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Aspire Credit Union

Aspire Credit Union

Aspire Membership

As a credit union, we operate every day with the seven cooperative principles in mind.

For our scholarship this year, please choose one of the seven principles and write a one-page essay about how this principle is good for the community a cooperative serves.

Please email the essay to riannek@aspire.creditunion by May 5, 2023.

The 7 Cooperative Principles

  1. Voluntary and Open Membership
    • Membership in a cooperative is voluntary and non-discriminatory.
  2. Democratic Member Control
    • Each member receives one vote. This contrasts with other corporations where the number of shares owned determines voting power.
  3. Members’ Economic Participation
    • Members contribute to, and democratically control, the financial resources of their cooperative.
  4. Autonomy and Independence
    • Cooperatives are independent, self-help organizations controlled by their members.
  5. Education, Training, and Information
    • Cooperatives provide education on the principles and practices of cooperative business so that members will be good decision-makers and the general public will better understand cooperatives.
  6. Cooperation Among Cooperatives
    • Cooperatives work together at the local, regional, national, and international levels to further economic democracy.
  7. Concern for Community
    • Cooperatives work for the sustainable development of their communities through policies accepted by their members.

Winner

One winner will be selected for this scholarship valued at $1,000 by May 30, 2023, and notified via phone.  The recipient will pick up their check at the credit union and there will be a photo opportunity.