Co-operative Principles

Co-operative Principles

Seven internationally accepted Co-operative Principles shape credit union business decisions and governance, setting us apart from other financial institutions:

  1. Voluntary and open membership
  2. Democratic member control
  3. Member economic participation – at credit unions, members have equitable, democratic control of their capital
  4. Autonomy and independence – credit unions are independent organizations owned by members
  5. Education, training and information to stakeholders
  6. Co-operation among co-operatives – credit unions works together locally, regionally, nationally and internationally
  7. Concern for community – credit unions work for sustainable development of their communities.

Visit Credit Union Central of Canada for more information.