Cooperative all the way
Contributions to Kin groups are held in the Kin Cooperative bank account. Kin banks with the Co-operative Bank.
Wasn't the Co-operative Bank sold to private owners? Following the 2008 financial crisis, the Co-operative Bank was bought by private equity but as of January 1st 2025, it has been purchased by Coventry Building Society and is now re-mutualised - that means owned by its members and users and not by private shareholders.
Only two members of the Kin Cooperative Team have access to the bank account and all contributions and gifts are checked and paid out and double checked manually.