Cooperative News

PEC among National Cooperative Bank’s top 100 co-ops

This year marks PEC’s fourth consecutive year climbing the ranks

PEC is proud to rank among the top cooperatives in the United States for the fourth consecutive year according to National Cooperative Bank’s annual co-op 100 list. The ranking, which is based on our 2018 revenues of about $634 million, placed PEC at No. 87.

PEC among National Cooperative Bank’s top 100 co-ops

PEC has climbed in the rankings each year since first making the list in 2016.

“We’re proud to be included on this important list again this year,” said PEC CEO Julie C. Parsley. “PEC is committed to fiscal responsibility for our membership, especially as we continue to experience record growth year over year.”

The list ranks cooperatives by revenue in sectors such as health care, agriculture, finance, grocery, and more. Across industries, all cooperatives share the same business model and abide by seven cooperative principles, including democratic member participation and concern for community.