National Rural Utilities Cooperative Finance Corporation

New study reveals Minnesota electric cooperatives contribute nearly $20 billion to the state’s economy

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Tuesday, October 31, 2023

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“This study’s findings underscore the indispensable role electric cooperatives play in our state's economic vitality,” Darrick Moe, CEO of the Minnesota Rural Electric Association, said.

Key Points:

“This study’s findings underscore the indispensable role electric cooperatives play in our state's economic vitality,” Darrick Moe, CEO of the Minnesota Rural Electric Association, said.
The analysis found electric cooperatives support nearly 623,000 jobs in the United States with $51 billion in pay and benefits each year.
Some highlights of the Minnesota Cooperatives economic impact analysis include:
The study also determined that across the nation, electric cooperatives bring about $75 billion in value annually to their local counties in which they serve.
The Minnesota Rural Electric Association (MREA) is a nonprofit trade association serving Minnesota’s electric cooperatives.

CFC to Host Conference Call on Fiscal Year 2024 First-Quarter Financial Results

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Thursday, October 12, 2023

CFC, Webcast, 10-Q, Electric Bond and Share Company v. Securities and Exchange Commission, National Rural Utilities Cooperative Finance Corporation, PDF, Broadcasting

CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2024 first-quarter financial results.

Key Points:

CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2024 first-quarter financial results.
There are two ways to access the event:
Visit CFC’s investor Webcasts & Presentations page to join the webcast.
Callers also can view a PDF of the slide presentation by visiting Webcasts & Presentations page on the day of the call.
A replay of the webcast will be available on the Webcasts & Presentations page after the event.

Electric Co-ops Support Nearly 623,000 Jobs, Contribute $111 Billion to U.S. GDP Annually, Report Finds

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Tuesday, October 10, 2023

CFC, National Rural Electric Cooperative Association, NRUCFC, GDP, Cooperative, Economic development, Electricity, National Rural Utilities Cooperative Finance Corporation, Incubator, Gross domestic product, Poverty, Maintenance, NRECA, Economy, Economic impact analysis, Video game, Public utility, Renewable energy

Many of these impacts occur within the local communities served by co-ops, including 424,000 jobs and $75 billion annually in GDP.

Key Points:

Many of these impacts occur within the local communities served by co-ops, including 424,000 jobs and $75 billion annually in GDP.
Yet these activities also have far-reaching impacts across the country—even in areas where co-ops do not serve consumers directly.
Electric co-ops are focused on the long-term success of local communities as they keep the lights on and power economic growth."
The study finds that cooperatives contributed $1.1 trillion in total U.S. sales output and $257 billion in labor income over the five-year period.

CFC To Host Conference Call on Fiscal Year 2023 Financial Results

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Thursday, August 3, 2023

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DULLES, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 9, at 1 p.m. Eastern Time.

Key Points:

DULLES, Va., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 9, at 1 p.m. Eastern Time.
CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2023 financial results.
There are two ways to access the event:
Visit CFC’s investor Webcasts & Presentations page to join the webcast.
CFC’s Form 10-K for the period ended May 31, 2023, was filed with the U.S. Securities and Exchange Commission (SEC) on August 2.

MyTRA Consulting to Share Expertise at Fiber Connect 2023

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Tuesday, June 27, 2023

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ANDERSON, Ind., June 27, 2023 /PRNewswire-PRWeb/ -- myTRA Consulting announced that it has been accepted to speak at the Fiber Broadband Association's Fiber Connect 2023, held August 20-23, 2023, at the Gaylord Palms Resort & Convention Center in Orlando, Fla. myTRA Consulting will offer thought leadership on creating coalitions with Utility and Telecommunication providers to move fiber forward.

Key Points:

myTRA Consulting announced that it has been accepted to speak at the Fiber Broadband Association's Fiber Connect 2023, held August 20-23, 2023, at the Gaylord Palms Resort & Convention Center in Orlando, Fla. myTRA Consulting will offer thought leadership on creating coalitions with Utility and Telecommunication providers to move fiber forward.
ANDERSON, Ind., June 27, 2023 /PRNewswire-PRWeb/ -- myTRA Consulting announced that it has been accepted to speak at the Fiber Broadband Association's Fiber Connect 2023 , held August 20-23, 2023, at the Gaylord Palms Resort & Convention Center in Orlando, Fla. myTRA Consulting will offer thought leadership on creating coalitions with Utility and Telecommunication providers to move fiber forward.
Fiber Connect 2023 will explore "What Fiber Disrupts Next" and how fiber broadband serves as the enabling infrastructure to disrupt any market, including gaming, streaming entertainment, Internet of Things, precision agriculture, healthcare, machine learning, and augmented reality.
Together, they can bridge the digital divide and create a more inclusive and connected future," said Zehner, managing partner of myTRA Consulting.

