Bank and Service Entity Will Be Fully Operational Through Coronavirus Pandemic
ST. PAUL, Minn., March 18, 2020 –AgriBank and its SunStream Business Services division today announced that their approximately 200 employees, who are based in St. Paul, are required to work from home or another remote location effective immediately through March 31, 2020. This requirement is mandatory for all employees except those designated by executive leadership to report to the office for specific purposes.
"Employee safety and continuation of business operations will remain top priorities for AgriBank and SunStream during the coronavirus (COVID-19) pandemic," said AgriBank CEO Jeff Swanhorst. "Working remotely will facilitate social distancing to protect employees and others from contracting or spreading the virus."
The organizations conducted a test for several days by having most employees work from home or elsewhere. They will continue to test and refine workplace continuity and remote functionality to ensure they can continue business operations uninterrupted and meet customers' needs.
The mandatory remote work requirement will remain in effect through March 31; a decision about extending this mandate will be made on or near that date.
AgriBank is part of the customer-owned, nationwide Farm Credit System. Under Farm Credit's cooperative structure, AgriBank is primarily owned by 14 local Farm Credit Associations, which provide financial products and services to rural communities and agriculture. AgriBank obtains funds and provides funding and financial solutions to those Associations. The AgriBank District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas. For more information, please visit www.AgriBank.com.
ABOUT SUNSTREAM BUSINESS SERVICES
SunStream Business Services provides technology and other services to AgriBank, Farm Credit Associations and other Farm Credit entities. These entities all are part of the customer-owned, nationwide Farm Credit System, which supports rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow. We aim to provide our customers with all the tools necessary to help them succeed by leveraging common services and technologies to their advantage. For more information, visit www.SunStreamServices.com.