Co-Op Information

Elliot Lake is community on the move: NOHFC - Elliot Lake Standard

A shining example sums up Aime Dimatteo’s feelings about Elliot Lake. The executive director of the Northern Ontario Heritage Fund Corporation (NOHFC) says during a time of collapsing industries and communities, Elliot Lake managed to not only ...

Grocery Co-op’s policy changes are unfair, dishonest - Union

I am writing to air my feelings about the changing policies of a local health food store. The members are being asked to bear the burden of recent reduction in profits. They were not warned that expansion might put the business at risk of financial ...

Beijing, Mexico City to begin wide range of co-op - Xinhua News Agency

MEXICO CITY, April 7 (Xinhua) -- Beijing and Mexico City are scheduled to kick off in June eight cooperation programs, city officials said on Tuesday. "The themes which will be under discussion are construction of science parks, tourism, environment ...

New accounting procedures reduce calculation of PEC's assets in latest ... - Austin American-Statesman

JOHNSON CITY — A change in accounting procedures for the latest audit of the Pedernales Electric Cooperative's books significantly reduces the calculation of the co-op's assets and member equity. Long-awaited financial statements released Monday ...

Haywood co-op faces eviction - Asheville Citizen-Times

WEST ASHEVILLE – The tough economic climate has taken a toll on the Haywood Road Market, leaving the food cooperative facing eviction at the end of May. “We certainly are not going out without some real energy and an attempt to find a different ...

Should you support the 'supermutual'? - This is Money

Over the next few weeks, Britannia Building Society hopes to persuade its 1.5m members to approve a takeover by the Co-op. Rewards: Boss Neville Richardson. Joining the country's second-biggest society with the mighty Co-operative Financial Services ...

Co-op Bank profits rise as it cashes in on public backlash - Scotsman.com

THE Co-operative's banking arm yesterday hailed its "cautious and responsible" approach to lending as it shrugged off the financial crisis to post a 70 per cent hike in underlying profits. The surplus at the banking operation of Co-operative ...

Co-op Bank outshines rivals - Financial Times

The Co-operative Bank sailed through market turmoil in 2008, lifting profits by 70 per cent as depositors flocked to it for security. While its listed competitors struggled, profits at the mutual rose from £50.4m to £85.6m in the year to January 10 ...

Co-op reaps rewards of 'boring' banking - Daily Telegraph

Co-operative Financial Services (CFS), which includes both bank and insurance operations, enjoyed a flood of deposits that the division's chief executive David Anderson attributed to "our reputation for solidity". He added: "People see us as a bit ...

'Cautious' approach aiding Co-op - BBC News

An increase in deposits and a "cautious" approach has led to a steep increase in profits in Co-operative's banking services, it says. Co-operative Financial Services (CFS) has reported pre-tax profits of £147m for the period from January 2008 to ...

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