Final answer:
A cooperative would be the best option for a group of workers from the same organization who want to pool their resources, as it is a member-owned and democratically controlled organization aimed at serving its members' needs. Unlike banks and credit unions, co-ops prioritize economic service and member benefits over profit.
Step-by-step explanation:
If a group of workers from the same organization wants to pool their resources together, the best organization for them to put their money would be a cooperative. A cooperative, or co-op, is a business owned and democratically controlled by its members with the primary purpose of meeting the needs of those members. Unlike traditional businesses that focus primarily on profit maximization, co-ops seek to provide economic service and benefits to their members, which could include better rates, shared profits, and democratic decision-making. This differs from savings banks and credit unions which are more traditional financial institutions that accept deposits and make loans, often offering insured savings accounts and CDs with various levels of liquidity and risk.
Banks, savings institutions, and credit unions are related as financial intermediaries but serve different needs. Credit unions are nonprofit institutions that are often more aligned with the cooperative philosophy as they are owned by their members, usually offering higher savings rates and lower loan rates compared to traditional banks. However, the unique structure and member-centric benefits of a cooperative make it the most appropriate option for a group of workers looking to pool resources and have a say in the organization's operations.