Examples are Credit Unions and Mutual Insurance Companies. Southwicke Square Cooperative make up a community owned and operated by the residents. Thousands of families in the Detroit and surrounding areas enjoy this modern, cooperative way of living better at less expense. each family has an equal vote in the co-op corporation, which holds title to the property. A Board of Directors is elected by, and from the residents, which establishes standards to insure that the community is maintained as a desirable place in which to live.