Guest May Posted December 28, 2012 Report Share Posted December 28, 2012 Hi everyone,I have an enquiring mind and would like to know if anyone has heard of such an animal especially in Australia.M Quote Link to comment Share on other sites More sharing options...
HadEnoughofJuju Posted December 28, 2012 Report Share Posted December 28, 2012 Co-Operative Banking ??? Quote Link to comment Share on other sites More sharing options...
Guest May Posted December 29, 2012 Report Share Posted December 29, 2012 (edited) My understanding is where the customers own the bank so not like Standard Bank here where all the revenue flows to China's economy. I think it would work well here in SA because the masses need a simply discipline on how to manage their monies. The group that started it are respected professionals in insurance, IT and banking. There is lot that I need to learn, they working it on a 'cell' or networking principle where people are mentored. Its been backed by Altech and Standard Bank, I need to tap into my contacts at Standard Bank to see if there is any value. Edited December 29, 2012 by May Quote Link to comment Share on other sites More sharing options...
HadEnoughofJuju Posted December 29, 2012 Report Share Posted December 29, 2012 Sounds like a pyramid scheme to me all polished up and shiny and made to look legal. Maybe if I read more about it and see how it worked I would be less suspicious of it. Quote Link to comment Share on other sites More sharing options...
AndreaL Posted December 30, 2012 Report Share Posted December 30, 2012 http://www.australia.coop/ca/ Quote Link to comment Share on other sites More sharing options...
Guest May Posted December 30, 2012 Report Share Posted December 30, 2012 Hi HadEnoughofJuju, it does and you would have to read more because seems its been going on in different parts of the world for some time. Quote Link to comment Share on other sites More sharing options...
OubaasDik Posted January 5, 2013 Report Share Posted January 5, 2013 Not going to bring my vast financial brain to bear on this, but in Aus there are Community Banks and Credit Unions that may or may not satisfy some of your requirements. Quote Link to comment Share on other sites More sharing options...
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