Farm Credit Bank of Texas

What is a Co-Op?

A cooperative is a business with certain unique characteristics. A cooperative business:

Is owned and democratically controlled by its members-people who have organized to provide themselves with needed goods and services
Is voluntary and operates for the benefit of its member-owners
Takes advantage of economies of scale by pooling buying power
Returns any profits, after bills are paid and money is set aside for operations and improvements, to the co-op members