WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank

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WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
COOPERATIVES
BUILD A BETTER

WORLD
 2015 NCB CO-OP 100
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
COOPERATIVES                                                           Now is the time to learn, share
BUILD A BETTER                                                         and support cooperative business.

WORLD                                                     they deserve and increase recognition for
                                                          cooperatives worldwide. Now is the time
                                                          to learn, share and support cooperative
                                                          business.
                                                                                                                           We saw three new additions to the Top
                                                                                                                           100 list - Affiliated Foods, Inc at number
                                                                                                                           37, Equity Cooperative Livestock at
                                                                                                                           number 80 and Cobb Electric Membership
                                                                                                                           Corporation at 96. In addition we also saw
                                                          Together we are strong. In the U.S. alone                        13 new CEOs in 2014 that will lead their
                                                          there are 120 million co-op members,                             co-ops to future growth & advancement.
                                                          2.1 million employees and 140 million
                                                          co-op customers. We just need to work                            Personally, I challenge all co-ops to live
And now is the time for us in
                                                          together and spread the message.                                 principle #6 and work together to enhance
the cooperative community to                                                                                               our brand and message, for us to educate
                                                          NCB’s Co-op 100 list is just one way we
highlight the impact we make                                                                                               our friends, family, employees & others
                                                          connect with the co-op community and                             about the different co-ops that exist in the
and educate everyone about                                audiences nationwide to communicate                              U.S. and for all of us to go co-op - since
what co-ops do for community.                             and educate on the cooperative model                             we truely do build a better world.
                                                          and the impact these businesses make in
Through a new initiative, Cooperatives for a              our economy. In 2014, the top 100
Better World, Howard Brodsky Co-Founder &                 cooperatives generated $243.2 billion in                                                                     Chuck Snyder
                                                          revenue, an increase of 4.1% from 2013.                               Learn more about co-ops at
                                                                                                                                                                       President & CEO
Co-Chief Executive Officer of CCA Global                                                                                        buildingabetterworldnow.coop           National Cooperative Bank
Partners, is chairing this challenge to all of us to
educate and communicate the power of
cooperatives.

We know that the cooperative business model
                                                            How does your co-op build a better world?
                                                            Every day, we come to work with the mission of adding value to the cotton grown by our members. For more than 60 years,
helps strengthen communities, empower                       PCCA has been at the forefront in developing the world’s leading cotton marketing and warehousing strategies, business
people and build a better world. But, not                   practices, and information technology to supply high-quality U.S. cotton to textile mills worldwide. ‘Grounded in Tradition,
everyone understands what cooperatives do                   Invested in Your Future’ is more than a slogan at PCCA. It’s the philosophy that will keep us competitive for decades to come.
and how they can make the world a better place.
                                                                                                             Kevin Brinkley | President & CEO | Plains Cotton Cooperative Association
Now is the time to give cooperatives the credit

              WHAT IS A CO-OP?                                ONE OUT OF THREE                                                            KEEPING THE LIGHTS ON
  78   %      Once a consumer understands what a co-op
              is they are 78% more likely to choose the
              cooperative over another business.
                                                              Did you know that one
                                                              out of every three Americans
                                                              is a member of a cooperative?                                75    %        Did you know that 75% the United States is
                                                                                                                                          served by electric co-ops?
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
LIST
The 2015 NCB Co-op 100 List*
Ranked by Revenue in Millions of Dollars

                                                                                                         THE
Each year, the NCB Co-op 100 announces the top 100 cooperatives in
America; highlighting 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.

