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The US National Cooperative Bank (NCB) has released its annual Co-op 100 report, ranking the country’s top 100 revenue-earning co-ops – which, in 2024, reported a combined $323bn in revenue.
Agri co-ops took the top three places, with the number one place retained by Minnesota-based CHS Inc, which reported US$39.3bn in revenue.
Second place went to Kansas-based Dairy Farmers of America, which reported $23bn in revenue, with another dairy co-op, Land O’Lakes, third with $16.2bn.
Finance co-ops also had a strong showing on the list. Fourth on the list was Navy Federal Credit Union, headquartered in Virginia, reported $14.5bn in revenue, followed by Colorado-based CoBank, which earned $13.2bn.
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