Meaning Banks for cooperatives
What does Banks for cooperatives mean? Here you find 3 meanings of the word Banks for cooperatives. You can also add a definition of Banks for cooperatives yourself
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Banks for cooperativesBanks for cooperatives established pursuant to sections 2 and 30 of the Farm Credit Act of 1933 are the federally chartered instrumentalities of the United States. They are a class of banks authorized [..]
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Banks for cooperatives Authorized by Congress to lend to rural utilities in 1973, BC’s lend concurrently with RUS, providing financing in conjunction with the guaranteed loan program and by making direct loans. BC’s include COBANK.
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Banks for cooperativesFinancial institutions that, as a part of the Farm Credit System, offer a complete line of credit and leasing services to agricultural cooperatives, rural utilities, and other eligible customers. The three BCs are: the Co-Bank National Bank for Cooperatives, headquartered in Denver, Colo.; the St. Paul Bank for Cooperatives, headquartered in St. Pa [..]
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