CCSF is a federation that manages a network of cooperative credit unions (CBMIFOs). As with any financial institution, its priority and challenge is to manage financial risk and to protect our members’ deposits.
A centralised stabilisation fund has been created to protect the organisation and the individual members in the case that a single CBMIFO faces financial instability.
This solution is considered best practice by cooperative financial institutions worldwide. CCSF’s model has been developed with advice from our partner, the Rabobank Foundation. This fund will mitigate irregularities, protect against insolvency, and maintain the trust of our members and financial authorities.
Read our financial reports.