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Trade Unions

Unity Trust Bank has a proud and historic relationship with trade unions; born out of a vision to create a bank that would embrace the philosophy of serving the common good, they launched Unity Trust Bank in 1984, along with the Co-Operative Bank

Now fully independent, those founding principles are still at the heart of everything Unity does today, and our trade union customers benefit from joining a bank which is committed to creating a better society for everyone.

We demonstrate our values in our own employment practices; we have a collective bargaining agreement, pay is set at or above comparable jobs in our sector and we encourage employee ownership.

90% of affiliated trade unions bank with us*. They benefit from our day-to-day banking services as well as access to specialist relationship managers who understand the ins and outs of how the organisations work.

Unity Trust Bank aligns its lending practices to the United Nations’ 17 Sustainable Development Goals (SDGs). This means that every lending proposal approved by the bank is aligned with one or more of the SDGs so borrowers must demonstrate qualifiable impact.

Trade unions form 30% of our deposits – and they know that their money is being used to make valuable contributions to society across the UK.

*Out of 48 trade unions affiliated to the Trade Union Congress (TUC), Unity provides financial services to 44.

Durham Miners Association

“Unity is unique in the fact that it's based on the trade union movement and its ethos is to help communities.”

David Temple, Director of Durham Miners Association
Durham Miners Association

We’re for great savings rates that work for you and the greater good

Your business savings can be a powerful tool for social good, contributing towards community initiatives that improve the lives of people across the UK.

Browse our Savings accounts
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It’s simple, secure and stress-free to switch to us

If you’re ready to switch your Business Current Account to Unity Trust Bank, we’ll make sure it happens like clockwork. It’s guaranteed to take 7 working days, it’s free, and it’s all taken care of by the Current Account Switch Service.

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