As a mission-based cooperative lender, CoBank believes in giving back to the communities where our customers and associates live and work. The bank contributes millions of dollars to charitable causes through our diverse corporate giving programs.
Every year, CoBank partners with its customers to help build vibrant rural communities through its signature Sharing Success program. The program doubles the impact of customers by matching their charitable contributions. Since Sharing Success was established in 2012, CoBank and its customers have together contributed more than $76 million to charitable organizations across the country.
Since 2016, CoBank has partnered with No Barriers USA to support rural veterans. CoBank and its customers help bring veterans with disabilities to the Rocky Mountains. The vets hike, climb, raft and connect. Surrounded by others with similar experiences, they find a sense of comfort and belonging.
Approximately 300 veterans have participated in CoBank-sponsored No Barriers expeditions or taken part in an online curriculum. The experience has changed lives.
CoBank’s Board of Directors plays an important role in the bank’s efforts to deepen its commitment to the communities it serves. Each year, board members designate $25,000 in contributions to nonprofit organizations that are consistent with the bank’s business and charitable philosophies.
CoBank associates are able to direct a $500 contribution annually to the charity of their choice. The program supports thousands of charitable and civic organizations, reflecting the wide array of interests and priorities of CoBank associates. CoBank associates can also designate a portion of each paycheck to the United Way, a national nonprofit focusing on education, health and financial stability.
CoBank encourages associates to contribute their time and expertise by offering an annual paid volunteer day and by honoring those who demonstrate outstanding community service with our annual Volunteer Service Award. Each VSA winner receives a $5,000 contribution from the bank to the charity they support.
Each year, CoBank considers special, one-time contributions as a result of requests from customers and other stakeholders or in response to external events.