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MEMBER NEWS: NCB RELEASES 2013 CO-OP 100, TOP COOPERATIVES NET $226.4 BILLION IN REVENUE IN 2012

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NCBA CLUSA member National Cooperative Bank (NCB), known for providing banking solutions tailored to meet the needs of cooperatives nationwide, recently released its annual Co-op 100, listing the nation’s top 100 revenue-earning cooperative businesses in America. In 2012, these businesses posted revenue totaling approximately $226.4 billion, a five percent increase from 2011.The list highlights the business activity and economic power of these member-owned, member- controlled businesses. The only annual report of its kind, the NCB Co-op 100 is an important indicator of cooperative business activity across the country.“The NCB Co-op 100 is a great reminder of the substantial impact and important role cooperative businesses play in our national economy across every sector. As we continue to see improvements in the market, there is an increase in the formation of new cooperatives in urban, suburban and rural setting—offering competitive goods and services to meet the needs of these communities,” said Charles E. Snyder, President and CEO of NCB. “As a socially responsible financial institution, created to address the needs of our nation’s cooperatives, we are proud of our role in supporting the growth of these organizations, while also giving back to the communities they serve.”

View the 2013 report »

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