The Cooperative Principles
Banking with Nusenda Credit Union is different than typical banking experiences because we operate as a cooperative bank, solely for the benefit of our members. We are a not-for-profit organization owned and controlled by our members and guided by seven cooperative principles:
3. Member economic participation
Members contribute to, and control the capital of, our cooperative bank. Simply by using our personal and business banking services as much as possible, you’re making the organization stronger, helping us offer more value to you and your fellow members. Learn more about how you can Earn Your Return.
4. Autonomy and independence
The federal government determines the legislative framework in which we operate, but by increasing your participation in Nusenda Credit Union, you help us stay independent.
5. Education, training, and information
At Nusenda Credit Union, we work hard to keep you informed about our products and services so you can make smart financial decisions. Learn more about our Education & Workshops
6. Cooperation among cooperatives
Cooperatives serve their members most effectively and strengthen the cooperative movement by working together through local, state, regional, national, and international structures.
7. Concern for community
We exist for the benefit of our members and improve the community in which we live and serve. We demonstrate this commitment in everything we do, most notably through our Earn Your Return and Community Rewards programs, as well as through the Nusenda Foundation.