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July 15, 2014    
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Cooperatives are powerful development partners, panelists say at UN discussion

Panelists representing the cooperative sector made the case at United Nation’s headquarters last week for the international development community to embrace cooperatives as partners.

The panel discussion on the impact of cooperative development on sustainability fell during the week the international community celebrated the 20th annual International Day of Cooperatives, observed this year on July 7.

“Cooperatives can do anything a for-profit business can do, with one caveat: they can do it better,” said panelist Mike Beall, president and CEO of NCBA CLUSA. “They can do it ethically, they can do it by not overly seeking profit, and they can do it by involving community.”

The UN has actively sought the inclusion of cooperatives since it named 2012 the International Year of Cooperatives. “Cooperatives are a reminder to the international community that it is possible to pursue both economic viability and social responsibility,” UN Secretary General Ban Ki-moon said during observations that year.

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NCBA TALKS 2014

NCBA TALKS 2014

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  THUMB 01 Domains.coop launches cooperative identity toolkit

Domains.coop launched a toolkit last week meant to encourage more organizations to complete their cooperative identity by adopting the email and web address Top Level Domain “.coop” and the cooperative logo, or “marque.”

The toolkit includes a downloadable poster, a video message from Dame Pauline Green, president of the International Co-operative Alliance, video tutorials, message points for newsletters and websites, a “.coop Toolkit” clickable button, and banner ads available in English, French and Spanish—all designed for use in member communications.

The poster, “Seven reasons to adopt the global cooperative identity” was designed by Calverts, a worker co-op based in the United Kingdom that previously developed the cooperative marque.

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  THUMB 01 NCBA CLUSA President Mike Beall to speak at first ‘Passion & Purpose’ summit

The first Passion & Purpose Online Summit will convene 20 diverse speakers who will share motivating stories and life experiences via live webinar July 24 to 28.

Called “Ignite your Passion: 5 Days, 5 Ways,” the summit asks speakers to represent themselves and their topic in a way that reflects both the passion and purpose of their brand.

The format includes a 30-minute presentation by each speaker about a life experience or story that best reflects his or her passion and purpose. Each presenter will close by offering five tangible action items or lessons learned that audience members worldwide can apply in their own lives as they discover, live or share their passion and purpose.

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  THUMB 01 Upswing in power sales secures electric co-ops as fastest-growing segment of industry

A recent upswing in power sales indicates that co-ops continue to be the fastest-growing segment of the electric utility industry. ECT Staff Writer Steven Johnson reports in this story published by the National Rural Electric Cooperative Association:

The decline in power sales for electric cooperatives is over—at least for now.

Reversing a recent trend, electric cooperatives’ median kilowatt-hour sales grew by 3.13 percent in 2013, according to an assessment conducted by the National Rural Utilities Cooperative Finance Corp.

That gain follows some of the sharpest median sales declines on record and comes as co-ops continue to solidify their financial standing, a CFC official said.

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  THUMB 01 Credit unions a good option for anyone, even NBA stars

Should credit unions reach out to pro athletes? Bill Hampel, president and CEO of the Credit Union National Association, explores the issue in this op-ed:
 
The recent op-ed by the leader of the American Bankers Association (ABA), former Gov. Frank Keating “Should taxpayers subsidize sports stars’ checking accounts?” is correct in pointing out that the Federal Credit Union Act passed in 1934, but that’s about all it got right. 

Credit unions are tax-exempt based on their structure as not-for-profit, volunteer-led cooperatives with a special mission to promote thrift and provide access to credit for provident purposes. The tax status is not based on the size of credit unions or the products and services that they offer. In fact, this rationale for the tax-exempt status has been ratified several times by Congress.

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  THUMB 01 Alabama credit unions join nationwide 'Bank On' campaign for unbanked

A nationwide initiative called “Bank On” is helping people who have experienced past financial troubles join the financial mainstream by reducing barriers to banking and providing education in financial literacy. The Credit Union National Association published this report on the latest credit unions to join the effort:

Four Alabama credit unions have joined a national campaign to help consumers become more financially independent.

In south Alabama, the Bank On initiative includes more than 20 credit unions and banks that offer financial services at lower costs to the community (al.com, July 11).

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NCBA CLUSA Upcoming Events  

 
Ethics and Compliance: Why are they Important to the Co-op and Its Employees?
2014-Jul-18 01:00 pm - to - 2014-Jul-15 02:00 pm
 
 
 
 
2014 Purchasing Cooperatives Conference
2014-Sep-08 10:00 am - to - 2014-Sep-10 12:30 pm
 
 
 
2014 Annual Cooperative Conference
2014-Sep-09 01:45 pm - to - 2014-Sep-11 11:45 am
 
 
 
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About NCBA CLUSA
The National Cooperative Business Association CLUSA International (NCBA CLUSA) is the trade association for cooperative businesses in the United States and an international development organization. NCBA CLUSA provides cross-sector education, technical assistance, and advocacy that helps co-ops thrive. For nearly 100 years, NCBA CLUSA has sought to advance and protect cooperative enterprises, highlighting the impact that cooperatives have in bettering the lives of individuals and families. In the last 60 years, NCBA CLUSA has worked in over 100 countries in the areas of food security, agricultural development, strengthening of communities and farmer organizations, community-based health, natural resources management, and empowerment of smallholder farmers, women, and youth. We currently work in 15 countries in Africa, Latin America, and Asia.
 
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