Farm Credit

What Farm Credit does

Farm Credit is a nationwide network of customer-owned cooperatives, established by Congress in 1916 under the Federal Farm Loan Act, that provides credit and financial services to U.S. agricultural producers, farmer-owned cooperatives, agribusinesses, rural infrastructure providers, and rural homebuyers across all 50 states and Puerto Rico. The System is structured around four regional wholesale banks — AgFirst Farm Credit Bank, AgriBank, CoBank, and Farm Credit Bank of Texas — that fund local retail lending associations serving more than 615,000 customer-owners. Core product offerings include agricultural production loans, farm operating lines, agricultural real estate loans, equipment and facility financing, cooperative and agribusiness loans, rural infrastructure financing, rural mortgages, and agricultural export finance through CoBank's Agricultural Export Finance Division ($4.7B in loans outstanding, sales to more than 40 countries). Add-on services include crop insurance, credit life insurance, leasing, cash management, and farm record-keeping. The total loan portfolio stood at $456.9 billion as of December 31, 2025.

Farm Credit operates as a cooperative, raising capital by selling debt securities on the nation's money markets through the Federal Farm Credit Banks Funding Corporation, with debt insured by the Farm Credit System Insurance Corporation. It does not receive government funding but is regulated by the Farm Credit Administration, an independent federal agency. As a customer-owned structure, net income is either retained as capital or distributed to borrowers via patronage dividends — $3.1 billion was returned to farmers and ranchers in 2025 alone, and more than $24 billion cumulatively since 2015. GTM is sales-led and relationship-driven, with loan officers often personally experienced in farming and ranching, supported by a self-serve ZIP-code lender finder on the website. Farm Credit serves 17,000+ employees across the country and operates an extensive partnership ecosystem spanning FFA, 4-H, MANRRS, the American Farm Bureau Federation, the Farmer Veteran Coalition, Annie's Project, and numerous state and community organizations.

Name

Farm Credit

Legal name

Farm Credit

Website

https://farmcredit.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Farm Credit is a nationwide network of customer-owned cooperatives, chartered by Congress in 1916, that provides agricultural, rural infrastructure, cooperative, and rural home loans to 615,000+ farmers, ranchers, agribusinesses, and rural communities across all 50 states and Puerto Rico, with a $456.9 billion loan portfolio funded through Wall Street debt issuance.

Ownership category

akta.pro rank

Product category

Agricultural Lending

NAICS

Sales Financing (522220)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Agricultural Services (700)

akta.pro primary industry

Agricultural & Rural Cooperatives (Farm Credit/Co-op Banks) (FSABAEAG)

Keywords

• Agricultural lending
• Rural home loans
• Cooperative financing
• Crop insurance
• Farm credit services

Headquarters

HQ city

Louisville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Agricultural Lending: Farm Credit provides loans to agricultural producers for purchasing land, operating farms, purchasing equipment, and building facilities. This includes agricultural real estate loans, farm operating lines, and equipment loans.
2. Rural Home Loans: Loans to individuals and families to purchase homes in rural areas with population under 2,500.
3. Agribusiness and Cooperative Lending: Loans to farmer-owned cooperatives and agribusinesses for acquiring land, building facilities, purchasing inventory, extending credit to customers, and exporting products. Also includes cash management services.
4. Rural Infrastructure Financing: Loans to rural infrastructure providers including electric cooperatives, telephone, broadband, water utilities, healthcare facilities, and other rural facilities for operations, acquisitions, mergers and acquisitions, and general corporate purposes.
5. Agricultural Export Finance: CoBank provides export financing for U.S. agricultural products and equipment, as well as trade finance services, representing sales to more than 40 countries. CoBank also provides import financing for agricultural cooperative customer-owners.
6. Crop Insurance: Farm Credit offers crop insurance as a financially related service to agricultural producers.
7. Specialized Leasing Programs: Leasing programs for equipment, facilities, and rolling stock for agricultural producers and cooperatives.
8. Patronage Dividends: As customer-owned cooperatives, net income generated is retained as capital or passed on to customer-owners by way of patronage dividends. In 2025, Farm Credit collectively returned $3.1 billion to farmers and ranchers. Since 2015, Farm Credit has returned more than $24 billion in patronage dividends.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Farm Credit is a nationwide network of customer-owned cooperative lending institutions that provides credit and financial services to U.S. agriculture and rural communities. It makes loans to purchase land, operate farms, buy equipment, build facilities, finance rural infrastructure, support rural homebuyers, and finance agricultural exports, complemented by crop insurance, credit life insurance, leasing programs, and cash management services.

