AgriBank: Difference between revisions

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 {{Short description|American farm lending bank}}
-{{Other uses}}
-'''AgriBank''', part of the US [[Farm Credit System]], serves as a [[Wholesale banking|wholesale lender]] and a farm credit bank<ref name=":0">{{Cite web |title=About banks & associations {{!}} Farm Credit Administration |url=https://www.fca.gov/bank-oversight/about-banks-and-associations |access-date=2022-05-23 |website=www.fca.gov}}</ref> (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<ref name=":0" /> 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).<ref name=":0" />
-AgriBank is owned by member associations, which are owned by agricultural borrowers.<ref>{{Cite web |last=Kohn |first=Natalie McGarry and Donald |date=2012-11-06 |title=Farm Credit System Liquidity and Access to a Lender of Last Resort |url=https://www.brookings.edu/research/farm-credit-system-liquidity-and-access-to-a-lender-of-last-resort/ |access-date=2022-05-23 |website=Brookings |language=en-US}}</ref> In 2011, it relocated its headquarters to [[Wells Fargo Place]] in downtown [[St. Paul, Minnesota]].<ref>{{Cite web |last=Black |first=Sam |date=January 7, 2011 |title=AgriBank relocating in downtown St. Paul to Wells Fargo Place |url=https://www.bizjournals.com/twincities/print-edition/2011/01/07/agribank-relocating-in-downtown-st.html |access-date=2022-05-23 |website=www.bizjournals.com}}</ref>
-Leadership includes an 17-seat [[Board of Directors|board of directors]] and an executive team based in St. Paul. Directors serve 4-year terms.
 {{Organization
 |OrganizationName= AgriBank, FCB
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 }}
-'''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.
+'''AgriBank''', part of the US [[Farm Credit System]], serves as a wholesale lender and a farm credit bank<ref name=":0">{{Cite web |title=About banks & associations {{!}} Farm Credit Administration |url=https://www.fca.gov/bank-oversight/about-banks-and-associations |access-date=2022-05-23 |website=www.fca.gov}}</ref> (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<ref name=":0" /> 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).<ref name=":0" />
+AgriBank is owned by member associations, which are owned by agricultural borrowers.<ref>{{Cite web |last=Kohn |first=Natalie McGarry and Donald |date=2012-11-06 |title=Farm Credit System Liquidity and Access to a Lender of Last Resort |url=https://www.brookings.edu/research/farm-credit-system-liquidity-and-access-to-a-lender-of-last-resort/ |access-date=2022-05-23 |website=Brookings |language=en-US}}</ref> In 2011, it relocated its headquarters to Wells Fargo Place in downtown St. Paul, Minnesota.<ref>{{Cite web |last=Black |first=Sam |date=January 7, 2011 |title=AgriBank relocating in downtown St. Paul to Wells Fargo Place |url=https://www.bizjournals.com/twincities/print-edition/2011/01/07/agribank-relocating-in-downtown-st.html |access-date=2022-05-23 |website=www.bizjournals.com}}</ref>
+Leadership includes an 17-seat board of directors and an executive team based in St. Paul. Directors serve 4-year terms.
 {{Official URL (simple)|url=https://www.agribank.com/}}
@@ Line 42: / Line 38: @@
 ==Partners==
-AgriBank collaborates with:
+AgriBank collaborates with various Farm Credit Associations across its 15-state district.
-- Various Farm Credit Associations across its 15-state district.
 ==Number of employees==