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Cooperative Federation
A co-operative federation or secondary co-operative is a co-operative in which all members are, in turn, co-operatives. Historically, co-operative federations have predominantly come in the form of co-operative wholesale societies and co-operative unions. Gide, Charles; as translated from French by the Co-operative Reference Library, Dublin, ''Consumers' Co-operative Societies'', Manchester: The Co-operative Union Limited, 1921, p. 122, Co-operative federations are a means through which co-operatives can fulfill the sixth Co-operative Principle, co-operation among co-operatives. The International Co-operative Alliance notes that ''“Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.”'' Retail According to co-operative economist Charles Gide, the aim of a co-operative wholesale society, which is owned by retail consumer co-operatives, is to arrange "b ...
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Cooperative
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
'' International Cooperative Alliance.''
Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * businesses owned and managed by the people who consume their goods and/or services (a
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only en ...
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Wales Co-operative Centre
Wales Co-operative Centre is a non-profit co-operative development agency in Wales. It is the largest co-operative development body in the UK, managing several major initiatives in Wales. It delivers a range of projects to promote social, financial inclusion and digital inclusion. Its team of advisors work across the country, helping co-operatives, social enterprises, community groups and voluntary organisations. The Centre was originally an industrial and provident society, which in 2014 became a community benefit society. It is funded through the Welsh Government, Europe, some local authorities and some earned income. The centre has over 80 staff members working across Wales at offices in Caerphilly, Bangor, Carmarthen and Swansea, including its head office in the Y Borth building. Its membership elect a management board, who appoint the executive committee. History 1980s The Centre was established in 1982 by the Wales TUC to provide business support to co-operatives i ...
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Retailers' Co-operative
A retailers' cooperative is a type of cooperative which employs economies of scale on behalf of its retailer members. Retailers' cooperatives use their purchasing power to acquire discounts from manufacturers and often share marketing expenses. A retailers' cooperative is essentially a group of independently owned businesses that pool their resources to purchase in bulk, usually by establishing a central buying organization, and engage in joint promotion efforts. It is common for locally owned grocery stores, hardware stores, and pharmacies to participate in retailers' cooperatives. A consumers' cooperative, sometimes referred to as a retail cooperative, should be distinguished from a retailers' cooperative. Governance and operation Retailers' cooperatives are governed by democratic member control, which generally means one vote per member. Some firms, such as E. Leclerc, are able to make decisions in this fashion, with each member business only receiving one vote. For many retai ...
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Co-operative Party
The Co-operative Party is a centre-left political party in the United Kingdom, supporting co-operative values and principles. Established in 1917, the Co-operative Party was founded by co-operative societies to campaign politically for the fairer treatment of co-operative enterprise and to elect 'co-operators' to Parliament. The party's roots lie in the Parliamentary Committee of the Co-operative Union established in 1881. Since 1927, the Co-operative Party has had an electoral pact with the Labour Party, with both parties agreeing not to stand candidates against each other. Instead, candidates selected by members of both parties contest elections using the description of Labour and Co-operative Party. The Co-operative Party is a legally separate entity from the Labour Party, and is registered as a political party with the Electoral Commission. Co-operative Party members are not permitted to be members of any other political party in the UK apart from the Labour Party or Nor ...
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Political Party
A political party is an organization that coordinates candidates to compete in a particular country's elections. It is common for the members of a party to hold similar ideas about politics, and parties may promote specific ideological or policy Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an orga ... goals. Political parties have become a major part of the politics of almost every country, as modern party organizations developed and spread around the world over the last few centuries. It is extremely rare for a country to have no political parties. Some countries have only one political party while others have Multi-party system, several. Parties are important in the politics of autocracies as well as democracies, though usually democracies have more political parties than autoc ...
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Kansas State University
Kansas State University (KSU, Kansas State, or K-State) is a public land-grant research university with its main campus in Manhattan, Kansas, United States. It was opened as the state's land-grant college in 1863 and was the first public institution of higher learning in the state of Kansas. It had a record high enrollment of 24,766 students for the Fall 2014 semester. The university is classified among "R1: Doctoral Universities – Very high research activity". Kansas State's academic offerings are administered through nine colleges, including the College of Veterinary Medicine and the College of Technology and Aviation in Salina. Graduate degrees offered include 65 master's degree programs and 45 doctoral degrees. Branch campuses are in Salina and Olathe. The Kansas State University Salina Aerospace and Technology Campus is home to the College of Technology and Aviation. The Olathe Innovation Campus has a focus on graduate work in research bioenergy, animal health, pl ...
