The national rural utilities cooperative finance corporation cfc is a member owned nonprofit cooperative that provides financial products to america s rural electric cooperative network. The national rural utilities cooperative finance corporation cfc nyse.
The cooperative finance association cfa has provided reliable financial products and services to the agricultural industry since 1943.
Cooperative finance corporation. Created and owned by america s electric cooperative network cfc a nonprofit finance cooperative with more than 25 billion in assets provides unparalleled industry expertise flexibility and responsiveness to serve the needs of nearly 1 000 member owners across 48 states. Nru nrc is a nonprofit finance cooperative created and. Together cfc and its affiliates the national cooperative services corporation ncsc and the rural telephone finance cooperative rtfc provide financing to member organizations and affiliates in 49 states the district of columbia and two u s.
The organization distributes electricity as well as offers related services. A financial cooperative is a way to structure a financial institution so that it is owned and operated by its members e g a credit union. Control of the cooperative is often democratic with.
Cfc is a nonprofit finance cooperative with more than 25 billion in assets that provides industry expertise flexibility and responsiveness to more than 1 000 member owners to help them meet their financial needs. Cooperative finance corporation cfc dulles virginia. Department of agriculture s usda rural utilities service.
The national rural utilities cooperative finance corporation cfc was founded in 1969 by the rural electric cooperative industry. Having worked exclusively with agricultural cooperatives for over 75 years gives us a superior understanding of the operational issues and financing requirements of your customers. The list of acronyms and abbreviations related to cfc cooperative finance corporation.
National rural utilities cooperative finance corporation cfc is a not for profit privately owned non governmental financial services organization located in dulles virginia. National rural utilities cooperative finance corporation operates as a non profit organization. Started in 1969 cooperative finance corporation serves the nation s rural utility systems the majority of which are electric cooperatives and their subsidiaries.
Cfc was established in 1969 to raise funds from the capital markets to supplement the loan programs for electric cooperatives offered by the u s.