agribank.com Reviews

AgriBank is a part of the Farm Credit System, a nationwide network of borrower-owned lending institutions that provide credit and financial services to farmers, ranchers, and rural homeowners, as well as to agricultural and rural utility cooperatives. The Farm Credit System was established in 1916 and is a government-sponsored enterprise. It is the largest single provider of agricultural credit in the United States.

AgriBank specifically serves as a wholesale bank, providing loan funds and financial services to 14 Farm Credit Associations in 15 northern and central states. These associations, in turn, provide credit and financial services to farmers, ranchers, and rural businesses in their respective regions.

As a part of the Farm Credit System, AgriBank operates under a cooperative structure, meaning that its customers are also its owners. This structure is designed to ensure that the institution remains focused on meeting the credit and financial needs of its member-borrowers, rather than maximizing profits for external shareholders.

AgriBank’s activities include raising funds through the issuance of debt securities in the national and international capital markets, which are then used to provide loans to its affiliated Farm Credit Associations. These associations, in turn, make loans to individual farmers, ranchers, and rural businesses to support their operations and contribute to the overall stability of the agricultural sector.

The Farm Credit System, including AgriBank, is regulated and supervised by the Farm Credit Administration (FCA), an independent federal agency. The FCA ensures the safety and soundness of the System’s institutions and promotes a competitive and efficient agricultural and rural credit market.

In summary, AgriBank is a key financial institution within the Farm Credit System, playing a vital role in providing reliable and consistent credit and financial services to support the agricultural and rural communities across its designated regions.”

the reasons behind this review :
Part of the Farm Credit System, a government-sponsored enterprise
Provides wholesale loan funds and financial services to 14 Farm Credit Associations
Serves farmers, ranchers, and rural businesses in 15 northern and central states
Operates under a cooperative structure, with customers as owners
Raises funds through debt securities to provide loans to affiliated associations
Regulated and supervised by the Farm Credit Administration (FCA)
Promotes stability and efficiency in the agricultural and rural credit market