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Leadership includes an 17-seat [[Board of Directors|board of directors]] and an executive team based in St. Paul. Directors serve 4-year terms. | Leadership includes an 17-seat [[Board of Directors|board of directors]] and an executive team based in St. Paul. Directors serve 4-year terms. | ||
== History == | {{Organization | ||
|OrganizationName= AgriBank, FCB | |||
|OrganizationType= Co-operatives | |||
|Mission= AgriBank, FCB aims to support the people who feed the world by providing reliable and consistent credit and financial services to Farm Credit Associations, which in turn support agriculture and rural communities. This mission focuses on enhancing the economic vitality of rural America. | |||
|OrganizationExecutive= Chief Executive Officer | |||
|Employees= 130 | |||
|Budget= | |||
|Website= https://www.agribank.com/ | |||
|Services= Wholesale Lending; Financial Services; Funding Solutions | |||
|ParentOrganization= Farm Credit System | |||
|CreationLegislation= | |||
|Regulations= | |||
|HeadquartersLocation= 44.946419, -93.097158 | |||
|HeadquartersAddress= 30 7th St E, Ste 1600, St Paul, MN 55101, USA | |||
}} | |||
'''AgriBank, FCB (AgriBank)''' is a part of the U.S. Farm Credit System, serving as a wholesale lender to a network of local Farm Credit Associations across 15 states. Its primary function is to obtain funds and provide financial solutions to support agriculture, rural communities, and agribusiness. | |||
{{Official URL (simple)|url=https://www.agribank.com/}} | |||
==Mission== | |||
AgriBank aims to expertly and reliably obtain funds, providing funding and financial solutions to Farm Credit Associations. These associations, in turn, offer loans and financial services to farmers, ranchers, and rural businesses, thereby supporting the agricultural sector and rural America's economic growth.<ref>{{cite web |url=https://www.agribank.com/about/ |title=About |publisher=AgriBank |access-date=January 27, 2025}}</ref> | |||
==Parent organization== | |||
AgriBank operates within the **Farm Credit System**, a national network of customer-owned lending institutions dedicated to serving the financing needs of agricultural and rural communities.<ref>{{cite web |url=https://www.farmcredit.com/ |title=Farm Credit System |publisher=Farm Credit System |access-date=January 27, 2025}}</ref> | |||
==Legislation== | |||
AgriBank's creation was the result of mergers among regional Farm Credit Banks, notably the 1992 merger of the Farm Credit Bank of Saint Louis and Farm Credit Bank of Saint Paul, but specific legislation authorizing these mergers is not detailed in the available references. | |||
==Partners== | |||
AgriBank collaborates with: | |||
- Various Farm Credit Associations across its 15-state district. | |||
==Number of employees== | |||
AgriBank employs approximately 130 dedicated professionals.<ref>{{cite web |url=https://www.linkedin.com/company/agribank/ |title=AgriBank (St. Paul, MN) |publisher=LinkedIn |access-date=January 27, 2025}}</ref> | |||
==Organization structure== | |||
AgriBank has a structure focused on supporting its mission: | |||
===Leader=== | |||
The organization is led by a **Chief Executive Officer**.<ref>{{cite web |url=https://www.linkedin.com/company/agribank/ |title=AgriBank (St. Paul, MN) |publisher=LinkedIn |access-date=January 27, 2025}}</ref> | |||
===Divisions=== | |||
- **Credit Division** for managing lending operations. | |||
- **Treasury and Finance Operations** to handle funding and financial strategy.<ref>{{cite web |url=https://www.agribank.com/about/ |title=About |publisher=AgriBank |access-date=January 27, 2025}}</ref> | |||
==List of programs== | |||
- **Wholesale Funding** for Farm Credit Associations. | |||
- **Capital Markets** for managing investments and funding. | |||
==Last total enacted budget== | |||
Specific budget figures for AgriBank are not publicly available from the references provided. | |||
==Staff== | |||
AgriBank has around 130 employees, primarily based in St. Paul, Minnesota, working to support agriculture through financial services.<ref>{{cite web |url=https://www.linkedin.com/company/agribank/ |title=AgriBank (St. Paul, MN) |publisher=LinkedIn |access-date=January 27, 2025}}</ref> | |||
==Funding== | |||
AgriBank's funding comes from its operations within the Farm Credit System, where it secures funds from capital markets and provides them as wholesale lending to local associations. | |||
==Services provided== | |||
AgriBank provides wholesale lending, financial services, and funding solutions to Farm Credit Associations, enabling them to offer loans, credit, and financial support to farmers, ranchers, and rural businesses. This includes credit, treasury, finance, and risk management services.<ref>{{cite web |url=https://www.agribank.com/about/ |title=About |publisher=AgriBank |access-date=January 27, 2025}}</ref> | |||
==Regulations overseen== | |||
As part of the Farm Credit System, AgriBank operates under the oversight of the Farm Credit Administration but does not directly oversee regulations itself. | |||
==Headquarters address== | |||
30 7th St E, Ste 1600, St Paul, MN 55101, USA | |||
==History== | |||
AgriBank was formed through a series of mergers, with significant activity in 1992 when the Farm Credit Bank of Saint Louis and Farm Credit Bank of Saint Paul merged. This institution has since expanded its territory to cover 15 states, focusing on providing financial services to support agriculture.<ref>{{cite web |url=https://en.wikipedia.org/wiki/AgriBank |title=AgriBank - Wikipedia |access-date=January 27, 2025}}</ref> | |||
AgriBank is the product of mergers of several regional Farm Credit Banks: | AgriBank is the product of mergers of several regional Farm Credit Banks: | ||
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* 1994 merger of the Farm Credit Bank of Spokane and Farm Credit Bank of Omaha to form AgAmerica Farm Credit Bank.<ref>{{Cite web | title = Agamerica To Leave Spokane After 73 Years, Farm Credit Bank Moves To Sacramento In March |website=Spokesman.com |date=December 7, 1996 | access-date = 2015-01-08 | url = http://www.spokesman.com/stories/1996/dec/07/agamerica-to-leave-spokane-after-73-years-farm/ }}</ref> | * 1994 merger of the Farm Credit Bank of Spokane and Farm Credit Bank of Omaha to form AgAmerica Farm Credit Bank.<ref>{{Cite web | title = Agamerica To Leave Spokane After 73 Years, Farm Credit Bank Moves To Sacramento In March |website=Spokesman.com |date=December 7, 1996 | access-date = 2015-01-08 | url = http://www.spokesman.com/stories/1996/dec/07/agamerica-to-leave-spokane-after-73-years-farm/ }}</ref> | ||
* 2003 merger with AgAmerica Farm Credit Bank. | * 2003 merger with AgAmerica Farm Credit Bank. | ||
==External links== | |||
* [https://www.agribank.com/ Official Website] | |||
* [[wikipedia:AgriBank]] | |||
* [https://www.farmcredit.com/ Farm Credit System] | |||
==References== | |||
<references /> | |||
==References== | ==References== | ||