How can a credit union serve cohousing?
From: Elph Morgan (elphic.org)
Date: Fri, 10 Oct 2008 09:14:37 -0700 (PDT)
Hi, this is Elph, I live in Great Oak Cohousing and I'm also on the
board of the Sunrise Credit Union.

I was hoping y'all could help me out by coming up with some ideas of
ways the credit union can serve the members and communities of the
cohousing movement.

Our credit union understands cohousing and is focused on serving that
and the larger intentional communities movement.

Some of the things we've done over the last few years are..

1) helping coho communities track their various accounts with our
online banking system - transfer funds easily between accounts
2) provided debit/credit cards to a subset of a cohousing community -
such as a workshop project
3) provide small construction/project loans to individuals and communities
4) provided 5-year ARM mortgages to individuals in cohousing
5) help with chaperoning internal loans between members
6) working with members to accelerate mortgage pay down with MMA and
get out of debt

Are these the kinds of services that you can make use of? And...
What additional kinds of things could we be doing to be useful to you?

-elph

ps. You can reply here (might be an interesting discussion) or I've
whipped up a web page to type the answers into at
http://www.surveymonkey.com/s.aspx?sm=AxW8kZ7LbSvEcO2Oz0eWXA_3d_3d

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