A credit union in Cobleskill is a cooperative financial institution that is owned and controlled by its members and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. Many credit unions exist to further community development or sustainable international development on a local level. They are typically smaller than banks, and are generally not-for-profit cooperative institutions. Credit unions in Cobleskill have an unusual organizational structure, which attempts to solve the principal-agent problem by ensuring that the owners and the users of the institution are the same people. In any case, credit unions cannot accept donations and must be able to prosper in a competitive market economy.

Lost in a Sinkhole

The Tampa Bay Area has recently been plagued with deadly and dangerous sinkholes. A recent death in the news has brought to light the ongoing problem that central Florida has been dealing with forever. Most home owners require special insurance on their property to protect from the possible major damages that can be made by sinkholes. Sinkholes are a naturally..