WHAT’S A CO-OP?

A co-op is a company owned by customers and operated for their benefit. This differs from a private company, which is owned by shareholders and obligated to provide a return on their investment. By definition, a cooperatively-owned company should have the customers’ best interests at heart.

Cooperatives were organized by farmers to guarantee the availability of supplies at a fair price. As a group, they purchased commodities so they could operate their business. When the customer’s needs change, we change. We operate for the benefit of our owner customers and have their best interest in mind. A cooperative is democratically controlled which means the owner members elect a Board of Directors, who hire a General Manager, who manages the company for the members.

Some private companies pulled out of rural America because they could not make enough money to satisfy their shareholders, but co-ops stay because they are locally owned by people they serve. That’s a good reason to do business with NuWay Cooperative—to keep us strong and healthy so we can continue to provide the farm supplies, energy products, and retail services you need.

You need not be a farmer to buy from NuWay Cooperative. Just establish an account and start doing business at any of our locations. Click here to review our Credit Policy and download a Credit Application.