ARLINGTON, Va., Oct. 30, 2026 /PRNewswire/ -- National Cooperative Bank (NCB), known for providing banking solutions tailored to meet the needs of cooperatives and their members nationwide, today released its annual NCB Co-op 100® report, ranking the nation's top 100 revenue-earning cooperative businesses.

In 2025, these cooperatives reported a combined $309 billion in revenue, underscoring the significant role cooperative enterprises play in the U.S. economy. The NCB Co-op 100® remains the only annual report of its kind that tracks and highlights the performance and success of cooperative businesses across multiple sectors.

Top Revenue Producers by Sector in 2025:

Agriculture:

• CHS Inc., based in Inver Grove Heights, Minnesota, reported $35.5 billion in revenue, maintaining its first-place position on the NCB Co-op 100® list.
• Dairy Farmers of America, based in Kansas City, Kansas, reported $23.1 billion in revenue, retaining its second-place ranking.

Energy & Communications:

• Basin Electric Power Cooperative, located in Bismarck, North Dakota, earned the 19^th position with $3.1 billion in revenue.
• Oglethorpe Power Corporation, located in Tucker, Georgia, earned the 23^rd position with $2.5 billion in revenue.

Finance:

• Navy Federal Credit Union, headquartered in Vienna, Virginia, reported $15.1 billion in revenue, securing the fourth spot on the list.
• CoBank, headquartered in Greenwood Village, Colorado, earned $10.4 billion in revenue, ranking eighth.

Grocery:

• Wakefern Food Corporation / ShopRite, based in Keasbey, New Jersey, reported $13.1 billion in revenue, earning the fifth position on the list.
• Associated Wholesale Grocers, Inc., based in Kansas City, Kansas, reported $12.2 billion in revenue and ranked sixth.

Hardware & Lumber

• ACE Hardware Corp., headquartered in Oak Brook, Illinois, earned $10.0 billion in revenue, ranking ninth.
• Do it Best Corp., located in Fort Wayne, Indiana, reported $4.9 billion in revenue and placed 13^th.

Healthcare

• HealthPartners Inc., located in Bloomington, Minnesota, reported $9.3 billion in revenue, ranking 10^th.

Recreation

• Recreational Equipment Inc. (REI), located in Sumner, Washington, reported $3.5 billion in revenue, ranking 16^h.

"The NCB Co-op 100® showcases the remarkable scale and reach of the cooperative economy," said Casey Fannon, President and CEO of National Cooperative Bank. "These businesses represent a wide range of industries, but they share a common commitment to creating value for their members and strengthening the communities they serve."

While the companies and rankings change each year, the cooperative sector continues to advance, playing an increasingly influential role in both the national and global economy. Released annually in October during National Co-op Month, the NCB Co-op 100® is one of the many ways the Bank strives to educate the public and promote the importance of this sector.

For decades, NCB has championed the cooperative model by providing financing that helps cooperatives grow and expand, while investing hundreds of millions of dollars in underserved communities and cooperative development initiatives.

The complete 2026 NCB Co-op 100® report is available online:   2026 NCB Co-op 100®

Contact:

Mary Alex Blanton – NCB (703) 302-8876

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SOURCE National Cooperative Bank

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