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Definition of 'Banks For Cooperatives'
Established by the Farm Credit Act of 1933, these regional, privately-owned and government-sponsored banks make loans to farmer-owned marketing, supply and service cooperatives, and rural utilities. The loans are financed primarily by the sale of debt securities issued by the Federal Farm Credit Bank. Banks for cooperatives are part of the Federal Farm Credit System and are subject to regulation by the Farm Credit Administration.
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Investopedia explains 'Banks For Cooperatives'
The Federal Farm Credit System is a nationwide cooperative system of banks and associations providing credit to farmers, agricultural concerns and related businesses. This cooperative system contains the Bank for Cooperatives, Farm Credit Banks and the Federal Farm Credit Banks Funding Corp. In January 2006, the U.S. government signed a law stating that every farm credit district must have a bank for cooperatives.
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Search results for 'Banks For Cooperatives'
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http://www.investopedia.com/articles/06/JGTRRADividends.asp
... to dividends paid by the following: Credit unions, mutual insurance companies, mutual
savings banks, farmers' cooperatives or tax-exempt cemetery companies; ...
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http://www.investopedia.com/university/banking-system/banking-system11.asp
... Credit unions are almost always organized as not-for-profit cooperatives. Like banks
and S&Ls, credit unions can be chartered at the federal or state level. ...
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http://financialedge.investopedia.com/financial-edge/1211/6-Benefits-Of-Using-A-Credit-Union.aspx
... Not a Corporation Credit unions often consider themselves "financial cooperatives"
rather than ... unions offer all the same services as banks: "checking, saving ...
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http://www.investopedia.com/exam-guide/series-65/broker-dealers-securities-registration/securities-regulation.asp
... under other laws (such as banks, credit unions, insurance companies, railroads and
public utilities); nonprofit organizations such as cooperatives and employer ...
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http://www.investopedia.com/exam-guide/series-66/regulation-of-securities/registration-of-securities.asp
... under other laws (banks, credit unions, insurance companies, railroads, public
utilities), and non-profit organizations such as cooperatives and employer ...
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http://www.investopedia.com/exam-guide/series-7/debt-securities/agency-bonds.asp
... rural homeowners, rural utilities and related individuals, businesses and cooperatives. ...
in 1972 to buy student loans from banks, essentially guaranteeing the ...
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