Forum Post: Phelps County Bank - a cooperative bank owned by the tellers!
Posted 13 years ago on Oct. 24, 2011, 10:44 p.m. EST by Cooperativist
(29)
This content is user submitted and not an official statement
Have you ever imagined a bank that is owned by its tellers?
This bank exists. It's Phelps County Bank, from Rolla, Missouri. The bank is owned by its employees.
Read more about this bank here:
http://www.yesmagazine.org/issues/economics-as-if-life-matters/776
And also in the official website:
http://www.phelpscountybank.com/history.cfm
Surprised?
Start your cooperative today!
Phelps County Bank is the proof that EVERYTHING can be a workers' cooperative. Even a bank!