mutual organization

It is a mutual organisation run for the benefit of its members.

Already, around 45,000 people deliver public services through mutual organisations.

Some Mutual organization bodies, such as building society, are also included on this list.

A building society is a financial institution owned by its members as a mutual organization.

In other countries there are mutual organisations similar to building societies:

The Co-op - which as a mutual organisation does not have shareholders - has 1.5 million current account customers.

The second is a demutualization of a mutual organization or cooperative to form a joint stock company.

The friendly societies are non-profit mutual organisations owned by their members.

It was a mutual organisation, jointly owned by those saving and borrowing.

In this way the mutual organization becomes a corporation, with shares that are listed on a stock exchange.

To use this word in a proposed name the company should normally be a mutual organisation such as an industrial and provident society.

These insurances are provided by Gard on a commercial basis rather than through the mutual organisation.

Like all United Kingdom building societies, it is a mutual organisation owned by its current members.

Mutual organisations are effectively owned by, and run for the benefit of, their members and customers.

As a mutual organisation, Heritage is collectively owned by its members, not by shareholders.

Stock exchanges originated as mutual organizations, owned by its member stock brokers.

Depending on the structure, it may be a collective or mutual organization, which is operated according to the principles of cooperative governance.

AMEX was previously a mutual organization, owned by its members.

It is a mutual organization or benefit society composed of a body of people who join together for a common financial or social purpose.

The Government plans radical reform of the public services to enable entrepreneurial front line staff to form mutual organisations and take over the services they provide.

Building societies are mutual organizations run for the benefit of their depositors; their success is measured in terms of growth.

There are lots of very successful well known mutual organisations, notably John Lewis on the high street and building societies like Nationwide.

Most borrowing is funded by either mutual organisations (building societies and credit unions) or proprietary lenders (typically banks).

He sought to revive co-operative and mutual organisations in the late 1990s through Mutuality Australia.

The Act also contains the option for Post Office Ltd to become a mutual organisation in the future.