Imaz Alias, O. & Emaldi Abasolo, J. (2023). “Laboral Kutxa: The Governance of a Multistakeholder Credit Cooperative in the Mondragón Cooperative Experience.” International Centre for Cooperative Management, Case Study 2023-02.
The definitive current case study of Laboral Kutxa, the credit cooperative that grew from the Caja Laboral Popular founded by Arizmendiarrieta in 1959. Now the second largest financial institution in the Basque Country with over €23 billion in assets and 1.2 million customers, Laboral Kutxa voluntarily contributes 15% of its annual surplus to the Intercooperative Social Fund, reinforcing the federation’s community ties. The case documents the governance mechanics of a multistakeholder cooperative whose members include the cooperatives it serves and its own workers.