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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