AgriBank, one of four banks in the Farm Credit System, has more than $90 billion in assets. We're a cooperative lending institution owned by 17 Farm Credit Associations, which in turn are owned by approximately 238,000 farmers, ranchers and other eligible borrowers.
The Federal Farm Credit Banks Funding Corporation raises funds AgriBank uses for loans and leases through the sale of Farm Credit Systemwide debt securities (bonds and notes) in U.S. and global money markets. Investors include commercial banks, corporations, insurance companies, investment advisers, money-market funds, municipalities, pension funds, states, and foreign banks and companies.
For detailed information about AgriBank and AgriBank District financial results, click on the links below. For additional information, contact Kirstin Brost Grantham at 612-547-6397 or Kirstin.Grantham@AgriBank.com.
Notice of Significant or Material Events
Effective December 1, 2016, William J. Thone, interim CEO and former vice president and general counsel of AgriBank, will begin serving as CEO of AgriBank.
Effective August 1, 2016, William J. Thone, former AgriBank vice president and general counsel, will begin serving as interim CEO of AgriBank until a new CEO has been selected by the board.
Subordinated Note Redemption
AgriBank announced on April 26, 2016 that, on July 15, 2016, it will redeem all of the outstanding principal amount of its $500 million 9.125 percent subordinated notes due July 2019.
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|AgriBank Reports Fourth-Quarter 2016 and Year-End Financial Results||http://info.agribank.com/news/Pages/2016YearEndFinancials.aspx||AgriBank Reports Fourth-Quarter 2016 and Year-End Financial Results||<p>Net income remained strong at $536.1 million and credit quality remained stable at 99.6 percent acceptable. </p>||2017-03-02T06:00:00Z|
|AgriBank Pays Quarterly Preferred Stock Dividend||http://info.agribank.com/news/Pages/q12016dividen.aspx||AgriBank Pays Quarterly Preferred Stock Dividend||<p>Today, St.
Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its
6.875 percent non-cumulative perpetual class A preferred stock to holders of
record as of Dec. 1, 2016.</p>||2017-01-01T06:00:00Z|
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