navigation search national rural utilities cooperative finance corporation cfc type cooperative industry financial services electric utilities founded 1969 headquarters dulles virginia usa products loans investments number of employees 232 2015 website www.nrucfc.coop the national rural utilities cooperative finance corporation cfc is a member owned nonprofit cooperative that provides financial products to america s rural electric cooperative network . 1 cfc was established in 1969 to raise funds from the capital markets to supplement the loan programs for electric cooperatives offered by the u.s. department of agriculture s usda rural utilities service rus previously rural electrification administration rea . while cfc is not a government sponsored enterprise gse it along with its telephone affiliate rtfc has forged an effective public private partnership with rus . this partnership enables cfc s utility borrowers to access an array of financing options including those provided by the federal government . 2 together cfc and its affiliates the national cooperative services corporation ncsc and the rural telephone finance cooperative rtfc provide financing to 1 460 member organizations and affiliates in 49 states the district of columbia and two territories . rural electric systems serve 12 percent of all consumers of electricity in the united states and its territories 1 account for approximately 10 percent of total sales of electricity 3 and own about 5 percent of electric generation capacity . 3 at the end of fy2015 may 31 2015 cfc s total loans outstanding were 21.5 billion and its owners had 4 billion invested in cfc securities . about 98 percent of cfc s loan portfolio was with electric borrowers and 2 percent was with the telecommunications sector . 1 contents 1 organizational structure 2 stock symbols 3 affiliate organizations 4 references 5 external links organizational structure edit overall policy for cfc is set by a 23 member board of directors representing 10 geographic districts and the national rural electric cooperative association nreca the network s national trade association and one at large member who serves as the audit committee financial expert . 4 cfc s board is democratically elected and consists of both cooperative utility directors and managers . cfc operates from its corporate headquarters in dulles virginia with a staff of 232 employees including regional representatives located throughout the country . 4 stock symbols edit cooperative finance corporation nrucfc is traded on the new york stock exchange . the company s symbols are nru and nrc . affiliate organizations edit cfc manages and funds the rural telephone finance cooperative rtfc 5 an organization that provides financing to the rural telecommunications industry . cfc also manages and funds the national cooperative services corporation ncsc 6 an organization that provides electric cooperatives with specialized financing services that supplement the financial services of cfc . references edit a b c 1 finance new issues ; arkansas electric sells 147.7 million of bonds . the new york times . 12 july 1985 . a b electric cooperatives and energy efficiency a snapshot a b about cooperative finance corporation how we operate rural telephone finance cooperative our affiliate cooperative finance corporation 2 national cooperative services corporation about ncsc external links edit national rural utilities cooperative finance corporation cfc fiscal year 2015 cfc annual report retrieved from https en.wikipedia.org w index.php title national rural utilities cooperative finance corporation & oldid 698223371 categories electric cooperatives of the united statesorganizations established in 1969 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 4 january 2016 at 19 39 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view