Smile (bank)
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| Type | Subsidiary |
|---|---|
| Founded | 1999 |
| Headquarters | Stockport, Greater Manchester, England |
| Key people | David Anderson, Chief Executive CFS |
| Industry | Banking |
| Products | Retail banking |
| Website | smile.co.uk |
smile.co.uk is an award-winning internet bank of the United Kingdom. It was established as the UK's first full internet bank in 1999. Other banks, like Egg and First-e, had opened in previous years but smile was the first to offer full-service current accounts, savings, ISAs, investments and credit cards.
It is a subsidiary of The Co-operative Bank which is part of The Co-operative Group. As a co-operative, members of the Co-operative Group receive a form of dividend payment if they hold smile.co.uk accounts. The bank's principal offices are located in the Regent House 'pyramid' building in Stockport.
Since December 2001 smile now takes the same stance as the rest of The Co-operative Group with their ethical banking policy. They turned away £10 million of business because of their ethical policy during 2005.[1] Smile.co.uk were the first UK online bank to be accredited with the ISO27001 Information Security certification.[2]
[edit] See also
[edit] References
- ^ Smile ethical policy. Smile.co.uk. Retrieved on 2008-01-03.
- ^ Smile security. Smile.co.uk. Retrieved on 2008-01-03.
[edit] External links
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