The NCB Co-op 100® Report: A Deep Dive into Cooperative Success
The National Cooperative Bank (NCB) has recently released its annual NCB Co-op 100® report, unveiling an impressive statistic: U.S. cooperatives collectively reported revenues amounting to $309 billion in 2025. This remarkable figure not only emphasizes the significance of cooperatives in the American economy but also highlights their diverse contributions across various sectors.
Unpacking the NCB Co-op 100 Report
The NCB Co-op 100® stands out as the only annual report that monitors the performance and growth of cooperative businesses across multiple industries in the United States. It aims to educate the public on the cooperative business model, celebrating the incredible achievements of these entities as they continue to flourish within the competitive marketplace.
In its latest edition, the report categorizes cooperatives based on their in-depth performance across different sectors, showcasing a wide array of top contenders contributing to the national economic fabric.
Top Revenue Producers in 2025
Several cooperatives emerged as leaders in their respective sectors:
- - Agriculture: CHS Inc. from Inver Grove Heights, Minnesota, leads the pack with a staggering revenue of $35.5 billion. Following closely, Dairy Farmers of America in Kansas City, Kansas, reported $23.1 billion, securing second place.
- - Finance: Navy Federal Credit Union in Vienna, Virginia, recorded $15.1 billion, earning the fourth position on the list, illustrating the financial strength of cooperative banking.
- - Grocery Sector: Wakefern Food Corporation/ShopRite, based in Keasbey, New Jersey, reported $13.1 billion, a strong fifth position showcasing the cooperative's grocery prowess.
- - Healthcare: HealthPartners Inc. in Bloomington, Minnesota, reported revenue of $9.3 billion, positioning it at tenth place.
Other notable mentions include Basin Electric Power Cooperative and Oglethorpe Power Corporation in energy and communications, further underlining the broad scope of the cooperative model's influence.
The Impact of Cooperatives
Casey Fannon, President and CEO of NCB, stated, "The NCB Co-op 100® showcases the remarkable scale and reach of the cooperative economy. These businesses represent diverse industries, yet all share a common goal of creating value for their members and bolstering the communities they serve." This statement encapsulates the essence of the cooperative model, which thrives on community engagement and member benefits.
As the cooperative sector continues to evolve, the NCB Co-op 100® report serves as an annual reminder of these enterprises' contributions to both the national and global economy. Released each year in October to coincide with National Co-op Month, it aims to spread awareness about the cooperative business model and the pivotal role it plays in various markets.
The NCB has long championed this model, aiding in the development and growth of cooperatives through financial support, along with investing significantly in underserved communities. These efforts highlight a dedication to not just financial success but also social responsibility and community empowerment.
Conclusion
In summary, the NCB Co-op 100® report for 2025 illuminates the economic powerhouses that cooperatives represent, with $309 billion in combined revenue cast in the spotlight. As cooperatives rally around the principles of community, equity, and sustainability, the potential for continued growth and influence within the marketplace remains substantial. The complete report is available online for those interested in understanding the detailed findings and performance metrics of this vital sector of the economy.