CFC’s Initial 2022 Key Ratio Trend Analysis Results Demonstrate Cooperatives’ Resiliency

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Friday, June 16, 2023

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DULLES, Va., June 16, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2022 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide.

Key Points:

DULLES, Va., June 16, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2022 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide.
The results show electric cooperatives continue their growth across many metrics, including consumers, sales and utility plant investment, and have maintained strong financial metrics.
Investment in utility plant also sustained its five-year growth trend, as demonstrated by an increase in the total utility plant ratio, which grew by 8.16% in 2022 compared with 3.95% in 2021.
Preliminary KRTA results are based on data submitted by 801 electric distribution cooperatives for the year ending Dec. 31, 2022.

CFC To Host Conference Call on Fiscal Year 2023 Third-Quarter Financial Results

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Thursday, April 13, 2023

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DULLES, Va., April 13, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast Tuesday, April 18, at 10 a.m. Eastern Time.

Key Points:

DULLES, Va., April 13, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast Tuesday, April 18, at 10 a.m. Eastern Time.
CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2023 third-quarter financial results.
There are two ways to access the event:
Visit CFC’s investor Webcasts & Presentations page to join the webcast.
CFC’s Form 10-Q for the period ending February 28, 2023, was filed with the U.S. Securities and Exchange Commission yesterday, April 12.

CFC To Host Conference Call on Fiscal Year 2023 Second-Quarter Financial Results

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Friday, January 13, 2023

10-Q, National Rural Utilities Cooperative Finance Corporation, Webcast, CFC, PDF, Bangladesh Securities and Exchange Commission, Broadcasting

DULLES, Va., Jan. 13, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, January 18, at 11 a.m. Eastern Time.

Key Points:

DULLES, Va., Jan. 13, 2023 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, January 18, at 11 a.m. Eastern Time.
CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2023 second-quarter financial results.
There are two ways to access the event:
Visit CFC’s investor Webcasts & Presentations page to join the webcast.
Callers also can view a PDF of the slide presentation by visiting the Webcasts & Presentations page on the day of the call.

CFC To Host Conference Call on Fiscal Year 2023 First-Quarter Financial Results

Retrieved on:

Monday, October 17, 2022

National Rural Utilities Cooperative Finance Corporation, GLOBE, Electric Bond and Share Company v. Securities and Exchange Commission, CFC, Webcast, PDF, U.S. Securities and Exchange Commission, 10-Q, Broadcasting

CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFCsfiscal year 2023 first-quarter financial results.

Key Points:

CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFCsfiscal year 2023 first-quarter financial results.
There are two ways to access the event:
Visit CFCs investor Webcasts & Presentations page to join the webcast.
Callers also can view a PDF of the slide presentation by visiting Webcasts & Presentations page on the day of the call.
CFCs Form 10-Q for the period ended August 31, 2022, was filed with the U.S. Securities and Exchange Commission on October 13.

CFC Issues Second Sustainability Bond to Support Electric Cooperatives

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Thursday, August 18, 2022

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DULLES, Va., Aug. 18, 2022 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has announced the successful issuance of its second Sustainability Bond.

Key Points:

DULLES, Va., Aug. 18, 2022 (GLOBE NEWSWIRE) -- The National Rural Utilities Cooperative Finance Corporation (CFC) has announced the successful issuance of its second Sustainability Bond.
Under CFCs Sustainability Bond Framework, the company can use the proceeds to finance electric cooperatives broadband and renewable projects that can make the most positive social and environmental impact in their communities.
CFCs $400,000,000 Sustainability Bond has a 10-year term and a 4.15 percent annual coupon.
We are pleased to issue a second bond that will support the electric cooperative network and the communities it serves.