CoBank to Launch 2024 Sharing Success Program on April 1
$5 million fund matches customer donations to charities across rural America
DENVER (March 12) – CoBank, a cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit customers, announced the launch of its annual Sharing Success program. The $5 million fund is a cornerstone of CoBank’s corporate citizenship efforts, matching donations by the bank’s customers to nonprofit organizations in their communities.
CoBank established Sharing Success in 2012. Since then, the bank and its customers have together contributed nearly $86 million to groups such as volunteer fire departments, local schools and hunger relief programs.
“Every donation made by our customers – large and small – contributes directly to the growth and vibrancy of America’s rural communities,” said Tom Halverson, president and chief executive officer of CoBank. “Sharing Success allows CoBank to double these donations and double our customers’ impact. It’s a collaboration that gets right to the heart of CoBank’s mission and embodies the cooperative spirit. It’s a privilege to partner with our customers in this way and we look forward to the continued success of the program.”
The 2024 Sharing Success program launches Monday, April 1. Customers already registered for Sharing Success can log into their existing CoBank.com account to access the application. Those not yet registered will need to complete a brief registration. Once submitted, the customer will receive a verification code via email that will allow them to complete the registration process and begin submitting applications. Each customer may apply for up to four matching grants, the total of which cannot exceed $10,000.
Sharing Success will run through September 30 or the point at which the $5 million fund is exhausted. Customers interested in participating should contact their CoBank relationship manager or visit the Sharing Success program page for additional information. The electronic application will be available on April 1 on CoBank.com.
About CoBank
CoBank is a 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 77,000 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, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.