The place of common bond: Can credit unions make place for solidarity economy?

Marianna Pavlovskaya
Craig Borowiak
Maliha Safri
Stephen Healy
Robert Eletto
Geography of credit unions with different type of common bond (community) in New York City

About 6,000 financial cooperatives, called credit unions, with more than 103 million members manage over $1 trillion in collective assets in the United States but are largely invisible and seen as inferior to private banks. In contrast to banks that generate profit for outside investors and do not give voice to customers, these not-for-profit institutions have a democratic governance structure and a mission to provide good services to their members.