AgriBank

AgriBank, part of the US Farm Credit System, serves as a wholesale lender and business-service provider to a 15-state network of local farm credit associations in a district that stretches from Ohio to Wyoming and Minnesota to Arkansas. AgriBank is the second largest of the four Farm Credit Banks and has over $100 billion in assets. Its headquarters is in downtown St. Paul, Minnesota.

AgriBank, FCB
Type
Industry
Headquarters
Key people
Jeff Swanhorst, CEO
US$ 577 million (2018)
Total assets US$ 109.7 billion (2018)
Total equity US$ 5.9 billion (2018)
Websiteagribank.com

Leadership includes an 18-seat board of directors and an executive team based in St. Paul. Directors serve 4-year terms.

History

AgriBank is the product of mergers of several regional Farm Credit Banks:

  • 1992 merger of the Farm Credit Bank of Saint Louis and Farm Credit Bank of Saint Paul to form AgriBank.
  • 1994 merger with the Farm Credit Bank of Louisville.
  • 1994 merger of the Farm Credit Bank of Spokane and Farm Credit Bank of Omaha to form AgAmerica Farm Credit Bank.[1]
  • 2003 merger with AgAmerica Farm Credit Bank.

References


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