The USA’s National Cooperative Business Association (NCBA-Clusa) has published its latest report on the sector, revealing that the country’s top 100 co-ops had a joint revenue of US$324bn in 2023.
The Co-op Impact report collects impact data and stories from close to 100 cross-sector co-ops, illustrating the diversity of the country’s 65,000 co-ops.
US co-ops are active in sectors including finance, with 4,6000 credit unions serving 142 million customers and employing more than one million people. These credit unions have doubled small business loan volume from 2010 to 2020. Around 52% of credit union CEOs are women, 10 times higher than the rate of women CEOs at banks.
