CoBank Again Named To "World's 50 Safest Banks" List By Global Finance Magazine

DENVER, Aug. 28, 2013 /PRNewswire/ -- CoBank, a leading cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, has  been named to Global Finance magazine's list of the world's safest banks for a third consecutive year.

Global Finance, which covers the financial services industry, publishes the "World's 50 Safest Banks" list annually. Banks are ranked using a methodology that includes total assets and an evaluation of long-term ratings from major rating agencies. CoBank was first named to the list in 2011.

"Financial strength is an important part of the value we offer our customers, who look to CoBank to provide credit and financial services in all market conditions," said Robert B. Engel, CoBank's chief executive officer. "We're very pleased to have once again earned this distinction, which underscores our continued focus on dependability and on managing the bank for the long-term."

The ranking will be published in the October issue of Global Finance. Further information is available at the magazine's web site at www.gfmag.com.

About CoBank

CoBank is a $93 billion cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 70,000 farmers, ranchers and other rural borrowers in 23 states around the country.

CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture and the nation's rural economy.

Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

For more information about CoBank, visit the bank's web site at www.cobank.com.

SOURCE CoBank

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