The 2016 NCBCo op 100

A BETTER WORLD

®

WELCOMETO THE

CO OP 100

While cooperatives may offer the same kinds of goods or services as publicly traded firms, they use distinctly different business models. Cooperatives are owned and controlled by the very people who use and benefit from their goods and services: the members. Having a vested interest in the co-op fosters a natural closeness and accountability between owner/members and management.

Cooperatives also differ from IOFs in how they are perceived by the public. A survey conducted in 2015 by ORC International revealed that Americans believed that compared to investor-owned corporations, cooperatives run their business in a trustworthy manner and have the best interests of

L ike investor owned firms (IOFs), cooperatives employ millions of people, pay taxes and give back to their communities. They are organized under bylaws and articles of incorporation. They provide valuable products and services, trade in the global market and deal with competition.

And like, IOFs, cooperatives feel the pressure of a deflated stock market and commodity pricing. As a result, co-op revenues for 2015 dropped 8.6% from the previous year mainly in the agricultural sector. Still, with more than $223 billion in revenues, it’s safe to say that cooperative businesses remain powerful economic contributors.

In releasing the annual NCB Co-op 100®, National Cooperative Bank proudly highlights America’s top 100 cooperatives. These member- owned, member-controlled businesses generated revenues of

$223.8 billion in 2015.

consumers in mind while conducting business. Those surveyed also believed that co-ops are committed to and involved in their communities; are committed to providing the highest quality service to their customers; and can be counted on to meet their customers’ needs.

Cooperatives remain a trusted, viable and successful business model. They build jobs and community. Cooperatives Build A Better World. That’s not only something to be proud of - it’s just good business.

Charles E. SnyderPresident and CEONational Cooperative Bank

Equal Exchange Co-op

A consumer is 78% more likely to choose a co-op over another business after understanding what a co-op is. 1 out of 3 Americans is a member of a co-op.

Spending $10 per month locally would return $9.5 million to

local communities

For every $100 you spend locally, $68 stays in your community

Local businesses account for

over 65% of all new jobs

Co-ops provide 2.1 Million Jobs in the U.S.

Co-ops create annual wages of $75 billion

Co-op farmers provide more than 190,000 jobs and annual wages of $8 billion

Electric Co-ops employ more than 75,000 Americans and account for more than 1/3rd of the U.S. electric utility usage

If you don’t see your co-op on the NCB

Co-op 100 list and you think it should be, call us. More than likely, we just didn’t have your information

needed to rank your co-op. It would be

great to see you join the list next year!

WANT TO SEEYOUR CO-OPON THE LIST?

Co-ops worldwide operate using these principles

7Cooperative Principles

Voluntary and openmembership

Democratic membercontrol

Members’ economicparticipation

Autonomy andindependence

Education, trainingand information

Cooperation amongcooperatives

Concern for community

1

2

3

4

5

6

7

Smaller Co-ops Make a Difference Too!WHAT YOU SEE ON THE NCB CO-OP 100® are only the top 100 cooperatives

in America. Thousands more don’t make this list because of their smaller size.

Cooperatives large and small provide important and valuable services to

their members in communities and neighborhoods all across the country.

COOPERATIVES BUILD TRUST

COOPERATIVESBUILD JOBS

COOPERATIVESBUILD

COMMUNITY

Vision: Health as it could be, affordability as it must be, through relationships built on trust. HealthPartners, Inc. is the largest consumer governed nonprofit health care organization in the US, and cares for over 1.2 million patients each year, maintaining strong relationships with patients built on trust. Fun Fact: HealthPartners primary care clinics participate in Reach Out and Read, a national program that builds on the relationship between parents andtheir pediatrician to foster child braindevelopment by encouraging parentsto read to their children.

#7

#8

#63

ACE Hardware (#8) provides more than 85,900 jobs worldwide. But did you also know that no two Ace stores

are exactly the same, and an average store carries 30,000 unique products. Something for everyone!

