without exception.</li><li><span style=\"font-weight: bold;\">Democratic member control.</span> Each member has equal say in the operation of the credit union (one member
January 11, 2014
In 1844, a small group of weavers from Rochdale, England created the blueprint for how their newly-formed cooperative would operate and serve the local community. Little did they know their efforts would not only survive, but go on to become the values that cooperatives would live by in the centuries to come.
These values, known as the Seven Cooperative Principles, serve as the operating guidebook for credit unions and cooperatives throughout the world. The principles have been modified through the years but remain very close in spirit to those originally envisioned so long ago.
To honor the legacy of the Rochdale Weavers and call attention to the ways that Carolina credit unions continue to honor these principles in their day-to-day operations, the Carolinas Credit Union League (CCUL) created the Seven Principles Blog. \"The Seven Principles Blog showcases the everyday efforts of credit unions in the Carolinas to honor their cooperative mission and purpose,\" said CCUL Director of Cooperative Initiatives Jeff Hardin.
The blog structure includes a news item shared by the credit union