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Co-op financing banks ? Name some
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garvo
Posted 2/22/2025 08:46 (#11117120 - in reply to #11117058)
Subject: RE: Co-op financing banks ? Name some


western iowa,by Denison
coup - 2/22/2025 08:11

Keep on Truckin - 2/21/2025 22:27

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://assets.fcsamerica.com/m/528e8f949f9ebdae/original/2023-FCSAmerica-Annual-Report.pdf

Looks to me like Farm Credit Services of America has an income of 799 Mil for 2023.

Don't know about all local Farm Credits , but the one for my area in ILL has been paying back cash dividend on 50% of profit. There are a lot of rural banks that are S Corps that do not pay income tax as profit is passed through to shareholders and the stock holder pays the income tax.


It's amazing who sits on those small banks,quietly going about there day to day business with a stream of income off the s corp-kind of a tight club that rarely you get to buy in as a shareholder, making 10% return look like child play.
Farm Credit at least is somewhat transparent, need we bring up when rabo tried to buy them out
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