Cabot Creamery Cooperative (#63) is deeply committed to building and fostering communities through its Girl

Scout Patch and Reward Volunteers Programs. From February 2012 through March 2016, nearly 3,500 volunteers logged over 270,000 hours to benefit more than 4,000 organizations.

Did you also know that Cabot Creamery churns out 46 million pounds of butter each year. That’s 175,000 pounds of butter aday. That’s a lot of butter!

‘15 ‘14 2015 2014 2015 2014 PRESIDENT/CEO CITY/STATECOOPERATIVE NAME IND.

The 2016 NCBCo op 100 List

Each year, the NCB Co-op 100® announces the top 100 cooperatives in America; highlighting the business activity and economic power of

these member-owned, member-controlled businesses. The only annual report of its kind, the NCB Co-op 100® is an important indicator of

cooperative business activity across the country.

RANK REVENUE ASSETS

CHS Inc.Wakefern Food Corp./ShopRiteDairy Farmers of America Land O'Lakes, Inc. Associated Wholesale Grocers, IncGROWMARK, Inc.HealthPartners Inc.ACE Hardware Corp.Navy Federal Credit UnionAg Processing Inc.Unified Grocers, IncGroup Health CooperativeCalifornia Dairies, Inc.Do-it-Best Corp.DarigoldRecreational Equipment Inc.CoBank United Suppliers, Inc.Basin Electric Power CooperativeTrue Value CorporationAssociated Food StoresCentral Grocers CooperativeSouthern States Cooperative Prairie Farms Dairy Inc.Ocean SprayAssociated Milk Producers, IncBlue Diamond GrowersUNIPRO Food Service, Inc.Select Milk Producers, Inc.Affiliated Foods Midwest Co-op Inc.Foremost Farms USA CooperativeAgribank, FCB Producers Livestock Mktg. Assn.MFA IncorporatedOglethorpe Power CorporationTri-State G&T AssociationSouth Dakota Wheat Growers Assn.Independent Pharmacy Cooperative, Inc.American Crystal Sugar Co.Central Electric Power Cooperative, Inc.Farmers Cooperative CompanySunkist Growers, Inc.Riceland Foods, Inc.Seminole Electric CooperativeAssociated Electric Cooperative Inc. North Carolina Electric Membership Corp.State Employees Credit Union, Inc. Central Valley Ag CooperativeURM StoresMD & VA Milk Producers Cooperative Assn.MFA Oil CompanyOrganic Valley (CROPP)Old Dominion Electric CooperativeUnited Producers, IncStaple Cotton Cooperative Assn.National Rural Utilities Coop. Finance Corp.Countrymark Cooperative Holding Corp.ENAP, Inc.Great River EnergyPlains Cotton Co-op AssociationFarmers CooperativeBrazos Electric CooperativeAgri-Mark Inc./Cabot CreameryMichigan Milk Producers Assn.East Kentucky Power CooperativeCo-AllianceFarmers Grain Terminal Inc.Aurora Cooperative Elevator CompanySouth Mississippi Electric Power Assn.Heartland Co-opFCS of AmericaTennessee Farmers CooperativeUnited Dairymen of ArizonaUpstate-Niagara cooperative, Inc.FCS of Mid- AmericaEquity Cooperative Livestock Sales Assn.Snake River Sugar CompanyWabash Valley Power AssociationPiggly Wiggly AlabamaPentagon Federal Credit UnionArkansas Electric Cooperative Corp.Ag First Farm Credit Bank Associated Grocers of Florida, IncAssociated Grocers, Inc.Tillamook County Creamery Assn.Farmers Cooperative CompanyCobb EMC Hoosier Energy Rural Electric Co-op Inc.Innovative Ag Services Co.Buckeye Power, IncNew Cooperative, Inc.North Central Farmers ElevatorUnited CooperativeFlorida's Natural Growers, Inc.Western Farmers Electric CooperativePacific Coast ProducersPowerSouth Energy CooperativeCooperative Producers, Inc.First District AssociationPedernales Electric Cooperative

