The best kept secret about credit unions might be the opportunities that exist in partnering with other local cooperatives.

Consider the statistics. Globally, the largest 300 cooperatives have collective revenues of $1.6 trillion. In the United States, a recent Filene Research Institute and National Credit Union Foundation report entitled Quantifying the Business Case for Credit Unions and Other Cooperatives revealed that cooperatives’ assets totaled $1.754 billion. A breakdown of those assets revealed $346 billion were non-financial cooperatives, $1.126 billion were credit unions and $282 billion were other financial cooperatives that were owned, at least in part, by non-financial cooperatives.

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