National Cooperative Bank

Location:

139 SOUTH HIGH STREETHillsboroOhio45133United States View Map

Revenue:

$300 Million

Employees:

375

NAICS Codes:

522291

Phone:

(937) 393-4246

Website:

www.ncb.coop

Fax:

(937) 393-5711
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Description:

About National Cooperative Bank (NCB - www.ncb.coop): NCB fulfills its singular mandate to strengthen America's cooperatives, their members and other socially responsible organizations through the delivery of social impact banking products and services. NCB's customers are cooperatives such as grocery wholesaler co-ops, food co-ops, purchasing co-ops, credit unions and housing co-ops who share in the spirit of joining and working cooperatively to meet personal, social, and business needs. In 2012, NCB provided nearly $1.4 billion in loans to cooperative and community organizations across the United States of which $232 million served low-moderate income communities. Headquartered in Washington, DC, the Bank has offices in Alaska, California, New York, Ohio and Virginia. Recent transactions include a $30 million first mortgage to Amalgamated Housing Cooperative in New York City's Bronx Borough, the oldest limited equity housing cooperative in the United States, and a $4.7 million term loan to Wheatsville Food Co-op in Austin, Texas, with 12,000 consumer-owners. Chartered by the 95th U.S. Congress in 1978, NCB was privatized in 1981 as a member-owned financial institution. Since then, NCB has been structured as a financial cooperative and all capital stock has been owned by borrowers or entities eligible to borrow from NCB.

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