AgriBank, FCB

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Contact Information
AgriBank, FCB
30 E. 7th St., Ste. 1600
St. Paul, MN 55101
MN Tel. 651-282-8800
Fax 651-282-8666

Type: Private - Cooperative
On the web: http://www.agribank.com

AgriBank puts the "green" in green acres. The borrower-owned bank provides wholesale lending and business services to Farm Credit System (FCS) associations in America's heartland. Established by Congress in 1916, the FCS is a nationwide network of cooperatives that provide loans and financial services for farmers, ranchers, agribusiness, timber producers, and rural homeowners. The co-ops write loans for homes, land, equipment, and other farm operating costs. AgriBank also provides credit to rural electric, water, and telephone systems. The largest bank in the FCS, its footprint includes more than half of the cropland in the US, covering 15 states from Ohio to Wyoming and Minnesota to Arkansas.

Key numbers for fiscal year ending December, 2010:
Sales: $1,828.0M
One year growth: (6.4%)
Net income: $580.9M
Income growth: 40.8%

Officers:
Chairman: Richard H. Davidson
CEO: L. William (Bill) York
EVP, Banking and Finance and CFO: Brian J. O'Keane

Competitors:
Bank of America
Rabo AgriFinance
Wells Fargo

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