<Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> <P> Cooperative banking is retail and commercial banking organized on a cooperative basis . Cooperative banking institutions take deposits and lend money in most parts of the world . </P> <P> Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses . </P> <P> Cooperative banks are owned by their customers and follow the cooperative principle of one person, one vote . Co-operative banks are often regulated under both banking and cooperative legislation . They provide services such as savings and loans to non-members as well as to members, and some participate in the wholesale markets for bonds, money and even equities . Many cooperative banks are traded on public stock markets, with the result that they are partly owned by non-members . Member control is diluted by these outside stakes, so they may be regarded as semi-cooperative . </P>

In cooprative banking the borrowers or members are banks