NCB, a leading financial services company, released its annual NCB Co-op 100, listing the nation’s 100 highest revenue-earning cooperative businesses, totaling more than $173 billion in 2007.  The NCB Co-op 100 debuted in 1991, and for the past 17 years, has been the only yearly report of its kind to track cooperative revenues and success of these vital businesses in the United States.  

When the first report was released, America’s top 100 cooperatives had generated $81.4 billion in revenues and now less than two decades later, revenues have more than doubled to over $173 billion, a remarkable increase since its inception. Although there have been changes to the companies appearing on the list, the growth of cooperative sector has remained constant, indicating of the influential role these businesses play in the marketplace.

 “During 2007, the nation’s top 100 cooperatives increased revenues substantially, by over  $24 billion dollars from the same time last year, setting a new record for the highest-ever yearly revenue,” stated Charles E. Snyder, President and CEO of NCB. “During this challenging economic time, the strength of the cooperative structure is even more evident for large and small businesses, in urban and rural settings.  NCB is proud to be an leading advocate for cooperatives for the past 30 years, and remains dedicated to promoting these progressive and dynamic businesses for many years to come.”

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