Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm Programming Radio Oklahoma Network  |  7401 N. Kelley Ave. Oklahoma City, OK 73111  |  (405) 841-3675  |  Fax: (405) 841-3674

advertisements
   
   
   
   
   
   
   
   

Agricultural News


CoBank Commits More Than $350,000 to Hurricane Harvey And Hurricane Irma Relief Efforts

Tue, 12 Sep 2017 14:41:47 CDT

CoBank Commits More Than $350,000 to Hurricane Harvey And Hurricane Irma Relief Efforts CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, today announced it has committed more than $350,000 to support relief efforts for Hurricane Harvey in Texas and Hurricane Irma in Florida and the Southeast. CoBank's contributions are being made in partnership with customers, CoBank employees and other Farm Credit institutions and will support a number of organizations involved in the humanitarian response to the hurricanes.


"It is difficult to grasp the full scope of damage caused by these two devastating hurricanes," said Tom Halverson, CoBank's president and chief executive officer. "The impact of these disasters will be felt for a long time, but CoBank is committed to supporting our customers, our colleagues and our Farm Credit partners as they begin the process of recovery. CoBank stands with people in impacted communities and is proud to provide a helping hand at this difficult time."


CoBank's hurricane relief contributions include:


- $230,000 to the American Red Cross


The bank has made an immediate corporate contribution of $200,000 to the American Red Cross to support the most urgent needs for food, water and shelter in hurricane-ravaged areas. In addition, CoBank has also committed to match employee contributions to the Red Cross on a dollar-for-dollar basis, which has generated an additional $30,000 in corporate support.


- $25,000 to the Texas Farm Bureau Foundation


CoBank and the Farm Credit Bank of Texas have jointly committed $50,000 to the Texas Farm Bureau Foundation's Hurricane Harvey relief fund. The fund will benefit farmers and ranchers whose homes and livelihoods have been impacted by the disaster.


- $50,000 to the Texas Electric Cooperatives Harvey Disaster Relief Fund


CoBank has committed $50,000 to a fund established by the Texas Electric Cooperatives, the statewide association for rural electric cooperatives across the state. The TEC Harvey Disaster Relief Fund will benefit the employees of Texas' many electric cooperatives whose own homes have been damaged or destroyed due to the hurricane.


- $50,000 to the Farm Credit System Employee Relief Fund


CoBank has committed $50,000 to a relief fund established by the Farm Credit System to support its own employees in times of disaster. Hurricane Harvey damaged or destroyed the homes of a number of Farm Credit employees and the bank's contribution to the Farm Credit System Employee Relief Fund will support our colleagues who have been impacted by Hurricanes Harvey, Irma and other natural disasters.


"CoBank remains in contact with our customers and will make additional contributions as needs and opportunities are identified in Florida and other impacted communities," Halverson said. "In addition, CoBank is standing by to provide our customers in impacted areas with access to credit they may need in the months ahead. As a mission-based lender, we want to do everything we can to help our customers and the communities they serve to recover, rebuild and move forward."


Source - CoBank



   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Wednesday Afternoon Market Wrap-Up with Carson Horn  Wed, 22 Nov 2017 14:02:29 CST
  • Soil & Crop Nutritionist Brian Arnall Helps Farmers Squeeze Profit Margins by Protecting Soil Nutrients  Wed, 22 Nov 2017 12:30:57 CST
  • Temporary Waiver on Looming ELD Mandate Buying NCBA Time to Negotiate Long-Term Exemption  Wed, 22 Nov 2017 11:57:48 CST
  • Oklahoma National Stockyards - Oklahoma City - Close  Wed, 22 Nov 2017 08:52:54 CST
  • Joplin Regional Stockyards - Close  Wed, 22 Nov 2017 08:51:28 CST
  • Wednesday Preopening Market Update with Dave Lanning  Wed, 22 Nov 2017 07:06:37 CST
  • This Week on SUNUP - Kim Anderson Cautions Farmers About the Siren Song of Growing Cotton  Tue, 21 Nov 2017 16:26:40 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Tuesday, November 21, 2017  Tue, 21 Nov 2017 14:29:53 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Livestock Exchange Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show Stillwater Milling American Farmers & Ranchers KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com


       
       
    © 2008-2017 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup

    WebReady powered by WireReady® NSI