Carl CasaleJoseph ColalilloRick SmithChristopher J. PolicinskiDavid SmithJim Spradin Mary BrainerdJohn VenhuizenCulter DawsonKeith SpacklerRobert M.LingScott ArmstrongAndrei MikhalevskyDan StarrWilliam W. KrippaehneJerry StritzkeRobert B. EngelBrad OelmannPaul SukutJohn HartmannS. Neal BerubeKen NemethThomas R. ScribnerEdward L. MullinsRandy C. PapadellisD. Develder/S. MeshkeMark D.JansenBob StuartDr. Michael J. McCloskeyMartin W. ArterMike DoyleL. William YorkRick KeithErnie VersluesMichael L. SmithMike McInnesDale LockenDon AndersonThomas AstrupRobert HochstetlerJim ChismRussell L. HanlinKarl D. KennedyLisa JohnsonDavid J. TudorJoe BrannanMichael J. LordCarl DickinsonRay SprinkleJay BryantMark FennerGeorge SiemonJackson E. ReasorDennis BollingMeredith AllenSheldon C. PetersenCharles E. SmithStephen J. SallahDavid SaggauKevin BrinkleyRon VelderClifton KarneiEd TownleyKen NobisAnthony CampbellKevin StillSteve F. NailChris VincentJames ComptonTom HauschelDouglas R. StarkBart KrisleKeith MurfieldLarry WebsterBill JohnsonCharles AdamiJohn McCreelyJay BartlettDavid BullardJames SchenckDuane D. HighleyLeon T. AmersonChristopher MillerEmile BreauxPatrick G. CriteserJim ChismChip NelsonJ. Steven SmithRick VaughanPatrick O'Loughlin Dan DixMike NickolasDavid A. CramerDr. Robert M. BehrGary Ray RouletDan VincentGary SmithAllan ZumpfeClint FallJohn Hewa

Saint Paul, MNKeasbey, NJKansas City, MOSaint Paul, MNKansas City, KSBloomington, ILBloomington, MNOak Brook, ILVienna, VAOmaha, NECommerce, CASeattle, WAVisalia, CAFort Wayne, INSeattle, WASumner, WAGreenwood Village, COEldora, IABismarck, NDChicago, ILSalt Lake City, UTFranklin Park, ILRichmond, VACarlinville, ILMiddleboro, MANew Ulm, MNSacramento, CAAtlanta, GAArtesia, NMNorfolk, NEBaraboo, WISaint Paul, MNOmaha, NEColumbia, MOTucker, GADenver, COAberdeen, SDSun Prairie, WIMoorhead, MNColumbia, SCFarnhamville, IASherman Oaks, CAStuttgart, ARTampa, FLSpringfield, MORaleigh, NCRaleigh, NCYork, NESpokane, WAReston, VAColumbia, MOLa Farge, WIGlen Allen, VAColumbus, OHGreenwood, MSDulles, VAIndianapolis, INNew Windsor, NYMaple Grove, MNLubbock, TXDorchester, NEWaco, TXMethuen, MANovi, MIWinchester, KYAvon, INGreenville, MSAurora, NEHattiesburg, MSWest Des Moines, IAOmaha, NELaVergne, TNTempe, AZBuffalo, NYLouisville, KYBaraboo, WIBoise, IDIndianapolis, INBessemer, ALAlexandria, VALittle Rock, ARColumbia, SCPompano Beach, FLBaton Rouge, LATillamook, ORAmes, IAMarietta, GABloomington, INMonticello, IAColumbus, OHFort Dodge, IAIpswich, SDBeaver Dam, WILake Wales, FLAnadarko, OKLodi, CAAndalusia, ALHastings, NEPiqua, OHJohnson City, TX

