Business Details
Your Trusted Partner for Savings and Mortgages in Coventry
Established on a foundation of mutual trust and long-term member interests, Coventry has been a cornerstone of financial services for over 140 years. As a mutually owned institution, we prioritise our members' needs, offering competitive savings accounts, mortgages, and financial solutions backed by award-winning customer service. Recognised for excellence by Fairer Finance and certified as a B Corp for our social and environmental commitments, we combine tradition with innovation to deliver secure, transparent services.Our dedicated team ensures every financial journey is supported by expertise, ethical practices, and a promise to offer rates that reward loyalty. With digital convenience through our mobile app and a network of branches, we remain committed to fostering financial well-being for future generations.
Services
Savings Accounts
Mortgages
Cash ISAs
Fixed Rate ISAs
Easy Access Saver
Highlights and features
- Awarded gold ribbon for customer experience by Fairer Finance (spring 2025) for savings
- Mutually owned, prioritising member interests over profit
- Flexible savings accounts with tax-free and variable rate options
- B Corp certified for social and environmental impact
- Over 140 years of experience in ethical financial services
Associations and certifications
- B Corp
What people say
Award-winning customer experience
Mutually owned
Competitive rates
B Corp certified
140 years experience
Services
Savings Accounts
Flexible savings solutions tailored to individual needs, including tax-free ISAs and variable-rate accounts. Our products allow up to six penalty-free withdrawals annually, with competitive interest rates designed to maximise returns. Backed by over 140 years of expertise, we ensure secure, transparent management of your funds.
Mortgages
Comprehensive mortgage options for first-time buyers and existing homeowners, with rates matching or exceeding those for new customers. We offer fixed and variable-rate deals, supported by award-winning advice to simplify the home-buying process. Our mutual structure ensures member-centric terms and long-term affordability.
Cash ISAs
Tax-efficient Individual Savings Accounts with competitive annual equivalent rates. Designed to help members grow their savings without tax deductions, these accounts combine flexibility with security. Expert guidance ensures optimal use of annual ISA allowances for maximum financial benefit.
Fixed Rate ISAs
Time-bound ISAs guaranteeing fixed interest rates until maturity, protecting savings from market fluctuations. Ideal for long-term goals, these accounts offer predictable returns with limited withdrawal penalties. Terms like the 3.70% p.a. (fixed until 2026) ensure clarity for financial planning.
Easy Access Saver
Liquidity-focused accounts allowing penalty-free withdrawals up to six times yearly, transitioning to easy access after 12 months. With variable rates like 4.30% AER, they balance accessibility and growth. Designed for emergency funds or short-term savings goals with minimal restrictions.
Questions
What savings account options are available?
We offer flexible ISAs, fixed-rate accounts, and easy-access savings with competitive interest rates and limited penalty-free withdrawals annually.
Are mortgage rates better for existing customers?
Yes, we guarantee rates matching or exceeding those for new customers when renewing deals, ensuring loyalty rewards.
How does mutual ownership benefit members?
As a mutual, decisions prioritise member interests over profit, with profits reinvested to improve services and rates.
What is a Fixed Rate ISA?
A tax-free savings account locking in interest rates until maturity, protecting against market fluctuations for predictable returns.
