Co-Ops 4 Change launched the petition below on WhiteHouse.gov in late February of 2013. In just 30 days, the petition asking President Obama to choose NCUA leaders who understand cooperatives amassed over 6,000 signatures. By White House rules, any petition that does not accrue 100,000 signatures by the end of a 30 day period will automatically close. We at Co-Ops 4 Change believe that the 6,000 supporters of the cooperative model deserve to continue to be heard. As a result, we have moved the petition to Coops4Change.org. If you weren’t able to sign the petition in the first 30 days, don’t worry. Our petition isn’t going anywhere. By signing it, you are affirming your support for the petition below:
WE PETITION THE OBAMA ADMINISTRATION TO:
Choose NCUA Leaders Who Understand Cooperatives
We respectfully request that President Obama select NCUA leaders who understand the shared economic value for people and communities created by the Cooperative model.
Appointed NCUA governing leaders should hold to the same standards credit unions themselves follow. They should be motivated by the unique contributions and needs of a Cooperative business.
Credit Unions are Cooperatives built by members who fund them. They are democratically organized and operated. They adhere to the 7 Cooperative principles
- Voluntary and Open Membership
- Democratic Member Control
- Member Economic Participation
- Autonomy and Independence
- Education, Training and Information
- Cooperation Among Cooperatives
- Concern for Community
We seek an open, visible process so that the best possible leaders can be chosen. A strong Cooperative regulator is essential for a sound credit union system.