What Is a Cooperative?
A cooperative is a business that is owned and controlled by the members, and has the ability to adapt and invest in the interest of its members. Members earn an “equity” or ownership stake in the cooperative in proportion to their use of its services. This equity is redeemed when a member turns 69 years of age. Members also receive annual patronage refunds. Patronage refunds are price adjustments after a cooperative’s accounting period.
Consumers Cooperative is proud to be a member of CHS Inc., a diversified energy, grains, and foods company committed to providing the essential resources that enrich lives around the world. A Fortune 100 company, CHS is owned by farmers, ranchers, and cooperatives, along with thousands of preferred stockholders across the United States.