  RANK                                                                             REVENUE             ASSETS
 ‘14 ‘13 COOPERATIVE NAME                                 WEBSITE                 2014     2013     2014      2013 INDUSTRY PRESIDENT/CEO CITY/STATE
  1    1    CHS Inc.                                      chsinc.com              42,664   44,480    15,147   13,504   Agriculture       Carl Casale                 Saint Paul, MN
  2    3    Dairy Farmers of America                      dfamilk.com             17,918   12,899     3,404    2,641   Agriculture       Rick Smith                  Kansas City, MO
  3    2    Land O'Lakes, Inc.                            landolakesinc.com       14,966   14,236     6,992    6,758   Agriculture       Christopher J. Policinski   Saint Paul, MN
  4    4    Wakefern Food Corp./ShopRite                  wakefern.com            11,871   11,456     1,611    1,605   Grocery           Joseph Colalillo            Keasbey, NJ
  5    5    GROWMARK, Inc.                                growmark.com            10,372   10,171     2,459    2,366   Agriculture       Jim Spradin                 Bloomington, IL
  6    6    Associated Wholesale Grocers, Inc             awginc.com               8,934    8,380     1,363    1,359   Grocery           Jerry Garland               Kansas City, KS
  7    8    HealthPartners Inc.                           healthpartners.com       5,505    5,223     4,264    3,886   Healthcare        Mary Brainerd               Bloomington, MN
  8    7    Ag Processing Inc.                            agp.com                  5,081    5,670     1,376    1,348   Agriculture       Keith Spackler              Omaha, NE
  9    9    ACE Hardware Corp.                            acehardware.com          4,701    4,154     1,657    1,389   Hardware/Lumber John Venhuizen                Oak Brook, IL
 10    10   California Dairies, Inc.                      californiadairies.com    4,640    3,857     1,112     894    Agriculture       Andrei Mikhalevsky          Visalia, CA
 11    11   Navy Federal Credit Union                     navyfcu.org              4,172    3,721    63,646   55,531   Finance           Culter Dawson               Merrifield, VA
 12    12   Unified Grocers, Inc                          unifiedgrocers.com       3,771    3,692      913      921    Grocery           Robert M.Ling               Commerce, CA
 13    13   Group Health Cooperative                      ghc.org                  3,684    3,662     2,003    1,833   Healthcare        Scott Armstrong             Seattle, WA
 14    14   Do-it-Best Corp.                              doitbest.com             2,873    2,707      765      743    Hardware/Lumber Bob Taylor                    Fort Wayne, IN
 15    17   National Cable Television Cooperative, Inc.   nctconline.org           2,782    2,536      470      431    Energy & Comm.    Rich Fickle                 Lenexa, KS
 16    15   United Suppliers, Inc.                        unitedsuppliers.com      2,668    2,371     1,098     950    Agriculture       Brad Oelmann                Eldora, IA
 17    16   Darigold                                      darigold.com             2,593    2,464      644      633    Agriculture       Jim Wegner                  Seattle, WA
 18    21   Basin Electric Power Cooperative              basinelectric.com        2,249    2,021     6,432    6,090   Energy & Comm.    Paul Sukut                  Bismarck, ND
 19    22   Recreational Equipment Inc.                   rei.com                  2,217    2,017     1,433    1,326   Recreational      Jerry Stritzke              Sumner, WA
 20    19   CoBank                                        cobank.com               2,169    2,095   107,428   97,644   Finance           Robert B. Engel             Greenwood Village, CO
 21    25   Associated Milk Producers, Inc                ampi.com                 2,158    1,784      312      300    Agriculture       D. Develder/S. Meshke       New Ulm, MN
 22    18   Southern States Cooperative                   southernstates.coop      2,107    2,248      525      550    Agriculture       Thomas R. Scribner          Richmond, VA
 23    35   True Value Corporation                        truevalue.coop           2,015    1,412      864      764    Hardware/Lumber John Hartmann                 Chicago, IL
 24    26   Foremost Farms USA Cooperative                foremostfarms.com        1,982    1,755      430      409    Agriculture       Mike Doyle                  Baraboo, WI
 25    20   Central Grocers Cooperative                   central-grocers.com      1,966    2,065      527      498    Grocery           Ken Nemeth                  Franklin Park, IL
