Credit unions are the most popular form of financial cooperative because they are owned and operated by their members. These financial institutions often pay higher-than-average interest rates and are only accessible to those that have accounts.
The size of financial cooperatives can vary from only a handful of branches to being widespread with thousands of locations. Many financial cooperatives offer products and services that are comparable to those offered by the major diversified banks.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Cooperative — This article is about the business organization. For other uses, see Coop (disambiguation). A cooperative (also co operative or co op) is a business organization owned and operated by a group of individuals for their mutual benefit. A… … Wikipedia
Cooperative banking — A statue of cooperative pioneer Robert Owen stands in front of the Manchester head office of the UK s Co operative Bank Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take… … Wikipedia
Cooperative Bank of Kenya — We are you Type Public: NSE: COOP Industry Financial Services Founded 1965 Headquarters Nairobi, Kenya … Wikipedia
Cooperative Living Organization — Formation 1931 Type Housing cooperative Headquarters Gainesvi … Wikipedia
Financial district — (Manhattan) Pour les articles homonymes, voir Financial District. Une vue typique du Financial District Le Financial District (quartier financi … Wikipédia en Français
Financial district (Manhattan) — Pour les articles homonymes, voir Financial District. Une vue typique du Financial District Le Financial District (quartier financi … Wikipédia en Français
Financial Action Task Force on Money Laundering — The Financial Action Task Force on Money Laundering (FATF), also known by its French name Groupe d action financière sur le blanchiment de capitaux (GAFI), is an inter governmental body founded in 1989 by the G7. The purpose of the FATF is to… … Wikipedia
Cooperative Funds Act — The Cooperative Funds Act is a United States law, or series of laws, which authorized the United States Forest Service (FS) to collect donations from private partners to perform FS work. Contributions had to be voluntary, and by cash, check, or… … Wikipedia
Cooperative extension service — This article is about a division of the US Department of Agriculture. For agriculture extensions in general, see Agricultural extension. The Cooperative Extension Service, also known as the Extension Service of the USDA, is a non formal… … Wikipedia
Cooperative federation — A co operative federation or secondary co operative is a co operative in which all members are, in turn, co operatives. Historically, co operative federations have predominantly come in the form of co operative wholesale societies and co… … Wikipedia