Thursday, June 3, 2010

Another cooperative financing arm

Ok... what?! The rural electric coops have a cooperative bank!

http://www.nrucfc.org/

That is really interesting to know.

So Jacqueline knows of the bank out of Minnesota that is attempting to grow, there are credit unions nationwide in virtually every county of the US, and the capital intensive rural electric coops have a bank (that I only just heard about).

It is, to me at least, becoming abundantly clear that the only thing holding cooperative businesses back is... run-dun-dunnnnnn! COOPERATION! Though cooperation across sectors, but nonetheless!

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