The Co-op Philosophy

So, what’s a co-op?

Quite simply, it’s something greater. On the outside, cooperatives look like any other business but how cooperatives are run is vastly different.

We are not-for-profit which is a very different financial services business approach.  We reinvest profits and proceeds back into our cooperative membership through higher yields, lower rates and greater overall returns.  

We do not have customers - we have members.  All members of the cooperative have a voice and a vote in how GICU is managed. Members of GICU are all owners of GICU who share in the returns.

All of this is based on a very simple but very powerful philosophy – we are greater together.