Voluntary and Open Ownership-Cooperative Principle #1

Earlier this summer, we touched on one of the principles of cooperatives: democratic owner control. Yankee Farm Credit strives to maximize all of the benefits of the cooperative structure.
These benefits, or principles, of a cooperative are as follows:

  1. Voluntary open ownership
  2. Democratic owner control
  3. Owner economic participation
  4. Autonomy and independence
  5. Education, training, and information
  6. Cooperation among cooperatives
  7. Concern for the community
So what does voluntary open ownership means for Yankee Farm Credit?

As an equal opportunity lender, we are committed to providing services regardless of race, color, national origin, religion, gender, handicap, or familial status (having children under the age of 18). This is detailed in our privacy policy alongside other codes of practice.

At Yankee, we are not following these acts and codes because we are forced to. We believe in the regulations that are set forth to protect our borrowers and ensure their continued success. Recognizing the rich diversity in the agricultural industry is the first step to fostering an environment within which everyone can participate.

We support all farmers regardless of their demographics as well as the nature of their business. From urban CSAs to rural dairy farms, we are with you for the long haul. Yankee recognizes that agriculture is changing, so we are changing with it by expanding our offers and keeping the doors open for new enterprises and ideas.

We want to invest in you and your business no matter what it looks like. 
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Co-op Month has been a nationally recognized celebration since 1964, when U.S. Secretary of Agriculture Orville Freeman, a former Minnesota governor, proclaimed October Co-op Month.

2020's Cooperative Month's theme is, "Co-ops Commit: Diversity, Equity and Inclusion"

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