Newsroom & Financials

CoBank Again Named To "World's 50 Safest Banks" List By Global Finance Magazine

Posted 9/10/2015

CoBank, a leading cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, has  been named to Global Finance magazine’s list of the world’s safest banks for a fifth consecutive year.

Global Finance, which covers the financial services industry, publishes the “World’s 50 Safest Banks” list annually. Banks are ranked using a methodology that includes total assets and an evaluation of long-term ratings from major rating agencies. CoBank was first named to the list in 2011.

“Financial strength is a critical part of the value we offer to our customers,” said Robert B. Engel, CoBank’s chief executive officer. “Our customers operate in industries and markets where conditions can be both volatile and unpredictable, and they look to CoBank to provide them with dependable credit and financial services in good times and bad. We’re very pleased to have earned this distinction for the fifth year in a row, as we believe it reflects our bank’s consistent and sustainable commitment to sound stewardship and our mission in rural America.”

The ranking will be published in the November issue of Global Finance. Further information is available at the magazine’s web site at www.gfmag.com.

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