34,58215,57413,80013,0088,9368,7275,7425,0454,7054,3484,0283,6583,1832,9982,5542,4232,3802,3712,1332,0332,0091,9441,8921,7311,7191,6601,6491,6331,5471,5411,5021,5001,4991,4341,3501,3351,3081,2741,2211,2191,1861,1501,1221,0991,0911,0901,0861,0641,0511,0511,0471,0421,0201,001994990989985983976940924918892885851845845842824818814800776765759750741740739728711709706702675675673657651651650643634631624623621616590

42,66411,87117,91814,9668,93410,3725,5054,7014,1725,0813,7543,6844,6402,8732,5932,2172,1692,6682,2892,0151,9451,9662,1071,8791,6552,1581,4931,5321,0581,4911,9821,5241,5661,5111,4081,3951,5261,0521,3881,254785

1,0961,1621,1301,1421,117952682

1,0121,5201,475972842

1,225853927

1,635928

1,020947854

1,0971,1391,153953910930868903941986775

1,036863725774870735746683767758666717760682667710855640641899628637664588676798746

-

15,2281,6653,4008,0031,4752,3134,3441,65773,3441,433964

2,019918601601

1,545117,000

9507,132911577499457731

1,71028551584267296362

99,507228441

10,0604,823658238876351338208584

1,9962,9941,88230,836

515268139410300

2,00836246

22,89351579

4,033137240

3,622351189

3,332322140511

1,877329

24,773278166291

22,10535837

1,023106

19,5001,76230,600

166121410292907

1,921231

1,968277282440350

1,285389

1,830251127

1,430

15,2961,6113,4046,9921,3632,4594,2641,65763,6461,376928

2,0031,112765647

1,433107,4281,0986,432864593527525738

1,71231247885123281430

94,392276439

9,5464,676658178833350310212579

1,9082,9561,77028,645

247259164409241

1,63952328

22,23374270

3,885108236

3,631384203

3,404293125483

2,119260

23,128286177258

20,03241763932105

17,8001,76328,844

160114427335904

1,907248

2,037286276441634

1,246361

1,812248148

-

123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100

14236579118121310141719201618232625222728213532523624311734394030534142784346504854609356333858594476642962456175514947676569716663577955738880708685948284979083789695741009968----------77----

AGGRAGAGGRAGHCH&LFINAGGRHCAGH&LAGRECFINAGE&CH&LGRGRAGAGAGAGAGFDAGGRAGFINAGAGE&CE&CAGRXAGE&CAGAGAGE&CE&CE&CFINAGGRAGAGAGE&CAGAGFINAGH&LE&CAGAGE&CAGAGE&CAGAGAGE&CAGFINAGAGAGFINAGAGE&CGRFINE&CFINGRGRAGAGE&CE&CAGE&CAGAGAGAGE&CAGE&CAGAGE&C

