Privately owned banks, sponsored by the federal government, that make loans to farmer-owned cooperatives and rural utilities. Banks for cooperatives were established by the Farm Credit Act 1933. Loans issued by the banks are financed by the sale of securities by the Federal Farm Credit Bank.
Related information about banks for cooperatives:
- Banks For Cooperatives Definition | Investopedia
Established by the Farm Credit Act of 1933, these regional, privately-owned and government-sponsored banks make loans to farmer-owned marketing, supply ...
- Banks for Cooperatives - Financial Dictionary - The Free Dictionary
Twelve privately-owned banks sponsored by the U.S. federal government that provide financing to American farmers. They make loans to farmers for marketing ...
- 12 USC § 2124 - Stock of banks for cooperatives | LII / Legal ...
(iii) other banks for cooperatives, and shall not be otherwise transferred, pledged, or hypothecated except as consented to by the issuing bank under regulations ...
- Sec. 413 Voluntary Merger of the Banks for Cooperatives
VOLUNTARY MERGER OF THE BANKS FOR COOPERATIVES. (a) SUBMISSION OF PROPOSAL. (1) SPECIAL COMMITTEE. (A) IN GENERAL. Not later than ...
- Financial Appraisal of the Banks for Cooperatives
Downloadable! This study examines the financial situation of the Farm Credit System Banks for Cooperatives using comparative analysis for the period 1978 ...
- Evaluation of Restructuring Alternatives for the Banks for Cooperatives
Despite their unique business clientele, the Banks for Cooperatives (BCs) have been adversely affected by this changed environment. In 1987, the BCs ...
- What is banks for cooperatives? definition and meaning
Definition of banks for cooperatives: Privately owned banks, sponsored by the federal ... Banks for cooperatives were established by the Farm Credit Act 1933.
- CoBank - Wikipedia, the free encyclopedia
It was previously known as CoBank-National Bank for Cooperatives, and was the product of the merger in 1989 of 11 of 13 Banks for Cooperatives created in ...