South West Mutual has been formed to establish the first ever member-owned high street bank dedicated to the residents and small businesses of Cornwall, Devon, Somerset and Dorset.
First, we need to become authorised by the Bank of England and the Financial Conduct Authority.
Subject to regulatory approvals we aim to launch in 2020.
Disclaimer: We intend to apply for a banking licence to the Prudential Regulation Authority and Financial Conduct Authority. We are not yet authorised as a bank so please do not take any information on this website as an invitation or inducement to apply to South West Mutual for any banking services or products.