AgriBank

AgriBank, FCB
Industry
Headquarters St. Paul, Minnesota
Key people
 Jeff Swanhorst, CEO
Decrease US$ 480 million (2015)
Total assets Increase US$ 99.5 billion (2015)
Total equity Increase US$ 5.1 billion (2015)
Website agribank.com

AgriBank, part of the US Farm Credit System, serves as a wholesale lender and business-service provider to a 15-state network of local farm credit associations in a district that stretches from Ohio to Wyoming and Minnesota to Arkansas. AgriBank is the second largest of the four Farm Credit Banks and has over $94 billion in assets. Its headquarters is in downtown St. Paul, Minnesota.

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

History

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.

See also

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.
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