What does CoBank stand for?
Table of Contents
What does CoBank stand for?
Charter territory for Farm Credit Bank
CoBank
| Charter territory for Farm Credit Bank operations | |
|---|---|
| Headquarters | Greenwood Village, Denver, Colorado |
| Key people | Thomas Halverson, President and CEO |
| Net income | US$ 1.1 billion (2019) |
| Total assets | US$ 145 billion (2019) |
Is CoBank part of Farm credit?
CoBank is a member of the Farm Credit System, a national network of cooperatively owned financial service providers dedicated to supporting rural communities and agriculture throughout America and Puerto Rico.
Is CoBank a GSE?
This access to cheap and dependable funding drives CoBank’s profitability, provides excellent funding flexibility and sets apart CoBank and other system banks from all other non-government-sponsored enterprise (GSE) financial institutions. Unique Characteristics: Unlike other system banks, CoBank is dual-chartered.
Is CoBank a cooperative?
CoBank is a national cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
Who is the CEO of CoBank?
Thomas Halverson
As CoBank’s president and chief executive officer, Thomas Halverson is responsible for implementing the bank’s strategic and business direction as set by the board of directors.
Is CoBank a private company?
CoBank is one of the largest private providers of credit to the U.S. rural economy. The bank delivers loans, leases and other financial services to agribusiness, rural infrastructure and Farm Credit customers in all 50 states.
How big is CoBank?
CoBank is a $160 billion cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
Is CoBank a good company?
CoBank is ranked #27 on the Best Companies to Work For in Colorado list. Zippia’s Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.
Is CoBank a good place to work?
88% of employees at CoBank say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.
How many employees does CoBank have?
1,000 employees
A large finance company with 1,000 employees and an annual revenue of $3.3B, CoBank is headquartered in Greenwood Village, CO. To serve as a dependable provider of credit and other value-added financial services to agriculture and rural infrastructure businesses for the benefit of rural America.
