NCB Co-op 100 Ranks Top US Cooperatives at $309B Revenue in 2025

National Cooperative Bank (NCB), headquartered in Arlington, Virginia, published its annual NCB Co-op 100® report on October 30, 2026, ranking the top 100 revenue-generating cooperatives across the United States based on 2025 financial performance. The combined revenues of the ranked cooperatives reached $309 billion, underscoring the substantial economic footprint of the cooperative sector in the American economy.

NCB has long positioned itself as a specialized financial institution focused on serving cooperatives and their members, and the annual report serves as a benchmark publication for the sector. The Co-op 100® ranking provides visibility into how cooperative enterprises — spanning industries such as agriculture, grocery, housing, and utilities — collectively perform at scale.

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The cooperative business model, which distributes ownership and profits among members rather than external shareholders, continues to demonstrate resilience and revenue growth according to the report's aggregate figures. The $309 billion total reflects the combined top-line revenues of only the highest-earning 100 cooperatives, suggesting the broader cooperative economy encompasses significantly more economic activity nationwide.

The release of the report highlights the ongoing relevance of member-owned business structures in a marketplace increasingly dominated by publicly traded corporations. NCB's annual ranking offers analysts, policymakers, and industry participants a consistent, longitudinal data point for tracking cooperative sector trends.

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