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Home / Latest News from The Mac / 2020 / The Mac Celebrates International Day of Cooperatives

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The Mac has welcomed the theme for 2019’s United Nations International Day of Cooperatives, ‘COOPS 4 Decent Work’ on Saturday July 6.

The theme for 2019 recognises how cooperatives create a decent working environment for their employees and contribute to better working standards for the communities they serve.
The Mac is one of Australia’s 72 customer owned banking institutions that uses 100 per cent of profits to benefit customers. The Mac CEO Dave Cadden says "The Mac is proud to be a cooperative that creates jobs in the Macarthur and Wollondilly communities".

“One of the strengths of the customer owned model is that we employ local people and give back to local communities. Part of being a customer owned banking institution is being part of the community. That’s why The Mac employs Macarthur and Wollondilly people to serve our more than 12,000 customers. The Mac is proud to be a part of a movement that is helping Australians have decent jobs.”

According to the United Nations, the International Day of Cooperatives is an annual celebration of the cooperative movement that has taken place on the first Saturday of July since 1923.

For more information about Australia’s customer owned banking institutions visit: http://www.customerownedbanking.asn.au/

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