AgriBank

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AgriBank, FCB
Company typeGovernment-sponsored enterprise
IndustryFinancial services
Headquarters
Key people
​Bill York, CEO
US$ 569,648,000 (2014)
Total assetsUS$ 94,425,394,000 (2014)
Total equityUS$ 4,916,045,000 (2014)
Websiteagribank.com

AgriBank, FCB, is the second largest of the four Farm Credit Banks within the Farm Credit System. It oversees agricultural lending in a district that stretches from Ohio to Wyoming and Minnesota to Arkansas. From its headquarters in downtown St. Paul, Minnesota, AgriBank serves as a wholesale lender and business-service provider to a 15-state network of local Associations. AgriBank has over $94 billion in assets.

Leadership includes an 18-seat board of directors and an executive team based in St. Paul. Directors serve 5-year terms.

Mergers

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.[1]
  • 2003 merger with AgAmerica Farm Credit Bank.

References

  1. ^ "Agamerica To Leave Spokane After 73 Years, Farm Credit Bank Moves To Sacramento In March - Spokesman.com - Dec. 7, 1996". Retrieved 2015-01-08.

External links