Cooperative principles promote the idea of an informed, educated membership. In furtherance of this ideal, the cooperative will make available to its members to view any information they request that is in germane to their interests as members, only with the exception of information the revelation of which would be adverse to the best interest of the cooperative or its members.
A. Members will be provided routine information which affects their involvement in and patronage of the cooperative, including rate schedules, service rules and regulations, Articles of Incorporation, bylaws, board policies, operating and other financial reports that are regularly presented to the board or supplied to lending agencies, member publications, minutes of member meetings, and their own billing history.
B. Other information will not be provided which is confidential or private concerning individuals employee by the cooperative such as:
1. Wages or salaries and benefits of specific employees
2. Any employee’s (including the chief executive’s) personnel file or records, or any other person’s file or record if and to the extent which would entail, or run significant possibility of entailing, an invasion of such employee’s or other person’s privacy. (If a member wants to know how the cooperative determines the compensation of employees, the chief executive or his designee will explain this.)
C. Information which is of confidential corporate nature will not be provided to members, such as:
1.The names, addresses, or telephone number of the members, past and/or current; or
2. Any information which constitutes a trade secret, process, program, trademark, or other legally protectable confidential information or thing owned, protected in confidentiality or contract by the cooperative.
D. General access to minutes of the board or its committees shall not be provided. Excerpts from a particular meeting concerning a specific action shall be made available to a member upon request unless it contains information mentioned in “B” and “C” above.