Frequently Asked Questions

People have a lot of questions about how the Fairbanks Community Cooperative Market (Co-op Market) will work since it is a relatively new concept in Fairbanks. Our growing list of frequently asked questions about what the Co-op Market is and how it will work are answered here. If you have a question not answered here, please email us at info@fairbankscoop.org.

Good question! We're working hard to finish the business plan and raise seed money through memberships. When those tasks are complete, we will secure loans from banks and private lenders to remodel and outfit the store with up-to-date equipment. The initial loans will also help us stock the shelves. We're probably looking at some time in 2011.

The Co-op Market will be a fully stocked grocery store. Unlike Fred Meyer or Safeway, there will not be a liquor store, electronics, motor oil and the like. We will concentrate on providing fresh, wholesome food from reputable producers. We will support local farmers and ranchers, but not exclusively. Oranges just won't grow in Fairbanks.

The Fairbanks Community Cooperative Market will be owned by local people believing in wholesome food. These people, founding members, bought shares in this project at its inception for $200. You can still become a founding member, contact us for details.

We will be instituting a member loan program in the future for people wishing to loan money to the Co-op Market. Details of the program are currently being developed.