The Union Cooperative Society Ltd

 

 

What is the Union Cooperative?

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The Union Cooperative Society is a member-owned organisation that aims to improve the social and economic well being of its members and their community.

 

It was formed in 1965 to protect the incomes of workers from rising prices by providing goods and services at the lowest possible cost.  While the Cooperative still owns and operates a service station in Moranbah, generally it has largely moved out of retail and is now a financial organisation that astutely cares for members' financial interests.  It also supports working peoples' organisations and communities in many other ways, and is currently investigating ways it can help further develop the communities in both Brisbane and Moranbah.

 

The Cooperative owns the Brisbane Workers Community Centre, the Moranbah service station, the 2 Latrobe and 301 Given Commercial centres and some residential units in Paddington.  It currently has over $7 million in investment properties, members' deposits, reserve funds and debentures.