News

Annual Report Now Available

Read about our work, our members and the communities where we made an impact in 2016. Check out the Shared Capital 2016 Annual Report.

Build Economic Democracy: Run for the Shared Capital Board of Directors!

Nominations are now being accepted for the Shared Capital Cooperative Board of Directors. The election will be held by mail and in person in April. This year four seats are up for election: three cooperative member representative seats and one individual member seat. Interested in running? Please submit a completed candidate statement and   endorsement…  Read More »

Shared Capital Finances Community-Owned Solar Energy

Financing from Shared Capital Cooperative is helping Minneapolis-based Cooperative Energy Futures (CEF) to initiate multiple community solar garden projects in Minnesota. CEF is an energy efficiency and community-owned clean energy cooperative based in Minneapolis and serving members across Minnesota. CEF develops community solar gardens and provides energy efficiency products and services to local residents. In early…  Read More »

Co-op Brings Grocery Store Back to the Community

When the Renaissance Community Cooperative opened its doors this fall, it brought back a grocery store to a community that had been without one for eighteen years. The new store in this Greensboro, North Carolina neighborhood is the culmination of a nearly two decades-long saga that began in 1998 when Winn Dixie closed its supermarket…  Read More »

Looking Forward and Looking Back: Shared Capital Issues $5.5 million in Cooperative Loans, More Committed for 2017

2016 is shaping up to be Shared Capital Cooperative’s busiest year ever. Shared Capital originated nearly $5.5 million in loans to more than 25 cooperatives this year. The financing supported affordable housing, worker-owned businesses, as well as small farmers and grocery co-ops from Seattle to Atlanta and from New York to Texas. “We are seeing…  Read More »

Board Election Results

We want to thank everyone who ran for our Board of Directors this year and members who voted in the Board elections. The election process is an important part of what differentiates the cooperative movement and Shared Capital in particular by increasing democratic control of capital. The Board’s service and commitment to the cooperative by…  Read More »

Family Farms Blossom at The Seattle Wholesale Growers Market

“When the market is filled with people and flowers, there is a contagious feeling that we’ve achieved something really special,” explains Debra Prinzing of Slow Flowers. Eighty percent of the cut flowers sold in the US are imported. The cooperatively owned Seattle Wholesale Growers Market is trying to change that. Located inside the Seattle’s historic…  Read More »

Organic Valley Principle 6 Cooperative Growth Fund Issues First Co-op Loans

The Organic Valley Principle 6 Coopertive Growth Fund recently announced its first loans, approving financing for Lexington Cooperative Market, Linden Hills Co-op, and Dill Pickle Food Co-op. The loans support the expansion of each of the co-ops. Lexington Cooperative Market is building its second store in Buffalo, New York; Linden Hills Co-op is remodeling its store…  Read More »

Save the Date: Shared Capital Annual Meeting and Cooperative Forum April 12

Shared Capital Cooperative Annual Meeting & Cooperative Forum April 12, 2016 2-5 pm Shared Capital’s 2016 Annual Membership Meeting will be held at Open Book in Minneapolis on April 12 from 2 to 5 pm. The event will include a Cooperative Forum on the topic of “Building Economic Democracy”, in addition to board elections and a brief…  Read More »

Press Release: New Name

FOR IMMEDIATE RELEASE Cooperative Loan Fund Changes Its Name NCDF is now called Shared Capital Cooperative MINNEAPOLIS, MN, January 11, 2016 Northcountry Cooperative Development Fund announced that it has changed its name to Shared Capital Cooperative. The Minneapolis-based loan fund specializes in providing loans and business assistance to small businesses and affordable housing that are…  Read More »