Product overview

Farm Credit is a nationwide network of customer-owned cooperatives that provides a comprehensive suite of financial products and services specifically tailored to support U.S. agriculture and rural communities. The organization operates as a platform of lending institutions rather than a single unified product, with core offerings centered on agricultural production loans (including farm operating lines, equipment financing, and real estate loans), rural infrastructure financing, rural homebuyer mortgages, and agricultural export financing through CoBank. The product portfolio also includes complementary services such as crop insurance, credit life insurance, specialized leasing programs, cash management services, and farm record-keeping and tax preparation assistance. Farm Credit serves multiple customer segments including agricultural producers of all sizes, farmer-owned cooperatives and agribusinesses, rural infrastructure providers, rural homebuyers, and commercial fishers, with specialized support for young, beginning, and small (YBS) farmers.

Differentiator

Problem solved

Functional benefit

Products and services

• Agricultural Production Loans

Quantifiable outcome

• $456.9 billion total loan volume as of December 31, 2025
• +7 more outcomes

Named customers61 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

37 partnerships are on record, tiered core, flagship and minor.

• AgFirst Farm Credit BankcoreStrategic or Co-development PartnerOne of four regional wholesale banks in the Farm Credit System, providing funding to local Farm Credit associations in its territory. Part of the cooperative structure of Farm Credit.
• AgriBankcoreStrategic or Co-development PartnerOne of four regional wholesale banks in the Farm Credit System providing funding to local Farm Credit associations across a 15-state region from Wyoming to Ohio. AgriBank CEO Jeffrey Swanhorst retiring in mid-2027 after 44 years with the Farm Credit System.
• CoBankcoreStrategic or Co-development PartnerOne of four regional wholesale banks that funds local retail associations and makes loans directly to farmer-owned cooperatives, rural infrastructure providers and other agribusinesses. Has unique authority for export financing and operates Agricultural Export Finance Division with $4.7 billion in loans outstanding.
• Farm Credit Bank of TexascoreStrategic or Co-development PartnerOne of four regional wholesale banks in the Farm Credit System. A $42.2 billion wholesale bank that has been financing agriculture and rural America for over 100 years, headquartered in Austin, Texas.
• Farm Credit Administration (FCA)coreOthersIndependent federal financial regulatory agency that regulates the Farm Credit System. Writes and examines regulations that govern Farm Credit institutions. Board members appointed by the President and confirmed by the U.S. Senate.
• Federal Farm Credit Banks Funding CorporationcoreOthersEntity through which Farm Credit raises funds by selling debt securities on the nation's money markets on behalf of all Farm Credit institutions.
• Farm Credit System Insurance CorporationcoreOthersSelf-funded insurance entity that insures Farm Credit debt. Part of the funding and risk management infrastructure of the Farm Credit System.
• Farm Credit CouncilcoreStrategic or Co-development PartnerNational trade association representing Farm Credit institutions before Congress, the Executive Branch and others. Provides mechanism for member grassroots involvement in development of positions and policies related to federal legislation and government activity impacting Farm Credit. Led by President & CEO Christy Seyfert.
• Rebuild Rural CoalitionflagshipStrategic or Co-development PartnerCoalition of more than 250 local, state and national organizations established by Farm Credit to advocate for rural infrastructure. Helped ensure lawmakers prioritize needs of rural communities in the Infrastructure Investment and Jobs Act.
• Horizon Farm CreditcoreChannel Partner/ Reseller/ DistributorLocal Farm Credit association funding Farm Credit Foundation for Agricultural Advancement which awarded $457,000 in scholarships to 66 students in 2025. Territory spans 100 counties.
• State Farm Credit Associations (Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, etc.)coreChannel Partner/ Reseller/ DistributorNetwork of local Farm Credit associations across all 50 states and Puerto Rico serving agricultural producers, rural homebuyers, and rural infrastructure providers.
• MANRRS (Minorities in Agriculture, Natural Resources and Related Sciences)flagshipGTM or Marketing PartnerFarm Credit annually sponsors the MANRRS National Conference at the Titanium Level and sponsors 30 VIP Scholars to participate. Provides full day of programming focusing on leadership skills, interview preparation and networking. Students also receive academic scholarships.
• Farmer Veteran CoalitionflagshipStrategic or Co-development PartnerFarm Credit System proudly supports the Farmer Veteran Coalition, an organization dedicated to empowering veterans in agriculture. Through partnership with Farm Credit, provides financial assistance, educational opportunities, and mentorship programs for veterans. Co-administers Homegrown by Heroes marketing label with over 1,800 members.
