Tag: Staten Island

Credit Union Sues Trump Administration

On December 5, the Lower East Side People’s Federal Credit Union—a community development credit union and CEANYC member—filed a lawsuit against Donald Trump and Michael Mulvaney for their takeover of the federal Consumer Financial Protection Bureau (CFPB). The CFPB was created in 2010 with the Dodd-Frank Act and exists to make sure that citizens and consumers are treated fairly by banks, lenders, and other financial companies. It is the clearinghouse for complaints and allows for transparency amongst consumers around which companies exploit their consumer bases and how. The CFPB also provides answers to common questions consumers have, an essential service in an unnecessarily complicated structure. Confused about how your auto loan will effect your credit? Want tips on how to engage your children in learning about money and savings? Being called non-stop by a debt collector and curious about the legal limitations you have a right to? The CFPB can and does answer those questions for consumers. Despite all this, Michael Mulvaney, Trump’s illegally appointed new head of the CFPB has referred to the agency as a “sad, sick joke.” […]

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Welcoming New York City Network of Worker Cooperatives!

We are pleased to announce that as part of a new partnership with New York City Network of Worker Cooperatives (NYC NoWC), all NYC NoWC cooperatives are now members (at no additional cost) of the Cooperative Economics Alliance of New York City! As an alliance of worker cooperatives, food cooperatives, community land trusts, housing cooperatives/HDFCs, community development credit unions, community gardens, CSAs, and assisting organizations, we are excited to welcome more worker-owners! With over two thousand groups coming from a range of sectors, NYC’s solidarity and cooperative economy is one of the biggest in the United States. CEANYC brings us together to purchase from each other, learn new skills, and speak with one voice for economic development that benefits, instead of exploits, our communities. NYC NoWC members are encouraged to be active in helping us realize our vision for a truly cooperative city, where we work meet our needs by cooperating together, across all different kinds of co-ops and solidarity enterprises. Here are a few ways NYC NoWC members can make the most of a free CEANYC membership: Cooperative Leadership […]

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About Our Directory

In times of crisis and corruption, we continue to see which solutions work—repair homes, sustain food sources, create jobs, save lives—and which ones do not. When Hurricane Sandy hit New York City in 2012, we were reminded that cooperation in the form of community self-organization and networks of solidarity kept the death count low while large non-profit organizations, corporations, and government support failed to make long-term and effective change. People share, barter, crowdsource, and sacrifice in order to replenish what has been taken from them and maintain what little they may have. Such collaboration has been and will be our greatest strength in the face of other inevitable natural disasters, increased militarization, police brutality, gentrification, and economic crisis. While the resilience and power of a people united is most visible in times of catastrophe, these networks of inter- and cross- community support are operating every day around the world, including here in New York City. Yet, the solidarity economy, despite its rich and diverse history as well as intuitive logic, remains an ‘alternative’ to our dominant system: extractive capitalism. In order to figure […]

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