Welcome to South West Mutual -banking for the South West region

We are seeking to set up the region’s first member- owned high street bank. We understand that finance and banking can be complex. We aim to provide the communities of Cornwall, Devon, Dorset & Somerset with an alternative to the high street banks.

Community banking for the South West


South West Mutual has been formed to establish the first ever member owned mutual 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, to offer banking facilities.

Subject to regulatory approvals we aim to launch in 2021

Find out more


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.

Some Images supplied to us by Landscape & Wildlife photography