Co-ops build stronger local business and communities.
A cooperative, or co-op, buys and sells products or services like any other business. The difference is a co-op is owned and governed by its members, the people who use it. And, profits are reinvested in the co-op or distributed to its members.
Today, there are nearly 30,000 cooperatives in the United States, with more than 100 million members. In nearly every part of the economy, people have joined together to do business more effectively or to get the products and services they need—from food to construction equipment to childcare—through cooperatives.
Co-ops are as American as car racing.