 26    23   Associated Food Stores                        afstores.com             1,945    1,930      593      595    Grocery           S. Neal Berube              Salt Lake City, UT
 27    27   Prairie Farms Dairy Inc.                      prairiefarmsdairy.com    1,879    1,721      738      727    Agriculture       Edward L.Mullins            Carlinville, IL
 28    30   Ocean Spray                                   oceanspray.com           1,655    1,659     1,712    1,584   Agriculture       Randy C. Papadellis         Middleboro, MA
 29    28   Countrymark Cooperative Holding Corp.         countrymark.com          1,635    1,681      742      670    Agriculture       Charles E. Smith            Indianapolis, IN
 30    24   South Dakota Wheat Growers Association        sdwg.com                 1,526    1,872      658      654    Agriculture       Dale Locken                 Aberdeen, SD
 31    33   Agribank, FCB                                 agribank.com             1,524    1,489    94,425   82,299   Finance           L. William York             Saint Paul, MN
 32    41   UNIPRO Food Service, Inc.                     uniprofoodservice.com    1,520    1,239       85       81    Food Distribution Bob Stuart                  Atlanta, GA
 33    36   MD & VA Milk Producers Cooperative Assn       mdvamilk.com             1,520    1,373      164      165    Agriculture       Jay Bryant                  Reston, VA
 34    32   MFA Incorporated                              mfaincorporated.com      1,511    1,471      439      412    Agriculture       Ernie Verslues              Columbia, MO
 35    44   Blue Diamond Growers                          bluediamond.com          1,493    1,196      478      410    Agriculture       Mark D.Jansen               Sacramento, CA
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
36   34   Affiliated Foods Midwest Co-op Inc.               afmidwest.com             1,491   1,441     281      276    Grocery              Martin W. Arter        Norfolk, NE
37        Affiliated Foods, Inc.                            afiama.com                1,483   1,464     210      194    Grocery              Randy Arceneaux        Armillo, TX
38   37   MFA Oil Company                                   mfaoil.com                1,475   1,305     409      392    Agriculture          Jerry Taylor           Columbia, MO
39   40   Oglethorpe Power Corporation                      opc.com                   1,408   1,324    9,546    9,095   Energy & Comm.       Michael L.Smith        Tucker, GA
40   39   Tri-State G&T Association                         tristatepower.com         1,395   1,314    4,676    4,702   Energy & Comm.       Michael McInnis        Denver, CO
41   31   American Crystal Sugar Co.                        crystalsugar.com          1,388   1,603     833      951    Agriculture          David A. Berg          Moorhead, MN
42   43   Central Electric Power Cooperative, Inc.          cepci.org                 1,254   1,198     350      350    Energy & Comm.       Robert Hochstetler     Columbia, SC
43   52   Sunkist Growers, Inc.                             sunkist.com               1,234   1,047     212      215    Agriculture          Russell L. Hanlin      Sherman Oaks, CA
44   58   United Producers, Inc                             uproducers.com            1,225   1,001      52       36    Agriculture          Dennis Bolling         Columbus, OH
45   48   Great River Energy                                greatriverenergy.com      1,185   1,171    3,885    3,704   Energy & Comm.       David Saggau           Maple Grove, MN
46   38   Riceland Foods, Inc.**                            riceland.coop             1,162   1,315     562      579    Agriculture          Karl D. Kennedy        Stuttgart, AR
47   60   Michigan Milk Producers Association               mimilk.com                1,153    957      203      173    Agriculture          Ken Nobis              Novi, MI
48   49   Associated Electric Cooperative Inc.              aeci.org                  1,142   1,082    2,956    2,988   Energy & Comm.       James J. Jura          Springfield, MO
49   61   Agri-Mark Inc./Cabot Creamery                     agrimark.coop             1,139    953      384      345    Agriculture          Ed Townley             Methuen, MA
50   42   Seminole Electric Cooperative                     seminole-electric.com     1,130   1,213    1,908    1,902   Energy & Comm.       Lisa Johnson           Tampa, FL
51   63   Brazos Electric Cooperative                       brazoselectric.com        1,097    941     3,631    3,493   Energy & Comm.       Clifton Karnei         Waco, TX
