Company Overview of Cobank Acb
CoBank, ACB, a co-operative bank, provides loans, leases, and other financial services in the United States. The company operates in three segments: Agribusiness, Strategic Relationships, and Rural Infrastructure. It offers loans to finance current or seasonal assets, inventories, accounts receivable, commodities, and other short-term loans; and for the construction of new facilities, remodeling or expanding existing facilities, purchase of land or equipment, mergers and acquisitions, long-term assets, and working capital, as well as offers refinanced loans and pension prepayment loan programs. The company also provides leasing solutions for transportation vehicles, such as pickups, vans, an...
6340 South Fiddlers Green Circle
Greenwood Village, CO 80111
Founded in 1916
Key Executives for Cobank Acb
Chief Executive Officer and Member of Asset & Liability Committee
President, Member of Asset & Liability Committee, Member of Loan Committee and Member of Country Risk Committee
Chief Financial Officer and Chairman of Asset & Liability Committee
Chief Operating Officer and Vice Chairman of Asset & Liability Committee
Southern Region President of Regional Agribusiness Banking Group
Compensation as of Fiscal Year 2015.
Cobank Acb Key Developments
CoBank ACB Appoints Brian Cavey as New Senior Vice President of Government Affairs
Jan 15 16
CoBank ACB announced that Brian Cavey was appointed as the bank's new senior vice president of government affairs. Cavey currently serves as vice president of legislative affairs for the National Rural Electric Cooperative Association.
Cobank Acb Presents at Infocast's 8th Annual Projects & Money 2016, Jan-21-2016 01:30 PM
Dec 22 15
Cobank Acb Presents at Infocast's 8th Annual Projects & Money 2016, Jan-21-2016 01:30 PM. Venue: Harrah's New Orleans Hotel, New Orleans, Louisiana, United States. Speakers: Brian Goldstein, Sector Vice President of Project Finance Group.
Cobank Acb Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Aug 3 15
Cobank Acb reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, net interest income for the second quarter was $309.4 million compared to $311.4 million in the same period last year. Net income was $232 million compared to $233 million in the same period last year.
For the first six months of 2015, net interest income was $624.6 million, compared to $620.3 million in the prior-year period. The impact of higher average loan volume on net interest income was offset by spread compression in the bank's loan and investment portfolios as well as a reduction in the amount of income from net accretion of asset and liability fair value adjustments resulting from the application of business combination accounting standards in connection with the bank's 2012 merger with U.S. AgBank. Net income was $465 million compared to $464 million in the same period last year.
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