Like Ken, I belong to two credit unions and only one co-op (a
gasoline retail co-op that returns 5c a litre (approx 20 cents a US
gallon) to the membership. I also partially shop at an (aboriginal)
retail grocery, workers co-op and patronize, when I can, a worker
co-op courier service. By the way, the Credit Unions mean you
can get instant cash almost anywhere in the world, at market
exchange rates, through cash machines. Wonerful, Wonerful.
Paul Phillips,
Economics,
University of Manitoba
From: "Ken Hanly" <[EMAIL PROTECTED]>
To: <[EMAIL PROTECTED]>
Subject: [PEN-L:5554] Re: Re: co-ops
Date sent: Mon, 4 Dec 2000 21:05:29 -0600
Send reply to: [EMAIL PROTECTED]
> I missed the earlier part of this discussion. You must be talkiing of some
> type of production co-op. THere are co-operative financial institutions:
> credit unions, or caisse populaires. There are retail co-ops, agricultural
> marketing co-ops, dairy co-ops, housing co-oops and on and on. Go to any
> small town near where I am and the main financial institution will not be a
> bank but a credit union. The main or only grocery store in town will be a
> co-op. I belong to four retail co-ops and two credit unions. Our local
> credit union amalgamated with two others. THe growth increases our
> advantages rather than losing them. We now have 24 hour no fee access to an
> ATM rather than paying 50 cents for each transaction formerly. It may be
> that some very large urban credit unions lose a lot of advantages of smaller
> credit unions I couldn't say. But if they do why would they continue
> growing?
> Cheers. Ken Hanly
> ----- Original Message -----
