A Cooperative Bank is a financial institution that is owned and operated by its members, who are also its customers. These banks focus on serving the needs of their members rather than maximizing profits. Members typically have a say in the bank's operations and decisions, promoting a sense of community and shared responsibility. Cooperative banks offer a range of services, including savings accounts, loans, and investment options. They often provide competitive interest rates and lower fees compared to traditional banks. By prioritizing member welfare, Cooperative Banks aim to support local economies and foster financial inclusion.