The Work Index by Flexa

C. Hoare & Co.

C. Hoare & Co. is the UK's oldest privately-owned bank, continuously owned by the Hoare family for 12 generations.

https://www.hoaresbank.co.uk/
4.9

/10

Transparency ranking

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Description

C. Hoare & Co. is the UK's oldest privately-owned bank, having been continuously owned by the Hoare family for 12 generations since 1672. This family-run bank prides itself on a personalized and bespoke approach to banking, emphasizing deep personal relationships and long-held values of honesty, empathy, excellence, and social responsibility. Their commitment to providing a contemporary service is evident in their online and mobile banking offerings, alongside traditional banking products and services.

C. Hoare & Co. also demonstrates a strong dedication to philanthropy, donating a significant portion of their annual profits to charitable causes through the Golden Bottle Trust. This commitment to social impact is further evidenced by their certification as a B Corporation, signifying their commitment to meeting high standards of social and environmental performance, transparency, and accountability.

Flexibility

C. Hoare & Co. offers a flexible work environment. The company has a commitment to agile working, which allows employees to work remotely and adjust their work schedules to suit their needs. This approach is designed to simplify and improve the banking experience for both employees and customers, demonstrating a company culture that values work-life balance and employee well-being.

Benefits

C. Hoare & Co. offers a range of employee benefits that prioritize both professional development and employee well-being. The company provides comprehensive health insurance, a generous pension plan, and opportunities for professional training and development. Employees also enjoy perks such as catered meals, a dedicated dining room, and a strong emphasis on work-life balance through flexible working arrangements. The company also takes pride in its welcoming and inclusive culture, fostering a sense of community and belonging among its employees.

Mission

C. Hoare & Co. is the UK's oldest privately owned bank, continuously owned by the Hoare family for 12 generations. They prioritize building deep personal relationships with both individual and business customers, providing a bespoke banking service tailored to individual needs. Their mission is to be "good bankers and good citizens," balancing a commitment to providing exceptional financial services with a strong ethical foundation. They are committed to social responsibility, evident in their philanthropic efforts through the Golden Bottle Trust and the Master Charitable Trust, and their dedication to responsible business practices, as demonstrated by their B Corp certification.

Environmental impact driven
Social impact led
Sustainability

Culture

C. Hoare & Co. promotes a culture of personal relationships and long-held values, emphasizing honesty, empathy, excellence, and social responsibility. They believe in creating a connected community built on deep trust and exceptional customer service, where individual needs are met with bespoke solutions and a personalized approach. This family-owned bank fosters an energetic, outward-looking culture, combining experience and expertise with a commitment to supporting both their customers and the wider community through philanthropic endeavors.

People-first
Progressive
Traditional

DE&I

C. Hoare & Co. is committed to diversity, equity, and inclusion, recognizing that a diverse workforce fosters a more inclusive and innovative environment. They actively promote a culture of inclusivity by actively seeking to recruit and retain employees from all backgrounds and by embracing a variety of perspectives and experiences. They also demonstrate a commitment to social responsibility through their charitable giving, which includes supporting organizations that promote equality and diversity.

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