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Join our revolution and have your say in what we do
Joining Revolver
We ask members to make an investment in the societys share capital, but unlike in a conventional company, each member is limited to a single vote, irrespective of how much they invest. Approving an application for membership is entirely at the Board of Directors discretion. Individuals must invest a minimum of 10 in Share Capital. Organisations in the UK must invest a minimum of 50. At the time of writing no interest is payable on investments of 250 or less. Investments larger than this sum are only accepted at the Board of Directors discretion. (Please contact membership@revolver.coop for further details.) Withdrawals of share capital are entirely at the discretion of the Board of Directors and are unlikely to be possible in the early years of this business. We are committed to applying the profits of the business for benefit of our members and the
Member Benefits
Revolver Co-operative abides by a code of practice which requires it to provide a statement to its shareholders (i.e. members) of the nature of their investment and any change affecting it. The position you occupy as shareholder (i.e. member) of Revolver Co-operative is no different from that of a shareholder in any other corporate body in the sense that, if Revolver Cooperative fails, you may not have all, or any of your investment returned to you. Your investment is withdrawable without penalty at the discretion of the Board of Directors. Revolver Co-operative, unlike Banks and Building Societies, is not subject to prudential regulation by the Financial Services Authority or its successor/s.
I / We enclose a cheque payable to Revolver Co-operative Limited Tick box OR Please charge my/our Credit/Debit card for the amount of my/our initial deposit of
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Card no: ............................................................. Expiry date: ........... /............ Start date: ........... /............
Visa / MasterCard (please circle) CVV2 (last 3 digits): ................ If present, issue number: .................... Signed: .................................................................. Print name (cardholder name if card): ................................................................................ ................................................................................ Date: .......................................... Please complete and return to Membership Revolver Co-operative 152 Goldthorn Hill Wolverhampton WV2 3JA United Kingdom or email to membership@revolver.coop
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Individuals must invest at least 10 and organisations at least 50. N.B.: individuals applying for more than 250 of share capital will be required to provide proof of address and proof of identity.
Membership enquiries: +44 1902 345 345 or membership@Revolver.coop . Revolver World, Goldthorn House, 152 Goldthorn Hill, Penn, Wolverhampton WV2 3JA, United Kingdom. Revolver Co-operative Limited is an Industrial and Provident Society Mutual co-operative registered in England & Wales. FSA IPS Mutual Registration Number: 31024 R. FFLicRef R0476. 2012 Revolver Co-op Limited. All rights reserved.