The Co-op Philosophy

So What’s A Co-Op?

Quite simply, it’s us – and more than us - 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 are all owners who share in the returns.

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