Ranked by Revenuein Millions of Dollars

®

CHS Inc.Wakefern Food Corp./ShopRiteDairy Farmers of America Land O'Lakes, Inc. Associated Wholesale Grocers, IncGROWMARK, Inc.HealthPartners Inc.ACE Hardware Corp.Navy Federal Credit UnionAg Processing Inc.Unified Grocers, IncGroup Health CooperativeCalifornia Dairies, Inc.Do-it-Best Corp.DarigoldRecreational Equipment Inc.CoBank United Suppliers, Inc.Basin Electric Power CooperativeTrue Value CorporationAssociated Food StoresCentral Grocers CooperativeSouthern States Cooperative Prairie Farms Dairy Inc.Ocean SprayAssociated Milk Producers, IncBlue Diamond GrowersUNIPRO Food Service, Inc.Select Milk Producers, Inc.Affiliated Foods Midwest Co-op Inc.Foremost Farms USA CooperativeAgribank, FCB Producers Livestock Mktg. Assn.MFA IncorporatedOglethorpe Power CorporationTri-State G&T AssociationSouth Dakota Wheat Growers Assn.Independent Pharmacy Cooperative, Inc.American Crystal Sugar Co.Central Electric Power Cooperative, Inc.Farmers Cooperative CompanySunkist Growers, Inc.Riceland Foods, Inc.Seminole Electric CooperativeAssociated Electric Cooperative Inc. North Carolina Electric Membership Corp.State Employees Credit Union, Inc. Central Valley Ag CooperativeURM StoresMD & VA Milk Producers Cooperative Assn.MFA Oil CompanyOrganic Valley (CROPP)Old Dominion Electric CooperativeUnited Producers, IncStaple Cotton Cooperative Assn.National Rural Utilities Coop. Finance Corp.Countrymark Cooperative Holding Corp.ENAP, Inc.Great River EnergyPlains Cotton Co-op AssociationFarmers CooperativeBrazos Electric CooperativeAgri-Mark Inc./Cabot CreameryMichigan Milk Producers Assn.East Kentucky Power CooperativeCo-AllianceFarmers Grain Terminal Inc.Aurora Cooperative Elevator CompanySouth Mississippi Electric Power Assn.Heartland Co-opFCS of AmericaTennessee Farmers CooperativeUnited Dairymen of ArizonaUpstate-Niagara cooperative, Inc.FCS of Mid- AmericaEquity Cooperative Livestock Sales Assn.Snake River Sugar CompanyWabash Valley Power AssociationPiggly Wiggly AlabamaPentagon Federal Credit UnionArkansas Electric Cooperative Corp.Ag First Farm Credit Bank Associated Grocers of Florida, IncAssociated Grocers, Inc.Tillamook County Creamery Assn.Farmers Cooperative CompanyCobb EMC Hoosier Energy Rural Electric Co-op Inc.Innovative Ag Services Co.Buckeye Power, IncNew Cooperative, Inc.North Central Farmers ElevatorUnited CooperativeFlorida's Natural Growers, Inc.Western Farmers Electric CooperativePacific Coast ProducersPowerSouth Energy CooperativeCooperative Producers, Inc.First District AssociationPedernales Electric Cooperative

Carl CasaleJoseph ColalilloRick SmithChristopher J. PolicinskiDavid SmithJim Spradin Mary BrainerdJohn VenhuizenCulter DawsonKeith SpacklerRobert M.LingScott ArmstrongAndrei MikhalevskyDan StarrWilliam W. KrippaehneJerry StritzkeRobert B. EngelBrad OelmannPaul SukutJohn HartmannS. Neal BerubeKen NemethThomas R. ScribnerEdward L. MullinsRandy C. PapadellisD. Develder/S. MeshkeMark D.JansenBob StuartDr. Michael J. McCloskeyMartin W. ArterMike DoyleL. William YorkRick KeithErnie VersluesMichael L. SmithMike McInnesDale LockenDon AndersonThomas AstrupRobert HochstetlerJim ChismRussell L. HanlinKarl D. KennedyLisa JohnsonDavid J. TudorJoe BrannanMichael J. LordCarl DickinsonRay SprinkleJay BryantMark FennerGeorge SiemonJackson E. ReasorDennis BollingMeredith AllenSheldon C. PetersenCharles E. SmithStephen J. SallahDavid SaggauKevin BrinkleyRon VelderClifton KarneiEd TownleyKen NobisAnthony CampbellKevin StillSteve F. NailChris VincentJames ComptonTom HauschelDouglas R. StarkBart KrisleKeith MurfieldLarry WebsterBill JohnsonCharles AdamiJohn McCreelyJay BartlettDavid BullardJames SchenckDuane D. HighleyLeon T. AmersonChristopher MillerEmile BreauxPatrick G. CriteserJim ChismChip NelsonJ. Steven SmithRick VaughanPatrick O'Loughlin Dan DixMike NickolasDavid A. CramerDr. Robert M. BehrGary Ray RouletDan VincentGary SmithAllan ZumpfeClint FallJohn Hewa