• American Farm Bureau Federation (AFBF)flagshipGTM or Marketing PartnerFarm Credit partners with AFBF as premier sponsor of the Veteran Farmer Award of Excellence. Also supports Young Farmers & Ranchers Program targeting men and women between ages 18-35. Sponsors Ag Innovation Challenge.
• Sand County FoundationminorStrategic or Co-development PartnerFarm Credit supports Sand County Foundation's National Conservation Symposium and Land Ethic Mentorship Program helping farmers learn stewardship practices. Foundation advances voluntary conservation on working lands through ethics, science and incentives.
• Annie's ProjectflagshipStrategic or Co-development PartnerFarm Credit is a proud sponsor of Annie's Project, an organization dedicated to providing educational programs designed to strengthen women's roles in modern agricultural enterprises. Empowered over 19,000 women farmers, ranchers, growers, landowners and agriculturists.
• The Executive Program for Agricultural Producers (TEPAP)minorStrategic or Co-development PartnerFarm Credit supports this program bringing together farmers, ranchers and agribusiness professionals for advanced agribusiness topics. Sponsorship allows for attendance at reduced rate and has trained over 2,000 participants.
• Agriculture Future of America (AFA)flagshipStrategic or Co-development PartnerFarm Credit sponsors AFA's Leaders Conference, a career skills workshop and networking event for students interested in agribusiness careers, as well as AFA's Policy Institute teaching future industry leaders advocacy skills.
• FFA (National FFA Organization)flagshipStrategic or Co-development PartnerFarm Credit's support of FFA provides members across the country opportunity to participate in Supervised Agricultural Experience. Also sponsors FFA's New Century Farmers Conference and Washington Leadership Conference. FFA has chapters in all 50 states and Puerto Rico.
• National 4-H CouncilflagshipStrategic or Co-development PartnerFarm Credit sponsors the annual National 4-H Forestry Invitational held since 1980, covering cost of room and board for attendees. 4-H has reached over 6 million young people in its more than 100-year history.
• Holstein FoundationminorStrategic or Co-development PartnerFarm Credit is proud to sponsor the Holstein Foundation's Young Dairy Leaders Institute (YDLI), a premier leadership program designed for young dairy producers and professionals ages 22-45.
• Indigenous Food and Agriculture InitiativeminorStrategic or Co-development PartnerFarm Credit is a proud sponsor of the Initiative's Youth Summit, a week-long program allowing participants to dive into their interests and develop real-world solutions showcased through a capstone project.
• North American Intercollegiate Dairy ChallengeminorStrategic or Co-development PartnerFarm Credit is the premier sponsor for this series of competitions developing tomorrow's dairy industry leaders, providing financial support and volunteers and mentors.
• Progressive Agriculture FoundationflagshipStrategic or Co-development PartnerFarm Credit supports the Progressive Agriculture Safety Day program, recognized as the largest rural safety and health education program for children in North America. Reached over 2 million students across 45 states and 2 territories since 1995.
• National Ag in the ClassroomminorStrategic or Co-development PartnerFarm Credit sponsors the organization's Excellence in Teaching About Agriculture Award, recognizing teachers who effectively implement innovative agriculture concepts into their curriculum.
• Cultivating Change FoundationminorStrategic or Co-development PartnerFarm Credit is proud to sponsor the Cultivating Change Foundation whose mission is to value and elevate LGBTQ+ agriculturists through advocacy, education and community. Supports the annual Cultivating Change Summit.
• National Black Growers CouncilminorStrategic or Co-development PartnerFarm Credit partners with the National Black Growers Council and sponsors their Model Farm Series of agricultural tours for row crop growing members. Local Farm Credit chapters participate in Model Farm Field Days.
• Tribal Agriculture Fellowship ProgramminorStrategic or Co-development PartnerFarm Credit proudly supports the Tribal Agriculture Fellowship program which awards fellowships to Native American, Alaska Native and Native Hawaiian students pursuing degrees in agriculture.
• Farm State of Mind AllianceflagshipStrategic or Co-development PartnerFarm Credit is a proud member of the Farm State of Mind Alliance formed in response to lack of mental health resources in rural communities. Offers free resources to farmers and ranchers through Togetherall platform.
• American Farm Bureau Federation, National Farmers Union, Michigan State University Extension, University of Illinois ExtensionflagshipStrategic or Co-development PartnerFarm Credit partnered with these organizations to develop Rural Resilience, a free private online training course to assist farmers, their families and neighbors in coping with stress.
