skip mobile nav
skip social channels
skip header skip main navigation skip dropdowns
Co-operative Principles & The Credit Union Experience


Co-operative Principles & The Credit Union Experience

Posted on by Fox Communities

How do the 7 co-operative principles shape your credit union experience?

Credit unions put their values into practice by following the 7 co-operative principles. This sets credit unions apart from all other financial institutions, strengthens the community and benefits you too!

#1: Voluntary and Open Membership

No matter what your financial situation looks like, the door is open, without gender, social, racial, political or religious discrimination. See Fox’s membership eligibility webpage for details.


#2: Democratic Member Control

You help call the shots by electing a board of directors. One primary member equals one vote. This is local democracy in action.

Learn more about Fox’s board of directors here.


#3: Member Economic Participation

Better rates, lower fees and services that benefit the entire credit union. The more that members participate, the more there is to go around.

See Fox’s low rates.


#4: Autonomy and Independence

As a financial co-operative, your credit union is controlled by real members like you, instead of outside shareholders.



#5: Education, Training and Information

Access to financial literacy tools and resources. Credit unions believe that education contributes to personal growth.

Here at Fox, we offer a lot of education resources. Check them out under our Education tab on our webpage.


#6: Co-operation Among Co-operatives

Your credit union strengthens the co-operative movement by partnering with organizations that share the same important values.


#7: Concern for Community

Knowing that your day-to-day banking translates into benefits for charities, local businesses and the entire community.



The International Co-operative Alliance is the caretaker of the internationally accepted co-operative principles. Visit to read the full principles.

Brought to you by It’s a Money Thing, the co-operative visual identity is the property of the International Co-operative Alliance

Leave a Comment


Any external site listed here is not operated or under the control of Fox Communities Credit Union (FCCU). By clicking on CONTINUE below, you will access a third-party site that is not operated by FCCU. FCCU is not responsible for the content of the third-party website. FCCU does not represent either you, or the website operator, if you enter into a transaction.

Please note that when you exit our site, our Privacy and security policy is no longer in effect. Privacy and security policies may differ from those practiced by FCCU and you should review the alternate websites' policies. You may cancel moving to the third party website by clicking on "X" to stay on



You are about to leave Fox Communities Credit Union's website. Any external site listed here is not under the control of Fox Communities Credit Union. Thank you for visiting. Please return when you need information about Fox Communities CU's products and services.