Saint Paul, MNKeasbey, NJKansas City, MOSaint Paul, MNKansas City, KSBloomington, ILBloomington, MNOak Brook, ILVienna, VAOmaha, NECommerce, CASeattle, WAVisalia, CAFort Wayne, INSeattle, WASumner, WAGreenwood Village, COEldora, IABismarck, NDChicago, ILSalt Lake City, UTFranklin Park, ILRichmond, VACarlinville, ILMiddleboro, MANew Ulm, MNSacramento, CAAtlanta, GAArtesia, NMNorfolk, NEBaraboo, WISaint Paul, MNOmaha, NEColumbia, MOTucker, GADenver, COAberdeen, SDSun Prairie, WIMoorhead, MNColumbia, SCFarnhamville, IASherman Oaks, CAStuttgart, ARTampa, FLSpringfield, MORaleigh, NCRaleigh, NCYork, NESpokane, WAReston, VAColumbia, MOLa Farge, WIGlen Allen, VAColumbus, OHGreenwood, MSDulles, VAIndianapolis, INNew Windsor, NYMaple Grove, MNLubbock, TXDorchester, NEWaco, TXMethuen, MANovi, MIWinchester, KYAvon, INGreenville, MSAurora, NEHattiesburg, MSWest Des Moines, IAOmaha, NELaVergne, TNTempe, AZBuffalo, NYLouisville, KYBaraboo, WIBoise, IDIndianapolis, INBessemer, ALAlexandria, VALittle Rock, ARColumbia, SCPompano Beach, FLBaton Rouge, LATillamook, ORAmes, IAMarietta, GABloomington, INMonticello, IAColumbus, OHFort Dodge, IAIpswich, SDBeaver Dam, WILake Wales, FLAnadarko, OKLodi, CAAndalusia, ALHastings, NEPiqua, OHJohnson City, TX

34,58215,57413,80013,0088,9368,7275,7425,0454,7054,3484,0283,6583,1832,9982,5542,4232,3802,3712,1332,0332,0091,9441,8921,7311,7191,6601,6491,6331,5471,5411,5021,5001,4991,4341,3501,3351,3081,2741,2211,2191,1861,1501,1221,0991,0911,0901,0861,0641,0511,0511,0471,0421,0201,001994990989985983976940924918892885851845845842824818814800776765759750741740739728711709706702675675673657651651650643634631624623621616590

42,66411,87117,91814,9668,93410,3725,5054,7014,1725,0813,7543,6844,6402,8732,5932,2172,1692,6682,2892,0151,9451,9662,1071,8791,6552,1581,4931,5321,0581,4911,9821,5241,5661,5111,4081,3951,5261,0521,3881,254785

1,0961,1621,1301,1421,117952682

1,0121,5201,475972842

1,225853927

1,635928

1,020947854

1,0971,1391,153953910930868903941986775

1,036863725774870735746683767758666717760682667710855640641899628637664588676798746

-

15,2281,6653,4008,0031,4752,3134,3441,65773,3441,433964

2,019918601601

1,545117,000

9507,132911577499457731

1,71028551584267296362

99,507228441

10,0604,823658238876351338208584

1,9962,9941,88230,836

515268139410300

2,00836246

22,89351579

4,033137240

3,622351189

3,332322140511

1,877329

24,773278166291

22,10535837

1,023106

19,5001,76230,600

166121410292907

1,921231

1,968277282440350

1,285389

1,830251127

1,430

15,2961,6113,4046,9921,3632,4594,2641,65763,6461,376928

2,0031,112765647

1,433107,4281,0986,432864593527525738

1,71231247885123281430

94,392276439

9,5464,676658178833350310212579

1,9082,9561,77028,645

247259164409241

1,63952328

22,23374270

3,885108236

3,631384203

3,404293125483

2,119260

23,128286177258

20,03241763932105

17,8001,76328,844

160114427335904

1,907248

2,037286276441634

1,246361

1,812248148

-

123456789101112131415161718192021222324252627282930313233343536373839404142434445464748495051525354555657585960616263646566676869707172737475767778798081828384858687888990919293949596979899100