52   68   Select Milk Producers, Inc.                       selectmilk.com            1,058    905      123      186    Agriculture          Michael J. McCloskey   Artesia, NM
53   55   Independent Pharmacy Cooperative, Inc.            ipcrx.com                 1,052   1,058     178      160    Pharmaceutical Dist. Don Anderson           Sun Prairie, WI
54   56   North Carolina Electric Membership Corp.          ncemcs.com                1,040   1,044    1,747    1,655   Energy & Comm.       Joe Brannan            Raleigh, NC
55   78   United Dairymen of Arizona                        uda.coop                  1,036    834      177      197    Agriculture          Keith Murfield         Tempe, AZ
56   59   URM Stores                                        urmstores.com             1,012   1,008     259      258    Grocery              Ray Sprinkle           Spokane, WA
57   71   FCS of America                                    fcsamerica.com             986     897    23,128   21,274   Finance              Douglas R. Stark       Omaha, NE
58   64   Organic Valley (CROPP)                            farmers.coop               972     930      241      235    Agriculture          George Siemon          La Farge, WI
59   76   Old Dominion Electric Cooperative                 odec.com                   952     842     1,639    1,531   Energy & Comm.       Jackson E. Reasor      Glen Allen, VA
60   72   State Employees Credit Union, Inc.                ncsecu.org                 952     873    28,645   26,747   Finance              James Blaine           Raleigh, NC
61   62   Plains Cotton Co-op Association                   pcca.com                   947     798      173      185    Agriculture          Wally Darneille        Lubbock, TX
62   66   ENAP, Inc.                                        enap.com                   941     928       72       70    Hardware/Lumber Stephen J. Sallah           New Windsor, NY
63   46   Heartland Co-op                                   heartlandcoop.com          941    1,184     260      248    Agriculture          Tom Hauschel           West Des Moines, IA
64   53   Nat’l Rural Utilities Coop. Finance Corp. (CFC)   nrucfc.coop                927    1,078   22,233   22,072   Finance              Sheldon C. Petersen    Dulles, VA
65   51   Co-Alliance                                       co-alliance.com            910    1,098     293      378    Agriculture          Kevin Still            Avon, IN
66   79   South Mississippi Electric Power Association      smepa.coop                 903     802     2,119    1,949   Energy & Comm.       James Compton          Hattiesburg, MS
67   69   East Kentucky Power Cooperative                   ekpc.coop                  903     843     3,370    3,279   Energy & Comm.       Anthony Campbell       Winchester, KY
68   70   North Central Farmers Elevator                    ncfe.coop                  899     721      267      252    Agriculture          Mike Nickolas          Ipswich, SD
69   65   Farmers Grain**                                   fgtcoop.com                881     930      137      125    Agriculture          Steve F. Nail          Greenville, MS
70   67   Snake River Sugar Company                         srcoop.com                 870     922      763      936    Agriculture          John McCreely          Boise, ID
71   54   Aurora Cooperative Elevator Company               auroracoop.com             868    1,078     483      474    Agriculture          Chris Vincent          Aurora, NE
72   73   Lone Star Milk Producers, Inc.                    lonestarmilk.net           864     896       97      100    Agriculture          Jim Baird              Windthorst, TX
73   82   Upstate-Niagara cooperative, Inc.                 upstatefarms.com           863     759      258      244    Agriculture          Larry Webster          Buffalo, NY
74   47   Innovative Ag Services Co.                        innovativeag.com           855    1,166     248      231    Agriculture          Rick Vaughan           Monticello, IA
75   74   Farmers Cooperative                               farmersco-operative.com    854     940      236      240    Agriculture          Ron Velder             Dorchester, NE
76   50   Staple Cotton Cooperative Association             staplcotn.com              853    1,121     328      243    Agriculture          Meredith Allen         Greenwood, MS
77   57   Cooperative Producers, Inc.                       cpicoop.com                798    1,052     248      268    Agriculture          Robert Fifield         Hastings, NE
78   45   Farmers Cooperative Company                       fccoop.com                 785    1,186     310      338    Agriculture          Jim Chism              Farnhamville, IA
