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AgriBank Named Safest Bank in the United States by Global Finance
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Third consecutive year on the list of “World’s 50 Safest Banks”


AgriBank Named Safest Bank in the United States by Global Finance

 
AgriBank, the St. Paul-based Farm Credit Bank, has been named the safest bank in the United States by Global Finance magazine, and earned a place on its "World's 50 Safest Banks" list for the third consecutive year.

 
“We value this recognition, because financial strength and safety enable us to fulfill Farm Credit’s mission to support rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow,” said Bill York, AgriBank CEO. “Customers depend on Farm Credit to provide the capital they need to be successful.  And because a steady flow of credit means more jobs and economic growth, our financial soundness contributes to the vibrancy of communities throughout rural America.”
 
The financial services industry magazine names the World's 50 Safest Banks annually, and last year named AgriBank the second safest bank in the United States. The ranking methodology includes total assets and an evaluation of long-term ratings from major rating agencies. AgriBank is one of three Farm Credit Banks to make this year’s list.
 
The full results of the survey will be published in the November issue of Global Finance. The safest banks will be presented awards at a special ceremony to be held during the Annual Meetings of the IMF and World Bank in Lima, Peru on Oct. 10.
 

For more information, visit the magazine's website at http://www.gfmag.com.
 
About AgriBank
AgriBank is one of the largest banks within the national Farm Credit System, with more than $90 billion in total assets. Under the Farm Credit System’s cooperative structure, AgriBank is primarily owned by 17 affiliated Farm Credit Associations. The AgriBank District covers America’s Midwest, a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas. About half of the nation’s cropland is located within the AgriBank District, providing the Bank and its Association owners with expertise in production agriculture. For more information, visit www.AgriBank.com.