TeachMeFinance.com - explain Bank for Cooperatives (BC)
Bank for Cooperatives (BC) The term 'Bank for Cooperatives (BC) ' as it applies to the area of agriculture can be defined as ' Lending institution within the Farm Credit System that provides credit to agricultural cooperatives and rural utility cooperatives nationwide. Nationally chartered CoBank Agricultural Bank (Denver) has the authority to finance U.S. agricultural exports and to provide international banking services to farmer-owned cooperatives'.
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