Even during a global pandemic, electric cooperatives continue to be significant economic engines in their communities.
That is according to the latest National Cooperative Bank Co-op 100 list, which ranks co-ops across a variety of industries by revenue. Two Colorado electric-related cooperatives made the list: CoBank and Tri-State Generation and Transmission Association.
Electric co-ops account for almost one-quarter of the Co-op 100 list, collectively earning $20.4 billion in revenue and topping $64.5 billion in assets in 2020. CoBank, a national bank headquartered in Greenwood Village and serving electric co-ops and other ag industries, ranked 11th with revenues of $3.5 billion. Tri-State ranked 35th with revenues of $1.3 billion. Tri-State was one of 24 electric co-ops that made the list from across the country.