- CEO
- Thomas E. Halverson
- Full Time Employees
- 1,199
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 6340 South Fiddlers Green Circle Greenwood Village CO United States of America 80111
- IPO Date
- Aug 25, 2016
- Business
- CoBank, ACB operates as a cooperative bank within the United States, providing a comprehensive suite of financial solutions across rural America. The institution serves a diverse clientele through its core operating segments: Agribusiness, Farm Credit Banking, and Rural Infrastructure. Its extensive product portfolio includes various loan offerings, such as intermediate and long-term financing, revolving lines of credit, bridge and construction loans, short-term working capital, and acquisition support. Beyond traditional lending, CoBank delivers lease financing for a wide array of assets, encompassing agricultural production and forestry equipment, transportation vehicles, storage facilities, processing machinery, and utility infrastructure. The bank also facilitates global commerce with trade finance products, including letters of credit, documentary collections, and pre-export funding. Furthermore, CoBank assists customers with risk mitigation tools like interest rate caps and swaps, alongside a robust offering of capital market services covering debt capital formation, secondary market activities, deal structuring, and administrative agency support. Its cash management services streamline payables, receivables, and liquidity, integrated with digital banking platforms and commercial credit card solutions. The cooperative also manages and leases mineral interests in several states, including Arizona, California, Colorado, Kansas, Nevada, New Mexico, Oklahoma, and Utah. CoBank's target market spans agricultural cooperatives, food and agribusiness enterprises, rural power, communications, and water utilities, as well as rural community facilities and affiliated Farm Credit associations. As an integral component of the Farm Credit System, which was established by Congress in 1916, CoBank supports vital industries throughout the nation. The bank has demonstrated strong financial performance, reporting record net income of $1.635 billion in 2024, with average loans increasing to $162.5 billion in the first quarter of 2025, and consistently maintaining solid capital levels. Recent initiatives include originating its first sustainability-linked loan in November 2024 and being recognized as a U.S. Best Managed Company in May 2025. Headquartered in Greenwood Village, Colorado, CoBank operates nationally with an international representative office in Singapore.