With determination and pride, we will continue our commitment to serve farmers, rural America and our customers. With these values as our guide, we will provide more than we receive and succeed both individually and as a company. A number of farmer-owned cooperatives are familiar to millions of American consumers. Land O'Lakes sells feed, seed and agronomy products to farmers through a network of more than 1,100 independently owned and operated local farmer cooperatives in 29 states. Co-ops exist in many other areas of the economy in addition to agriculture.
Credit unions are a cooperative form of banking.
Many rural areas are served by cooperative electric associations. A number of insurance companies are, in fact, cooperatives.