• AgriSafeminorStrategic or Co-development PartnerFarm Credit supports AgriSafe in training health practitioners through FarmResponse, a continuing education course on providing mental healthcare tailored to agricultural communities.
• AgPlan (Center for Farm Financial Management)minorStrategic or Co-development PartnerFarm Credit partners with AgPlan which provides customized templates, tips and resources to help farms and rural businesses develop business plans. Publicly available and has helped hundreds of thousands of businesses.
• MarketMakerminorStrategic or Co-development PartnerFarm Credit proudly supports MarketMaker's Innovation Award recognizing innovative applications of the platform connecting producers to markets. Also supports the national network connecting farmers with food retailers and consumers.
• American Farmland TrustminorStrategic or Co-development PartnerFarm Credit partners with American Farmland Trust which manages the Farmland Information Center clearinghouse of information for beginning farmers and ranchers seeking access to land and capital.
• U.S. Department of Agriculture (USDA)flagshipStrategic or Co-development PartnerFarm Credit partners with USDA providing resources for new farmers through Newfarmers.usda.gov, USDA's one-stop shop for new farmers, women in agriculture, farmer veterans and young people interested in agriculture careers.
• United Electric CooperativeminorStrategic or Co-development PartnerCoBank partners with United Electric Cooperative dedicated to bringing broadband internet to rural communities in Missouri, supporting local schools, farms, healthcare providers and rural businesses.
• American Red CrossminorStrategic or Co-development PartnerFarm Credit institutions joined forces in contributing hundreds of thousands to American Red Cross relief efforts following Hurricane Ian in 2022.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• CoBank: One of four Farm Credit System wholesale banks, CoBank provides direct loans to farmer-owned cooperatives, agribusinesses, and rural infrastructure providers. It is a core operating subsidiary but functions as the most direct large-scale peer within the Farm Credit System in agribusiness and export finance.
• Farm Credit Bank of Texas: Farm Credit Bank of Texas is the fourth Farm Credit System wholesale bank, with a $42.2B wholesale loan portfolio financing agriculture and rural America across the southern U.S. It is a direct institutional peer in agricultural wholesale lending.
• Compeer Financial: Compeer Financial is a Farm Credit System association serving Illinois, Minnesota, and Wisconsin, providing loans, leases, and financial services to farmers, rural homebuyers, and agribusinesses. As a direct peer within the broader Farm Credit network, it offers comparable products to similar customers.
• American AgCredit: American AgCredit is one of the largest Farm Credit System associations, serving California, Nevada, Kansas, Oklahoma, and parts of other states. It is a direct peer institution offering farm loans, rural real estate, and agribusiness financing to similar producer customers.
• AgriBank: AgriBank is one of four Farm Credit System wholesale banks funding Farm Credit associations across a 15-state region from Wyoming to Ohio. It is a core operating entity that is functionally a peer in agricultural wholesale lending and funding.
• AgFirst Farm Credit Bank: AgFirst is one of four Farm Credit System wholesale banks, serving agricultural producers and rural homebuyers in the Eastern U.S. It operates as a functionally comparable wholesale lender and is a direct sibling institution within the Farm Credit network.

Broad incumbents

• Farm Service Agency (USDA): The USDA's Farm Service Agency is a federal direct lender providing credit to farmers who cannot obtain credit elsewhere. It is a comparable government-affiliated agricultural lender with overlapping customer segments in beginning and small farmers.
• Rabobank: Rabobank is a global food and agribusiness bank with significant U.S. agricultural lending operations. It is comparable in serving large agribusinesses, cooperatives, and food producers, especially in export and trade finance where CoBank's export division competes.
• John Deere Financial (Deere & Company): John Deere Financial provides equipment financing and leasing to agricultural producers, overlapping with Farm Credit's equipment and facility financing products. It is a major non-bank agricultural lender serving similar producer customers through dealer channels.
• MetLife Agricultural Investments: MetLife's Agricultural Investments group is a major institutional lender to U.S. agriculture, providing agricultural real estate loans to farmers and agribusinesses. It is comparable as a large-scale non-cooperative agricultural lender with overlapping rural real estate finance products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/farmcredit
• YouTubeyoutube.com/channel/UCiVOnZiMp1RfWc8oInIrpvw
• Facebookfacebook.com/FarmCredit
• LinkedInlinkedin.com/company/farm-credit-council
• Instagraminstagram.com/farmcredit

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Farm Credit