The 7 Co-op Principles
October is National Cooperative Month — a great time to celebrate what makes co-ops around the world unique. One difference between cooperatives and other institutions is co-ops all operate according to the same set of core principles.
Open & Voluntary Membership
Cooperatives are open to anyone able to use their services and willing to accept the responsibilities of membership.
Democratic Member Control
Cooperatives are controlled directly by their members. Elected representatives are accountable to membership, and members are expected to participate actively.
Members’ Economic Participation
Members control the capital of their cooperative and are expected to operate as a not-for-profit organization. If there is a surplus in capital, it is used to fund improvements or expansion, or it is credited to members.
Autonomy & Independence
Cooperatives are autonomous, democratic, and always controlled by members.
Education, Training, & Information
Cooperatives educate members and train employees so they will continue to grow and improve. They also inform legislators and the public about the benefits and nature of cooperatives.
Cooperation Among Cooperatives
The cooperative movement is strengthened by collaboration between cooperative organizations. This can happen at the local, national, and international levels.
Concern for Community
Cooperatives work for sustainable development in their communities through policies agreed upon by their members.