NCB Co-op 100 Names Top US Cooperatives With $309B Revenue

National Cooperative Bank (NCB), an Arlington, Virginia-based lender specializing in financial services for cooperatives, has released its annual NCB Co-op 100® report for 2025, identifying the nation's highest-earning cooperative enterprises with combined revenues reaching $309 billion.

The report serves as the definitive annual benchmark for the cooperative sector, tracking financial performance across a broad range of industries where member-owned business structures are prevalent. NCB compiles the rankings to highlight the economic weight cooperatives carry within the broader U.S. economy.

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Cooperatives represent a distinctive business model in which members share ownership and governance, a structure that spans agriculture, grocery retail, credit unions, hardware, and housing, among other sectors. The scale of revenues captured in the NCB Co-op 100® underscores how deeply embedded cooperative enterprises are in American commerce.

NCB has long positioned itself as a primary financial partner to the cooperative community, offering lending and banking products specifically structured around the governance and capitalization needs of member-owned organizations. The annual Co-op 100® report reinforces that institutional focus while providing the broader public and policymakers with data on a segment of the economy that receives comparatively limited mainstream attention.

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