Worker Cooperative Federal Credit Union

Description

"This project is a collaboration between the US Federation of Worker Cooperatives (USFWC), Network of Bay Area Worker Cooperatives (NoBAWC), and North American Students of Cooperation (NASCO). We are organizing a proposed “Worker Cooperative Federal Credit Union” (unchartered) that will serve members of the three associations. We in the process of applying for a federal charter. We currently do not have an active charter and are not federally insured.

The primary purpose of the proposed “Worker Cooperative Federal Credit Union” will be financing worker cooperatives. Worker cooperatives are businesses that are worker owned and democratically managed by their members." (http://www.workercoopfcu.org/)