14236579118121310141719201618232625222728213532523624311734394030534142784346504854609356333858594476642962456175514947676569716663577955738880708685948284979083789695741009968----------77----

AGGRAGAGGRAGHCH&LFINAGGRHCAGH&LAGRECFINAGE&CH&LGRGRAGAGAGAGAGFDAGGRAGFINAGAGE&CE&CAGRXAGE&CAGAGAGE&CE&CE&CFINAGGRAGAGAGE&CAGAGFINAGH&LE&CAGAGE&CAGAGE&CAGAGAGE&CAGFINAGAGAGFINAGAGE&CGRFINE&CFINGRGRAGAGE&CE&CAGE&CAGAGAGAGE&CAGE&CAGAGE&C

1) Dairylea, Inc merged with Dairy Farmers of America. The merger became effective on April 1, 2014.2) United Farmers Cooperative merged with Central Valley Ag Cooperative. The merger became effective on September 1, 2014.3) On January 1, 2016, LBM Advantage (formerly ENAP, Inc.) merged with Progressive Affiliated Lumberman's. Sales may increase significantly in 2016. 4) On 4/16, Farmers Cooperative Company merged with West Central Cooperative and is now called Landus Cooperative, Inc.5) In 3/16, Central Farm Service merged with Watonwan Farm Service6) Trupointe Cooperative and Sunrise Cooperative merged 9/1/16, with George Secur as CEO

INDUSTRY (IND.) ABBREVIATIONS:

Agriculture = AGHealthcare = HCFinance = FINHardware and Lumber = H&LEnergy/Communications = E&C

Pharmaceutical Dist. = RXGrocery = GRFood Distribution = FDRecreational = REC

TOTALS $223,850 $239,838 $563,951 $525,538

C�-��� ��� �� �������� ���� �� A������� ����.

Wherever you live, work or shop, it is likely a cooperative is involved. You’ll see a co-op in action at the credit union where you bank. In the brand names in your grocery store

aisles. In the morning paper.

A cooperative is a business organized, owned and controlled by the people who use its products and services. Today, 1 in 3

Americans are a member of a co-op.

Co-ops operate for the benefit of their member-owners. They take advantage of

economies of scale, combined buying power and strength in numbers to save

money and return profits to their members. In the process, co-ops provide millions of

jobs, support businesses and personal needs and enhance the quality of life.

WHAT IS ACO OP?

INDUSTRY REVENUE BY SECTORREVENUE IN BILLIONS OF DOLLARS

A���������� (52)G������ (11)E����� � C���. (20)F������ (9)H�������/L����� (4)H��������� (2)����� (2)

$127.8B������ (57%)

$38.9 B������ (17%)

$19.3 B������ (9%)

$13.7 B������ (6%)

$11.1 B������ (5%)

$9.4 B������ (4%)

$3.7 B������ (2%)

A BETTER WORLD

®

National Cooperative Bank (NCB) provides comprehensive banking products and services to

cooperatives and other member-owned organizations throughout the country. What

makes NCB unique is that the bank was created to address the financial needs of an underserved

market niche – people who join together cooperatively to meet personal, social or business

needs, especially in low-income communities.

Chartered by Congress in 1978,NCB was privatized in 1981 as a cooperatively

owned financial institution and is currently owned by more than 3,110 customer- owners, with more than $7.5 billion in assets under management. As part of its enabling legislation, NCB was tasked with ensuring that 35% of the capital it deploys

will benefit low-income communities.

ABOUT NCB