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CoBank is part of the Farm Credit System, which Congress formed in 1916 to fill a need for long-term agricultural credit.
Federal Land Banks pay off the last of the government seed money provided to them in 1916.
The Farm Credit Act of 1933 allows local Production Credit Associations (PCAs) to expand short- and intermediate-term agricultural credit availability.
The Farm Credit Act of 1971 broadens the scope of Farm Credit services to include rural home mortgages and leasing and BC financing of rural electric and telephone cooperatives.
The 1980 Farm Credit Act authorizes the Central Bank for Cooperatives to finance agricultural exports.
The Farm Credit Act of 1987 gives the System greater flexibility to change its structure.
CoBank was created in 1989 through the merger of 11 Banks for Cooperatives.
Through the 1990 Farm Bill, Congress authorizes the BCs to finance water and waste disposal systems serving rural areas and communities.
1, 2012, CoBank merged with United States AgBank.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| United Federal Credit Union | 1949 | $170.0M | 380 | - |
| First Merchants | 1893 | $556.0M | 1,918 | 165 |
| Farm Credit Bank of Texas | 1916 | $150.0M | 426 | - |
| Farm Credit Mid-America | 1916 | $1.4B | 3,000 | - |
| AgFirst Farm Credit Bank | 1916 | $180.0M | 530 | 32 |
| Farm Credit Services of America | 1916 | $1.1B | 10,000 | 133 |
| Capital Farm Credit | 1916 | $49.9M | 480 | 7 |
| Republic Financial | 1971 | $3.4M | 35 | 156 |
| CIT Group | 1908 | $2.3B | 3,678 | - |
| Westpac | 1817 | $15.0B | 33,288 | 1 |
Zippia gives an in-depth look into the details of CoBank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CoBank. The employee data is based on information from people who have self-reported their past or current employments at CoBank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CoBank. The data presented on this page does not represent the view of CoBank and its employees or that of Zippia.
CoBank may also be known as or be related to CoBank, CoBank ACB, CoBank, ACB, Cobank, Cobank Acb and Cobank, Acb.