Business Beats

October 13, 2011
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Wilson H. Beebe Jr. of Red Bank was elected chairman of the National Cooperative Business Association (NCBA). Based in Washington, D.C., the NCBA is the primary membership association providing U.S. cooperative enterprises with domestic and international representation. Cooperative enterprises are distinguished by their commitment to member control and economic participation. With over $500 billion in revenue, there are 30,000 cooperatives in the U.S. employing 2 million persons in a variety of economic sectors including credit unions, rural electric, agricultural, grocery, purchasing and shared services.

Beebe is the founder and president of Thanexus, Inc., a funeral service cooperative offering human resource, marketing, communications and financial services to New Jersey’s independently-owned funeral homes. Through this initiative Beebe experienced first-hand the benefits of small businesses combining their efforts and resources to create cooperative organizations that give their participants advantages of scale and scope they cannot achieve on their own. Beebe serves concurrently as the executive director of the New Jersey State Funeral Directors Association, Inc., a trade association leader in professional development and consumer protection, and of the New Jersey Prepaid Funeral Trust Fund, one of the nation’s largest private prepaid funeral trust funds.

Circle BMW, was named a BMW Group Financial Services “Driving Force” member for 2010-11. This honor is presented annually to a select group of BMW retail centers for their commitment to BMW Group Financial Services. Circle BMW is one of 196 BMW centers to be selected this year.

BMW Group Financial Services, which offers leasing, retail and wholesale financing services to BMW owners and centers, created the Driving Force in 1998 to recognize select retailers for their business commitments to BMW FS. Today, those investments have helped the company’s commercial lending portfolio exceed $34 billion in serviced assets.

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BMW FS has made a donation to The Seeing Eye Foundation on behalf of the Driving Force members. This is the third Driving Force donation made to The Seeing Eye. The funds are used to sponsor a puppy-in-training. The newest addition, Reba, will be raised by a foster family for 18 months before heading to Seeing Eye headquarters in New Jersey to undergo rigorous training. After that Reba will be paired with her human partner.


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