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CoBank, a 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 2022. This is the 12th consecutive year CoBank has been named to the list. Global Finance, which covers the financial services industry, publishes its “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. "We’re pleased to once again receive this recognition, which reflects CoBank’s strong financial condition and our status as a member of the Farm Credit System,” said Thomas Halverson, CoBank's president and CEO.
CoBank, a cooperative bank that serves agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, has committed $250,000 to support disaster relief efforts in the wake of Hurricane Ian. The bank joined its partners, AgFirst, Farm Credit Bank of Texas and Farmer Mac, providing a joint $325,000 contribution to the American Red Cross to support relief efforts in communities impacted by hurricanes Fiona and Ian. In addition, CoBank has established a $150,000 fund that will match the disaster relief contributions of its customers. The fund will provide added support to the communities impacted by Hurricane Ian as long-term recovery efforts are launched.
Farm Credit is hosting a virtual career and internship fair for students and recent graduates of HBCUs and MANRRS chapters on Thursday, September 15. As part of our efforts to cultivate a strong and equitable workforce, we're proud to support this opportunity to jumpstart future agriculture careers.
CoBank has been named an honoree of The Civic 50 Colorado by CSR Solutions of Colorado and Points of Light, the world’s largest organization dedicated to volunteer service. The award recognizes CoBank as one of the most community-minded companies in Colorado, determined by an independently administered and scored survey. The Civic 50 Colorado initiative, modeled after Points of Light’s national program, provides a standard for superior corporate citizenship and showcases how companies are using their time, talents, skills and resources to drive social impact in their company and communities.