79   81   Tennessee Farmers Cooperative                     ourcoop.com                775     814      286      278    Agriculture          Bart Krisle            LaVergne, TN
80        Equity Cooperative Livestock                      equitycoop.com             774     620       41       32    Agriculture          Charles Adami          Barabue, WI
81   80   Western Family Holding Company                    westernfamily.com          768     785       56       59    Grocery              Ron King               Portland, OR
82   85   Arkansas Electric Cooperative Corporation         aecc.com                   767     736     1,763    1,609   Energy & Comm.       Duane D. Highley       Little Rock , AR
83   95   Tillamook County Creamery Association             tillamook.com              760     627      427      406    Agriculture          Patrick G. Criteser    Tillamook, OR
84   83   Ag First Farm Credit Bank                         agfirst.com                758     838    28,844   28,891   Finance              Leon T. Amerson        Columbia, SC
85   84   Piggly Wiggly Alabama                             pwadc.net                  746     740      105      106    Grocery              David Bullard          Bessemer, AL
86   86   Wabash Valley Power Association                   wvpa.com                   735     701      932      940    Energy & Comm.       Rick Coons             Indianapolis, IN
87   87   United Farmers Cooperative (2)                    ufcoop.com                 726     712      153      227    Agriculture          Carl Dickinson         York, NE
88   88   FCS of Mid- America                               e-farmcredit.com           725     728    20,032   19,057   Finance              Bill Johnson           Louisville, KY
89   90   Watonwan Farm Service Company                     wfsag.com                  717     606      142      222    Agriculture          Todd Ludwig            Truman, MN
90   91   Associated Grocers, Inc.                          agbr.com                   717     685      111      110    Grocery              J. H. Campbell, Jr.    Baton Rouge, LA
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
91         93          Frenchman Valley Farmers Cooperative Inc.                         fvcoop.com                   695        704         247         223      Agriculture                Jim Haarberg                              Imperial , NE
  92         77          West Central Cooperative                                          west-central.com             682        864         335         302      Agriculture                Jeffrey Stroburg                          Ralston, IA
  93         94          Central Valley Ag Cooperative                                     cvacoop.com                  682        699         247         249      Agriculture                Doug Derscheid                            Oakland, NE
  94         96          Pentagon Federal Credit Union                                     penfed.org                   669        717       16,841      15,532     Finance                    James Schenck                             Alexandria, VA
  95         97          Hoosier Energy Rural Electric Co-op Inc.                          hepn.com                     668        648        1,850       1,713     Energy & Comm.             J.Steven Smith                            Bloomington, IN
  96                     Cobb Electric Membership Corp.                                    cobbemc.com                  667        627         912         936      Energy                     Chip Nelson                               Marietta, GA
  97         99          Associated Grocers of Florida, Inc                                agfla.com                    666        635         160         160      Grocery                    Christopher Miller                        Pompano Beach, FL
  98         92          Trupointe Cooperative**                                           trupointe.com                651        711         217         197      Agriculture                Larry J. Hammond                          Piqua, OH
  99         75          New Cooperative, Inc.                                             newcoop.com                  641        850         286         277      Agriculture                Brent Bunte                               Fort Dodge, IA
 100         98          Buckeye Power, Inc                                                buckeyepower.com             640        627        2,037       2,119     Energy & Comm.             Anthony J. Ahern                          Columbus, OH

