Co-operative Bank to face High Court after admitting unreasonable fees

1NewsStuffTuesday 25 November 2025 · 2 outlets · 2 reports · updated

In this story High Court, Commerce Commission

Photo: 1News (opens in new tab)

The Co-operative Bank has admitted to charging unreasonable fees across 12 lending schemes. Following a Commerce Commission investigation, the bank has repaid $7.225 million to 48,249 customers. The bank will now face High Court proceedings after reaching a settlement agreement.

How they headlined it

First reported by 1News, Tue 25 Nov 2025, 11:37am · 2 reports from 2 outlets over 35 minutes
  1. 1News1News

    Co-op Bank admits to charging 'unreasonable' fees, $7.225m paid out (opens in new tab)

  2. StuffStuff

    Co-operative Bank to face High Court after admitting charging thousands of customers unreasonable fees (opens in new tab)