Development Fund Mission & Objectives

As the financial arm of the Co-operative Movement, the mission of the Arctic Co-operative Development Fund is to provide financial services to the member owners so that they can help each other achieve and maintain financial stability, sound business practices and operational growth.

The Objectives of Arctic Co-operative Development Fund, are:

  • To formulate and adopt policies and programs that enables the Fund to offer the most effective financial services to Member Co-operatives consistent with their changing needs.
  • To actively participate in the education and training of individual members, elected officials and employees of the Co-operative Movement to ensure the ongoing growth and stability of the movement through knowledgeable people.
  • To develop and maintain effective public relations programs that provide members, institutions and the general public with an understanding of the Co-operative Movement.
  • To conduct our affairs in a socially responsible manner that will enhance the image of Co-operatives and contribute to a better quality of life.
  • To operate in a financially responsible manner that will generate adequate levels of savings and increase member equity to enable the Co-operative Movement to grow in an orderly manner.
  • To take an active role in coordinating and participating in the appropriate solutions to members’ financial and developmental needs.
  • To provide the minimum financing consistent with the members’ needs over the shortest period of time, and to leverage other financial institutions and government programs to supply the main portion to the funding.
  • To provide an environment for the employees to achieve self-fulfillment, while striving to meet the economic and social objectives of the Fund.
  • NOTE: No ranking of objectives according to priority or importance is implied by the order in which they are listed. Each objective is important.