   1) Dairylea, Inc merged with Dairy Farmers of America. The merger became effective on
      April 1, 2014.                                                                                    TOTALS        243,178    233,603    521,063    478,885        * Much of the information in this report has been provided to NCB from outside sources. NCB
                                                                                                                                                                      expressly disclaims any warranties or representatives, express or implied, of any kind as to the
                                                                                                                                                                      accuracy or completeness of any of the information, facts, or opinions contained in this report.
   2) United Farmers Cooperative merged with Central Valley Ag Cooperative. The merger
      became effective on September 1, 2014.                                                                                                                          ** Information provided by the USDA.

INDUSTRY                                                              Did you know there are...

BY SECTOR                                                                                                                 How does your co-op build a better world?
                                                                                  120
                                                                                                                          Together, with my co-leader Donn DeVelder, we promote the fact that strengthening rural America
                                                                                                                          through its core business — agriculture — builds both rural communities and cooperatives.

                                                                                    MILLION                                                                          SHERYL MASHKE | Co-PRESIDENT & CEO | ASSOCIATED MILK PRODUCERS, INC.

      AGRICULTURE
      52 Co-ops                                                                                  Cooperative
      $149.5 Billion In Revenue                                                                  members
                                                                                                 across the US

                                                                                                                  140
                                                                                                 serving...
                                                                                                                                                    CO-OPS PROVIDE                                                                                        CREDIT UNION

                                                       GROCERY                                                                                      2.1 MILLION                                BANK ON IT
                                                       13 Co-ops                                                                                    JOBS & CREATE MORE THAN                    Did you know more than
                                                       $37.4 Billion In Revenue
                                                                                                                   MILLION                          $75 BILLION                                100 million people are
                                                                                                                                                                                               members of a credit union?
                                                                                                                                                    IN ANNUAL WAGES
                                                                                                                                                    WITH REVENUE OF NEARLY
              ENERGY &                                                                                                                              $650 BILLION
              COMMUNICATIONS                                                                                               customers!
              18 Co-ops
              $21 Billion In Revenue
                                                    HEALTH CARE
                                                    2 Co-ops
                                                    $9.2 Billion In Revenue

HARDWARE
& LUMBER
4 Co-ops
$10 Billion In Revenue
                                 FINANCE
                                                                                                        How does your co-op build a better world?
                                 9 Co-ops                                                               Our co-op builds a better world in every one of the communities in which our farm families tend to their farms, own and operate
                                 $12.9 Billion In Revenue                                               manufacturing facilities, and sell branded Cabot product. We collectively appreciate and honor the shared responsibility to
                                                                                                        ensure a sustainable future on behalf of our members, employees and consumers for many generations to come.

                                              OTHER
                                              2 Co-ops
                                              $3.2 Billion
                                              In Revenue
                                                                                                                                                                                                                       ED TOWNLEY | CEO | AGRIMARK
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
WHO WE ARE*
                              We believe in we. Not I. We see opportunity in each other. And everywhere. We are members. We are owners. We
                              are mothers, fathers, daughters, sons. We are family. We leverage generation. We learn from our past. We keep
                              our eye on the future. We are adaptable. We are unpredictable. We are unstoppable. We love what we do. We love
                              to laugh. We play well with others. We believe children enrich our present. We believe children inspire our future.
                              We are driving positive social change. We know local matters. We are built for you. We are built by you. We are
                              active in the pursuit of equality. Equity. Happiness. We are masters of our own destiny. We give back. We give big.
                              We never stop dreaming. We are leaders. We are life changers. We are steadfast in optimism. We empower
                              people. We are yours. We are yours to own. We care. We are connected. We are intricate. We aren’t complicated.
                              We offer value. We live with values. We see good things happen everyday. We improve lives. We are people
                              helping people. We create jobs for our economy. We operate on principle. We believe in the power of numbers.
                              We believe everyone has a voice and should be heard. We remove barriers. We don’t create them. We are limitless.
                              We create awareness. We go together toward success. We pay attention to detail. We foster creativity and
                              innovation. We dare to be different. We honor the individual. We celebrate the collective. We are on time. We are
                              timeless. We are universal. We are a movement. We are for everyone. We always have been. We always will be. We
                                   are many members. We are one force. We are one vision. We are building a better world. Now. Together.

                                                                    WE ARE A COOPERATIVE.

*The material on this page provided by CCA Global Partners, for more information go to buildingabetterworldnow.coop           © 2015 National Cooperative Bank. All rights reserved.
WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank WORLD COOPERATIVES BUILD A BETTER - 2015 NCB CO-OP 100 - National Cooperative Bank
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