AgriBank: Difference between revisions
(Importing Wikidata short description: "American farm lending bank") |
m (1 revision imported) |
Revision as of 21:49, 25 January 2025
 | This page in a nutshell: American farm lending bank |
| Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). | |
| File:AgriBank District Map.png Charter territory | |
| Company type | |
|---|---|
| ISIN | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Industry | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Predecessor | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Founded | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Founder | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Defunct | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Successor | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Headquarters | |
Key people | Jeff Swanhorst, CEO |
| Revenue | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). | |
| Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). | |
| Total assets | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Total equity | Increase US$ 8.5 billion (2023) |
Number of employees | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Parent | Lua error in Module:WikidataIB at line 94: attempt to call field 'loadI18n' (a nil value). |
| Website | agribank.com |
AgriBank, part of the US Farm Credit System, serves as a wholesale lender and a farm credit bank[1] (FCB) to a 15-state network of local farm credit associations in a district that stretches from Ohio to Wyoming and Minnesota to Arkansas. AgriBank is the second largest of the four banks in the Farm Credit System[1] and has over $150 billion in assets. Like AgFirst Farm Credit Bank and Farm Credit Bank of Texas, Agribank is organized as an FCB while CoBank, the fourth bank in the system, is organized as an agricultural credit bank (ACB).[1]
AgriBank is owned by member associations, which are owned by agricultural borrowers.[2] In 2011, it relocated its headquarters to Wells Fargo Place in downtown St. Paul, Minnesota.[3]
Leadership includes an 17-seat board of directors and an executive team based in St. Paul. Directors serve 4-year terms.
History
AgriBank is the product of mergers of several regional Farm Credit Banks:
- 1992 merger of the Farm Credit Bank of Saint Louis and Farm Credit Bank of Saint Paul to form AgriBank.
- 1994 merger with the Farm Credit Bank of Louisville.
- 1994 merger of the Farm Credit Bank of Spokane and Farm Credit Bank of Omaha to form AgAmerica Farm Credit Bank.[4]
- 2003 merger with AgAmerica Farm Credit Bank.
References
- ↑ 1.0 1.1 1.2 "About banks & associations | Farm Credit Administration". https://www.fca.gov/bank-oversight/about-banks-and-associations.
- ↑ Kohn, Natalie McGarry and Donald (2012-11-06). "Farm Credit System Liquidity and Access to a Lender of Last Resort" (in en-US). https://www.brookings.edu/research/farm-credit-system-liquidity-and-access-to-a-lender-of-last-resort/.
- ↑ Black, Sam (January 7, 2011). "AgriBank relocating in downtown St. Paul to Wells Fargo Place". https://www.bizjournals.com/twincities/print-edition/2011/01/07/agribank-relocating-in-downtown-st.html.
- ↑ "Agamerica To Leave Spokane After 73 Years, Farm Credit Bank Moves To Sacramento In March". December 7, 1996. http://www.spokesman.com/stories/1996/dec/07/agamerica-to-leave-spokane-after-73-years-farm/.
Further reading
- Webb, Tom (February 18, 2006). "St. Paul's AgriBank empire: It's not a household name, but the St. Paul-based bank has a long reach". St. Paul Pioneer Press. http://www.twincities.com/mld/pioneerpress/13901606.htm.
External links
- Lua error in Module:Official_website at line 90: attempt to index field 'wikibase' (a nil value).
- Farm Credit Administration in the Federal Register
Lua error in Module:Authority_control at line 158: attempt to index field 'wikibase' (a nil value). Template:Bank-stub
- Pages with script errors
- Pages containing cite templates with deprecated parameters
- Pages with the Nutshell template
- Policy and guidelines header templates
- Pages with broken file links
- Farm Credit System
- Companies based in Saint Paul, Minnesota
- Banks based in Minnesota
- Government-owned banks of the United States