People recovering from bankruptcy will no longer have a choice over where they can access a bank account as Co-op withdraws from the market. Only the Co-op and Barclays offered accounts to those who are undischarged bankrupts - generally the 12 months after a bankruptcy order is made. The former has said it will no longer accept new customers of this type, blaming an "un-level playing field".
It said existing customers in this situation would not be affected....Read more here: BBC News - Co-op stops offering bank accounts to bankrupts