Solid infographic from my #CreditUnion giving the basics on the flow of a credit union and how it is differentiated from a for-profit bank.
#coopfinance #coopcapital #creditunions #vsecu #creditunion
If you're in the US, the #NH Community Loan Fund is aiming to raise $12MM in new social investment capital by June 30 to help finance their largest mobile home park #coop conversion to date (more than 1k units of affordable housing). Our #CoopInvestmentClub is currently voting on investing a few $k, and details on investment terms are here for those interested: https://www.communityloanfund.org/how-you-can-help/invest
#CoopCapital #CoopFinance #CoopHousing #coops #ROCusa #NewHampshire
#newhampshire #rocusa #coops #coophousing #coopfinance #coopcapital #coopinvestmentclub #coop #nh
The #CFNE interim co-directors are on the job now that their long-time ED's retirement has officially happened...
#coopfinance #coops #coop #newengland #coopcapital #cfne
Not sure why I felt compelled tonight to graph the differential growth rate of US #CreditUnion assets vs. those of commercial banks, but here we are...
#coopfinance #differentialaccumulation #capitalaspower #creditunion
Good quick summary of some of the nuances and challenges of #WorkerCoop conversions financing from Micha Josephy at the #Cooperative Fund of #NewEngland: https://medium.com/fifty-by-fifty/are-cooperatives-really-so-difficult-to-finance-3adec81c70a8
#coopfinance #coopcapital #coops #coop #workercoops #newengland #cooperative #workercoop
Potential opportunity to convert an 11 unit apartment building into a #HousingCoop in #BTV...
Now, where to find $2 million... 🤔 #CoopFinance
#coopfinance #btv #housingcoop
For those who'll be getting in early for the #WCNC18 in #LA, I'm pulling together an informal #CoopFinance nerd dinner gathering Thursday night neat the conference hotel at 7pm.
@ me for details... :)
The short summary of my possible plan to use a newly formed "#Burlington Real Estate Co-op" to acquire the space for our brewing #coop as its first project:
https://docs.google.com/document/d/1_N4PTWNGJiAsLxjYGq_b2rYJo2apYSp_dfJpetmKyX8/edit?usp=sharing
#burlington #coop #btv #coopcapital #coopfinance
Any other #SocialCoop folks going to be in #LosAngeles for the #WorkerCoop National Conference in September?
https://conference.coop/2018-conference/conference-sessions/
I'm going to get in a day early (Thursday) and am going to try to pull together an informal #CoopFinance nerd dinner gathering that evening.
Also, we should have a social.coop #tootup if there's critical mass...
#socialcoop #losangeles #workercoop #coopfinance #tootup #la #wcnc18
Draft guide I put together today for financing sources for #WorkerCoop conversions. It's tailored to #Vermont, but much of the material is more widely applicable. Comments are turned on and feedback is most welcome: https://docs.google.com/document/d/1r7O5U-ybj6bjx6e1evP_58fPC34WofOjmLB8IU2NrEo/edit?usp=sharing
#workercoop #vermont #coopcapital #coopfinance #workerstoowners
Shared Capital #Coop is hiring for a loan administrator: https://sharedcapital.coop/were-hiring/
#coop #coopjobs #coopcapital #coopfinance
Just heard that the newest #coop investment club officially launched this weekend in #Colorado with 7 founding members and $625/month in investments!
Their FB page: https://www.facebook.com/COSolidarityFund/
That makes for 4 clubs now officially up and running; the other three are #Minneapolis, #Boston, and #Vermont.
#coopcapital #coopprincipal #coopfinance #coops #co #cobiz #Denver
#coop #colorado #minneapolis #boston #vermont #coopcapital #coopprincipal #coopfinance #coops #co #cobiz #denver
@geosocialcoop "These co-op share clubs would reinvest profits back into expanding the mutual ownership proportion over time."
Would this make sense as a collaborative scope of action for the #coop investment club movement? 🤔
#coop #coopfinance #investment #shareholderactivism
For anyone going to the
@NCBACLUSA #CoopIMPACT conference in DC in October, it looks like there with be a 1 day #CoopFinance intensive the day before, which sounds amazing... #coopcapital
https://ncba.coop/ncba-events/2191-come-a-day-early-to-impact-2018-and-get-saint-mary-s-top-course-on-co-op-finance-at-a-20-percent-discount #coop #coops
#coopimpact #coopfinance #coopcapital #coop #coops
@GuerillaOntologist @tbeckett @ElizabethMYLaBerge
This could be an application for #Cobudget.
You buy a $500 CD, and then can see all the loans in your credit union that are currently seeking investment, w/ borrowers allowed to adjust who can see their requests. Anyone can "buy" up to 5% of any particular loan currently in its offering period, with the credit union taking an administration fee (if the loan is for 6%, your participation in it earns 5%, or something). #coopfinance #creditunion
#cobudget #coopfinance #creditunion
If anyone is interested in geeking really hard on #creditunion #history, this is the master's thesis I wrote in 2011...
#CommonBond #creditunions #FieldOfMembership #coopfinance
https://drive.google.com/file/d/0BwXj8Bi337VzVm9FdURuRUREbzQ/view?usp=sharing
#creditunion #history #commonbond #creditunions #fieldofmembership #coopfinance