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Rev. 3/2021Privacy Policy FACTSET DOES COOPERATIVE CENTER FCU Does WITH YOUR PERSONAL INFORMATION? Why? Financial institutions choose how they share your personal information. Federal law gives consumers

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How to fill out co-operative principles - why

01

Understand the 7 co-operative principles: voluntary and open membership, democratic member control, member economic participation, autonomy and independence, education, training, and information, cooperation among cooperatives, concern for community

02

Apply the principles to decision-making processes within the co-operative

03

Ensure transparency and accountability by following the principles in all operations

04

Regularly review and evaluate the adherence to the co-operative principles to maintain their effectiveness

Who needs co-operative principles - why?

01

Any organization or group looking to operate in a democratic and sustainable manner can benefit from adopting co-operative principles

02

Co-operatives, in particular, rely on these principles to ensure fair treatment of members, promote economic participation, and contribute to the overall well-being of the community

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What is co-operative principles - why?

Co-operative principles are a set of guidelines that govern the operation and management of co-operative businesses. They help ensure that co-operatives adhere to values such as self-help, self-responsibility, democracy, equality, equity, and solidarity.

Who is required to file co-operative principles - why?

Co-operatives are required to file their co-operative principles with the relevant regulatory authorities to demonstrate their commitment to operating in accordance with co-operative values and principles.

How to fill out co-operative principles - why?

Co-operative principles can be filled out by co-operative members or management by providing detailed information on how the co-operative operates, makes decisions, and upholds co-operative values.

What is the purpose of co-operative principles - why?

The purpose of co-operative principles is to guide the ethical operation of co-operatives, promote democratic decision-making, and ensure the fair treatment of all members.

What information must be reported on co-operative principles - why?

Co-operative principles typically include information on the co-operative's governance structure, decision-making processes, distribution of profits, and commitment to co-operative values.

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