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To finance its growing capital needs, the electric cooperative
program began in the mid-1960s to seek alternative financing
sources to supplement the lending programs of the Rural
Electrification Administration (REA), which later became
the Rural Utilities Service (RUS).
In 1967, the National Rural Electric Cooperative
Association (NRECA) proposed the creation of a not-for-profit
financing
institution that would be cooperatively owned by the rural
electric cooperative network. NRECA members approved this
plan and CFC was incorporated on April 10, 1969.
CFC celebrates its 40th anniversary in 2009. Learn about CFC's history of financing innovation for America's electric cooperatives and how CFC is building for the future.
40 Years of Innovation: A Timeline (special Solutions insert)
| Available Videos |
Modem |
Broadband |
File Type / Length |
CFC’s Industry Contacts: Getting the Job Done
Fred Hubbard, CEO, Choptank EC, Denton, MD |
VIEW |
VIEW |
Windows Media: 2:10 |
Timeliness and Dependability: Always There When We Need Them
Fred Anderson, CEO, New Hampshire EC, Plymouth, NH |
VIEW |
VIEW |
Windows Media: 2:20 |
Member Oriented: Helping Weather the Storm
Gene Smith, CEO, CHELCO, DeFuniak Springs, FL |
VIEW |
VIEW |
Windows Media: 2:30 |
Working Together: A Partner From Day One
Ron Sheets, CEO, Kentucky Association of Electric Cooperatives, Louisville, KY |
VIEW |
VIEW |
Windows Media
3:27 |
Our Own Finance Cooperative: Always There For Us
Allegra Brigham, CEO, Four County Electric Power Assn, Columbus,MS |
VIEW |
VIEW |
Windows Media 4:20 |
Dependable Financing: Making a Difference
Tony Ahern, CEO, Buckeye Power and Ohio REC, Columbus, OH |
VIEW |
VIEW |
Windows Media 3:14 |
CFC’s Integrity: A Benchmark for All Lender
Martin Hillert, CEO, Adams-Columbia EC,
Friendship, WI |
VIEW |
VIEW |
Windows Media 2:58 |
View past video tributes.
The following
video clips showcase various aspects of CFC’s
history.
| Available Videos |
Modem |
Broadband |
File Type / Length |
| The CFC Story—How
America’s Rural Electric Cooperatives Introduced Wall
Street to Main Street |
VIEW |
VIEW |
Windows Media
17:00 |
| A Tribute to J.K.
Smith—Cooperative Leader for the Ages. A special
video presentation honoring CFC's first governor and CEO, J.K.Smith. |
Not Available |
VIEW |
Windows Media 9:50 |
| Meet Charles B. Gill, CFC’s Second Governor and CEO. A special
video presentation honoring Mr. Gill’s induction into
the Cooperative Hall of Fame |
VIEW |
VIEW |
Windows Media
7:00 |
| Interview and Historical
Perspective from Vincent Slatt, CFC’s First President |
VIEW |
VIEW |
Windows Media
3:00 |
|
