About CoBank
MoreCoBank is one of the largest private providers of credit to the U.S. rural economy. With more than $125 billion in assets, the bank delivers loans, leases and other financial services to agribusiness, rural infrastructure and Farm Credit customers in all 50 states.
Financial Information
MoreGovernance
MoreCoBank’s board consists of directors elected by its customer-owners across the country, as well as a number of appointed directors. Elected directors serve four-year terms and are chosen from six separate geographic districts. A majority of our directors are actively engaged in farming, ranching and other rural industries.
Board of Directors
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Kevin G. Riel
Chair -
Jon E. Marthedal
First Vice Chair -
Kevin A. Still
Second Vice Chair -
Robert M. Behr
Director -
Michael S. Brown
Director -
Russell G. Brown
Director -
Everett M. Dobrinski
Director -
William M. Farrow, III
Director -
Benjamin J. Freund
Director -
Andrew J. Gilbert
Director -
Daniel T. Kelley
Director -
David J. Kragnes
Director -
Catherine Moyer
Director -
David S. Phippen
Director -
Ronald J. Rahjes
Director -
Scheherazade S. Rehman
Director -
Karen L. Schott
Director -
Edgar A. Terry
Director -
Brandon J. Wittman
Director
Management Executive Committee
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Thomas Halverson
President and Chief Executive Officer -
David P. Burlage
Chief Financial Officer -
Timothy Curran
Chief Risk Officer -
Bill Davis
Executive Vice President, Farm Credit Banking Group -
Eric Itambo
Chief Banking Officer -
Andrew D. Jacob
Chief Operating and Legislative Officer -
M. Mashenka Lundberg
Chief Legal Officer and General Counsel -
Robert L. O'Toole
Chief Human Resources Officer -
Ann Trakimas
Chief Operating Officer -
Robert F. West
Executive Vice President, Infrastructure Banking Group
Industries We Serve
MoreCoBank's customers form the backbone of the economy in rural America — agribusiness, power, water and telecommunications.
Products and Services
MoreGrowing businesses need capital. Our job at CoBank is to provide the financing you need to be successful. We offer a broad range of competitively priced, flexible loan programs, leasing services and other financial services including cash management, online services and specialized financial services to meet your changing business needs.
Farm Credit System
MoreCoBank is a member of the Farm Credit System, a national network of cooperatively owned financial service providers dedicated to supporting rural communities and agriculture throughout America and Puerto Rico.
Recent News
More-
Grain Elevators Facing Tighter Margins, Revenue Pressures in 2020
December 4, 2019
Sharply higher basis on corn, soybeans and wheat will likely slice into profit potential -
Kenneth Zuckerberg joins CoBank Knowledge Exchange as Senior Economist
November 21, 2019
CoBank today announced that veteran industry analyst Kenneth Scott Zuckerberg has joined its Knowledge Exchange division as a senior economist.
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Almond Oversupply Risk Tied to Shifts in Weather, Acreage
Producers brace for wildcard impact of water regulations
The almond industry has enjoyed over 20 years of robust growth & favorable economic returns. Yet, over the past 5 years weather-related challenges have kept yields relatively flat.
Our History
MoreCoBank is part of the Farm Credit System, which Congress formed in 1916 to fill a need for long-term agricultural credit. The System is a national network of lending institutions that provides production agriculture with more than 30 percent of its credit and financial needs. CoBank was created in 1989 through the merger of 11 Banks for Cooperatives.
LIBOR Transition
MoreThe days of having transactions indexed to LIBOR are numbered. CoBank is tracking the LIBOR transition to lay out where an alternative reference rate may be headed.