Definition of National Bank for Cooperatives (CoBank)

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TeachMeFinance.com - explain National Bank for Cooperatives (CoBank)



National Bank for Cooperatives (CoBank)

The term 'National Bank for Cooperatives (CoBank) ' as it applies to the area of agriculture can be defined as 'An institution of the Farm Credit System that provides financial services to approximately 2,000 agricultural cooperatives, rural utility systems, Farm Credit System associations and other businesses serving rural America. CoBank also finances agricultural exports and provides international banking services primarily to U.S. agricultural cooperatives'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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