Co-ops in Alaska

Cooperatives in Alaska play a significant role in the state's economy, particularly in rural areas where access to goods and services may be limited. These member-owned businesses span various industries, including agriculture, fisheries, utilities, and financial services.

Agriculture

In the agricultural sector, co-ops enable small-scale farmers to pool resources for purchasing equipment, marketing their products, and accessing essential services. Co-op models also provide farmers with the means to share knowledge and best practices, improving overall efficiency and sustainability.

Fisheries

Alaska's fishing industry heavily relies on co-ops to market and sell seafood products. Fishermen cooperatives allow independent fishermen to negotiate better prices, share resources and infrastructure, and adhere to sustainable fishing practices.

Utilities

It is hard to overstate the role of co-ops in Alaska - over 80% of households receive their power from an electric co-op. Rural communities in Alaska often form co-ops to own and operate utilities such as electricity and telecommunications. These co-ops ensure that essential services are provided to remote areas, promoting economic development and quality of life.

Financial Services

Credit unions are prevalent in Alaska, providing financial services to members while prioritizing their best interests. These member-owned cooperatives offer a viable alternative to traditional banks, particularly in underserved or remote regions.

Groceries

There are three food co-ops in Alaska: Fairbanks, Juneau and Sitka. Owned and operated by their members, food co-ops align with the values and needs of the local community. These stores increase the availability of fresh and affordable food in their communities.