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Farmland Industries
Farmland Industries was the largest agricultural cooperative in North America when it eventually sold all of its assets in 2002–04. During its 74-year history, Farmland served its farmer membership as a diversified, integrated organization, playing a significant role in agricultural markets both domestically and worldwide. The Farmland brand and its slogan "Good Food From the Heartland" are now owned by Smithfield Foods, the largest pork producer and processor in the world, but Farmland Foods, Inc. operates independently and continues to market meat products under the "Farmland" brand. Farmland Foods serves both domestic and international markets and has revenues in excess of $3.5 billion annually. History The cooperative was founded 1929 by Howard A. Cowden as the Union Oil Company (as a successor to Cowden Oil Company which he founded the year before). In 1935 it took the name Consumers Cooperative Association (CCA), and in 1966 Farmland Industries, Inc. At its peak, the ...
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Land O'Lakes
Land O'Lakes, Inc. is an American member-owned agricultural cooperative based in the Minneapolis-St. Paul suburb of Arden Hills, Minnesota, United States, focusing on the dairy industry. The cooperative has 1,959 direct producer-members, 751 member-cooperatives, and about 9,000 employees who process and distribute products for about 300,000 agricultural producers, handling 12 billion pounds of milk annually. It is ranked third on the National Cooperative Bank Co-op 100 list of mutuals and cooperatives. The co-op is one of the largest producers of butter and cheese in the United States through its dairy foods business; serves producers, animal owners and their families through more than 4,700 local cooperatives, independent dealers and other large retailers through its Purina Animal Nutrition (Purina Mills) business; and delivers seed, crop protection products, agricultural services and agronomic insights to 1,300 locally owned and operated cooperative and independent agri ...
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Agricultural Co-operative
An agricultural cooperative, also known as a farmers' co-op, is a cooperative in which farmers pool their resources in certain areas of activity. A broad typology of agricultural cooperatives distinguishes between agricultural service cooperatives, which provide various services to their individually-farming members, and agricultural production cooperatives in which production resources (land, machinery) are pooled and members farm jointly.Cobia, David, editor, ''Cooperatives in Agriculture'', Prentice-Hall, Englewood Cliffs, NJ (1989), p. 50. Examples of agricultural production cooperatives include collective farms in former socialist countries, the kibbutzim in Israel, collectively-governed community shared agriculture, Longo Maï co-operatives and Nicaraguan production co-operatives.
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National Agricultural Cooperative Federation
The South Korean National Agricultural Cooperative Federation (initialized as NH (in Korean, derived from NongHyup) or NACF) was established in 1961 to enhance the social and economic status of its membership and to promote a balanced development of the national economy. Its role is divided into three areas: marketing and supply, banking and insurance, and extension services. Terminology Although literally referring to local member cooperatives, the term ''nonghyup'' is used by South Koreans to describe both a local cooperative (Korean:농협) and the NACF (Korean: 농협중앙회). History * 2012 - NACF restructured into a federation with two holding companies, to increase effectiveness and competitiveness * 2011 - Ranked ninth largest cooperative by the International Cooperative Alliance * 2011 - Opened NH Residential Hall to accommodate 500 students from farming households * 2011 - Launched 50th anniversary emblem and slogan * 2008 - Ranked third largest cooperative by the ...
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Financial Adviser
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice. In the United States, a financial adviser carries a Series 7 and Series 66 or Series 65 qualification examination. According to the U.S. Financial Industry Regulatory Authority (FINRA), qualification designations and compliance issues must be reported for public view. Details of formal compliance issues can be found on thInvestment Adviser Public Disclosure(IAPD) website and details of non-formal issues can be found oOnesta FINRA specifies the following groups who may use the term ''financial advisor:'' brokers, investment advisers, private bankers, accountants, lawyers, insurance agents and financial planners. Financial advisors need to be able to take the full picture of the client's financial situatio ...
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