A Co-op membership costs £1. This is a one-time payment.
Understanding the Co-op Membership Fee
Becoming a Co-op Member is straightforward and affordable. The fee is set at a minimal amount to encourage broad participation and ownership.
- Initial Payment: To join, you are required to make a payment of just £1. This is a singular cost, not a recurring fee.
- Ownership Stake: This nominal £1 payment is not merely a membership fee; it fundamentally buys you one share in the Co-op. This share signifies your part-ownership in the business, aligning with the Co-op's member-owned principles.
Key Details of the Co-op Membership Cost
| Aspect | Detail |
|---|---|
| Membership Fee | £1 |
| Payment Frequency | One-off (one-time payment) |
| What it Provides | One share in the Co-op, establishing your membership |
This structure ensures that membership is accessible to many, while also reinforcing the cooperative model where members have a stake in the business.
