Cooperate

Cooperative banks are one of the most powerful economic tools in the world today, and a new initiative called Methuens is trying to create one for its small farmers.The nonprofit has been working with farmers since the early 1980s to help them find land, grow crops, and sell their produce to consumers.The program has helped…

Cooperative Bank of Methuens Coopers, a $8 billion cooperative bank with an international focus, has agreed to take on $10 million of the $14 billion loan from the Federal Reserve, according to The New York Times.The deal comes as the bank’s board is considering whether to expand its operations and invest in the state.The new…