Otter Co-op is the oldest still-existing business in Aldergrove. Incorporated in 1922 at 3600 – 248 Street, Otter Co-op is celebrating its 95th anniversary in October.
As a member-owned co-operative it provides patronage dividends to members with annual cash payments based on a percentage of the purchases made by individual members. Otter Co-op also contributes hundreds of thousands of dollars to community organizations and charitable causes each year.
Otter Co-op offers one-stop service at its Retail Centre, with sales of food, fashions, hardware, and farm, lawn and garden equipment and supplies, along with a pharmacy and a cafe/deli section. The Retail Centre is currently undergoing its fourth major renovation since 1980, and it should be complete by Christmas.
A major part of the Co-op’s business is its feed mills, bulk petroleum plant and a number of gas bars in the Fraser Valley and Okanagan. In 2009 Otter Co-op amalgamated with Consumers Co-op in Pitt Meadows, to expand the co-op’s successful business model on the north side of the Fraser River.