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Co-operatives UK is a British co-operative federation described as "the central membership organisation for co-operative enterprise throughout the UK". [3] It was founded in 1870 as the Co-operative Central Board, changing its name to the Co-operative Union [4] before finally becoming Co-operatives UK following its merger with the Industrial Common Ownership Movement (ICOM) in 2001. [5]
This reciprocal membership agreement means members of these societies can earn membership points at more than 90% of UK co-operative outlets. Dividend payments are made at the rate of the society where the points were earned, not the society of the member, although the member's society is responsible for distributing the payment.
Central England Co-operative finally disposed of the Scunthorpe store to Oldrids & Co. in 2016. [20] Later in 2011, AHF Home Furnishings was transferred to Anglia Home Furnishings Holdings as a going concern. A partner of the Society, Anglia Home Furnishings is the largest employee-owned co-operative in the UK. [21]
Members of Central England Co-operative can also earn points when trading with other co-operative societies (such as The Co-operative Group and The Midcounties Co-operative) whereby their share of the profit in the other business is transferred to, and paid by, Central England Co-operative from the other co-op every 6 months. Conversely members ...
Credit unions are a loan and savings co-operative. Members normally have a 'common bond' to make them eligible for membership. Commons bonds are usually that all members live in a certain locality, work for a common employer or belong to the same trade union, church or association. Because of the need for a common bond, most credit unions ...
Southern Co-operative branch in New Alresford, Hampshire in 2020. Registered in England and Wales under the Co-operative and Community Benefit Societies Act 2014, [1] Southern is a member of Co-operatives UK, the Co-operative Retail Trading Group and a corporate member of The Co-operative Group.
Registered under the Co-operative and Community Benefit Societies Act 2014, [1] the Society is a member of Co-operatives UK (formerly the Co-operative Union), the Co-operative Group (formerly Co-operative Wholesale Society) and its national buying scheme, the Federal Retail Trading Services.
The Chelmsford Star Co-operative Society is an independent consumer co-operative in the United Kingdom. Registered under the Co-operative and Community Benefit Societies Act 2014, [1] the Society is a member of Co-operatives UK, the Co-operative Group and the national co-operative wholesaler Federal Retail and Trading Services. In 1995, it had ...