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By: Sara
Sack, Ph.D. |
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Assistive Technology for Kansans |
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(316) 421-8367 |
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Cooperatives are generally member-owned,
professionally managed businesses. |
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Members pool their resources and work together
to gain control of their lives. |
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Common examples include: food coops, health care, childcare, and
housing. |
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Checking and savings accounts |
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ATM’s |
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Traveler’s checks |
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Credit and debit cards |
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Home financing |
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Credit Unions have members, not customers. |
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They are organized according to democratic
principles. |
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Credit Union officials are volunteers and by law
cannot be paid for their services. |
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Commitment to a consumer (member)-driven
process. |
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Comfortable serving persons of middle and low
incomes. |
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Commitment to being equal partners. |
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Committed to flexible rates and terms -- and in
general doing what is necessary to serve their members. |
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Membership requirements may be a problem. |
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We work with a Credit Union whose membership
includes: 1) all residents of
Kansas, and 2) all individuals who work for one of the employee groups of
which there are over 100. |
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However, many Credit Union membership’s are
bound by geographic or employment boundaries. |
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