023 and the first UK building society to receive the ISO 20400 sustainable procurement standard.

Coventry Building Society says it has served customers and members since 1884. Headquartered in Coventry, it has developed as a UK mutual building society whose governance is framed around serving members. Its corporate-governance information describes the Board’s responsibility for directing and managing the Society’s affairs and business in members’ interests, while also considering wider stakeholders. The Society’s contemporary public offer includes savings products and digital access through a mobile app. Its website features the Sunny Day Saver, a variable-rate savings account with a monthly deposit limit and eligibility-based prize draws. The wider group also has mortgage-related operations through Godiva Mortgages Limited and ITL Mortgages Limited, both identified as trading subsidiaries in the group’s 2025 modern slavery statement. In 2023, the Society reports that it became the first UK building society to gain B Corp status and the first to receive the ISO 20400 sustainable procurement standard. It presents these credentials as part of its approach to sustainability and supply-chain responsibility. A major recent group development took place on 1 January 2025, when Coventry Building Society took ownership of The Co-operative Bank p.l.c. The Society describes this as bringing the 153-year-old organisation back into mutual ownership. Its 2025 statement identifies The Co-operative Bank, Godiva Mortgages Limited and ITL Mortgages Limited as trading subsidiaries. The statement also says that the Society is headquartered in Coventry, with customer-service and head-office teams located in the UK.

• 2025

  Ownership of The Co-operative Bank

• 2023

  Sustainability credentials

• 1884

  Beginning of service

A UK member-focused mutual building society offering savings and mortgage-related financial services, with stated commitments to sustainability and responsible business.

• Sunny Day Saver

  A variable-rate savings account promoted on the Society’s website, with a monthly deposit limit and eligibility-based prize draws.

• Mobile app

  The Society promotes its app as a way to access savings while on the go.

• Mortgage-related services

  The group identifies Godiva Mortgages Limited and ITL Mortgages Limited as trading subsidiaries.

• Acquisition of ownership of The Co-operative Bank p.l.c.Other

• 2026.08.21

  Reported2026.08.21

  Coventry Building Society launches Regular Saver account[4]Coventry Building Society推出Regular Saver储蓄账户moneyfactscompare.co.uk

  Coventry Building Society launched a Regular Saver account offering 2.5% AER for the first 12 months. Customers can deposit up to £500 per month.

Read more

1. 1Coventry Building Society | All together, bettercoventrybuildingsociety.co.uk
2. 2Corporate governancecoventrybuildingsociety.co.uk
3. 3Slavery and Human Trafficking Statementcoventrybuildingsociety.co.uk
4. 4Coventry Building Society推出Regular Saver储蓄账户moneyfactscompare.co.uk