The Birmingham corporate banking arm of The Co-operative Bank has helped fund a new multi-million pound national centre for Unison in London.
The Co-operative Bank and trade-union-owned Unity Trust Bank are funding the new centre being built close to the union’s existing head office on Euston Road, which is due to open by the end of 2010.
The majority of the funding was provided by The Co-operative Bank, with the remainder from Unity Trust Bank, a specialist bank for unions, charities, credit unions, voluntary organisations and social enterprises.
The Birmingham office of law firm Hammonds provided legal advice to The Co-operative Bank and the Midlands office of property agents Colliers International acted as building monitor.
Chris Sallnow, regional corporate manager at the Birmingham Corporate Banking Centre of The Co-operative Bank, provided the funding.
He said: “This is one of the most significant projects that our centre has funded.
“We were delighted to provide the majority of the finance required for Unison to provide its staff with state-of-the-art office accommodation and essential affordable homes for the very key workers that it represents.”
Kevin Moran, Unison’s relationship manager at Unity Trust Bank, said: “Having enjoyed a long-standing relationship with Unison, we were delighted to introduce The Co-operative Bank and to be able to assist in the funding of this prestigious building for one of the UK’s premier unions.”