Financing & Financial Services

Using text-as-data techniques, we apply the dictionary to a 15-year sample of credit union (a type of co-operative) and bank (IOFs) annual report texts. The resulting model ranks credit unions and banks on a co-op versus IOF firm scale and identifies credit unions that may be at risk of losing their identity because of their use of IOF language.

Meet the Black women organizers defying anti-Blackness to build a Canadian federation of Rotating Savings and Credit Associations.

Cecosesola is established in Barquisimeto, capital of the state of Lara, located in the central-western region of Venezuela, as a cooperative integration organization that has been established since 1967. It is a meeting space where we make active life of more than 50 organizations, integrated into a network for the production of goods and services that brings together more than 20,000 associates from popular sectors. Through this network, we develop a wide variety of activities such as: agricultural production, small-scale agro-industrial production, funeral services, transportation, health services, financial services, mutual aid funds, distribution of foods and household items. We are made up of about 1,300 associated workers who manage daily activities through participation that is open to everyone, without hierarchical positions.

A Venezuelan cooperative network that recently received the “Alternative Nobel Prize” tells its story.

Canadian members of the African diaspora make use of traditional forms of group savings, known as susu, to overcome financial and cultural exclusion in the mainstream system. 

An interview with Gopal Dayaneni on the Seed Commons and building community power for a just transition.

We discuss the origins and development of the credit union movement, the unique role of Community Development Credit Unions, and how these member-owned financial co-ops grow community wealth, support economic development, and build resilient local economies.

ROSCAs consist of the regular pooling of money among friends and neighbors. It’s a way for individuals to amass chunks of money and is relied upon by millions of Black women in Africa, the Caribbean, and North America as a trusted alternative to formal banking systems that often exclude them.

Communities across the Philadelphia region are building cooperative businesses to create more equitable and just workplaces, neighborhoods, and cities. This video documents nine communities as they build businesses in construction, accounting, healthcare, solar installation and more.

Matt Cropp talks about what the Oak Street Cooperative and Vermont Real Estate Co-op have been up to.