Cooperative Finance Corporation (CFC)

Cooperative Finance Corporation (CFC) The National Rural Utilities Cooperative Finance Corporation (CFC) is a nonprofit finance cooperative created and owned by America's electric cooperative network.

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Delegates cast their ballots for candidates at the CFC Districts 1 & 4 Meeting this morning in Columbus, Ohio. District ...
09/06/2018

Delegates cast their ballots for candidates at the CFC Districts 1 & 4 Meeting this morning in Columbus, Ohio. District 1 tellers Nelle Hotchkiss (North Carolina Association of Electric Cooperatives) and Steve Brame (Pennsylvania Rural Electric Association) tally the votes for the CFC District 1 director seat that will open in March 2019. Delegates elected newcomer Thomas Bailey, board president of Vermont Electric Cooperative, Inc., to a three-year term.

CFC CEO Sheldon Petersen and NRECA CEO Jim Matheson co-hosted a CEO breakfast at the Regions 1 & 4 Meeting this morning ...
09/06/2018

CFC CEO Sheldon Petersen and NRECA CEO Jim Matheson co-hosted a CEO breakfast at the Regions 1 & 4 Meeting this morning in Columbus, Ohio.

CFC mourns the loss of Executive Vice President and Chief Operating Officer John Evans who passed away September 2 after...
09/05/2018

CFC mourns the loss of Executive Vice President and Chief Operating Officer John Evans who passed away September 2 after a two-year health battle.

“John had his finger on the pulse of CFC, keeping our office and employees running efficiently with his leadership, wisdom, warmth and patience,” says CFC CEO Sheldon C. Petersen. “I’ve worked with no finer colleague. He leaves behind an inspiring legacy and profound respect from those he touched. John’s wife Louise and daughter Meghaan are in our thoughts and prayers right now.”

A service celebrating John’s life will be held at a future date.

CFC is happy to welcome Brian Stagen and Alison Deelstra as new regional vice presidents. Brian will be working with mem...
08/29/2018

CFC is happy to welcome Brian Stagen and Alison Deelstra as new regional vice presidents. Brian will be working with members in Illinois, Michigan and northern Indiana while Alison will be in northern Minnesota and North Dakota.

In preparation for its overall Digital Workplace upgrades, this week CFC was able to donate 200 keyboards and 150 comput...
08/17/2018

In preparation for its overall Digital Workplace upgrades, this week CFC was able to donate 200 keyboards and 150 computer mice to Northern Virginia Family Service (NVFS) for use with its training programs that help create better futures for local residents.

The Family of Companies (FOC) Ensemble—a vocal quartet featuring employees and spouses from Georgia System Operations ...
08/02/2018

The Family of Companies (FOC) Ensemble—a vocal quartet featuring employees and spouses from Georgia System Operations Corporation (GSOC) and Oglethorpe Power Corporation (G&T), both based in Tucker, Georgia—kicked off the CFC Board of Directors meeting on July 24. Pictured, front row from left, are Dewaine Johnson, FOC music director and spouse of Dawn Johnson, GSOC business information and continuity specialist; CFC Board President Harry Park of Georgia; and choir members Deniece Yarbrough, Oglethorpe Power senior executive assistant, Belinda Kelly, GSOC IT project manager, and George Taylor Jr., Oglethorpe Power deputy general counsel. Back row: CFC Senior Executive, Corporate Administration Sarah DeShazior and CFC CEO Sheldon C. Petersen and wife Donita.

CFC Regional Vice President Katrice Simpson and Associate Vice President Ann Shankroff toured the Freedom Mine, a lignit...
08/01/2018

CFC Regional Vice President Katrice Simpson and Associate Vice President Ann Shankroff toured the Freedom Mine, a lignite coal mine, in North Dakota and the Dakota Gasification Company’s (a subsidiary of Basin Electric Power Cooperative) Great Plains Synfuels Plant.

While attending the 80th Annual Meeting for Egyptian Electric Cooperative Association (Murphysboro, Illinois), Vice Pres...
07/31/2018

While attending the 80th Annual Meeting for Egyptian Electric Cooperative Association (Murphysboro, Illinois), Vice President of Strategic Facilitation Aaron Stallings and Regional Vice President Sarah Bullock got a birds-eye view from a bucket truck. Stallings, left, is riding alongside Foreman Mike Chamness.

CFC Regional Vice President Jim Meiers, second from right, presents $22,800 in combined CFC Educational Fund and NCSC Co...
07/25/2018

CFC Regional Vice President Jim Meiers, second from right, presents $22,800 in combined CFC Educational Fund and NCSC Cooperative Youth Education Grant Program checks to Richard Johnstone, president and CEO of the Virginia, Maryland and Delaware Association of Electric Cooperatives (VMDAEC), during the statewide’s recent annual meeting. Joining in the presentation are John Lee, left, president and CEO of Chase City, Virginia-based Mecklenburg Electric Cooperative and NCSC board vice president, and Kent Farmer, president and CEO of Rappahannock Electric Cooperative in Fredericksburg, Virginia, and CFC board vice president.

Members of the NRECA Youth Leadership Council (YLC) visited CFC offices in Dulles, Virginia, on July 17 as part of their...
07/19/2018

Members of the NRECA Youth Leadership Council (YLC) visited CFC offices in Dulles, Virginia, on July 17 as part of their introduction to electric cooperative financing. Made up of one outstanding Rural Electric Youth Tour student selected from each state, YLC attendees are given hands-on opportunities to develop leadership and presentation skills, broaden their understanding of electric cooperatives, and participate in resolutions and grassroots advocacy activities during the NRECA Annual Meeting.

CFC staff volunteers packed 266 snack bags from employee donations for the Northern Virginia Family Service (NVFS) Hunge...
07/18/2018

CFC staff volunteers packed 266 snack bags from employee donations for the Northern Virginia Family Service (NVFS) Hunger Resource Center. This special drive supports local children who have fewer nutritional resources available to them over the summer.

On a recent visit to Barron Electric Cooperative (Barron, Wisconsin), Regional Vice President Sarah Bullock had the oppo...
07/18/2018

On a recent visit to Barron Electric Cooperative (Barron, Wisconsin), Regional Vice President Sarah Bullock had the opportunity to test drive Barron's all-electric Chevy Bolt. The cooperative installed electric vehicle charging stations at their offices in Barron and Spooner and are offering a free charging station to members purchasing an electric vehicle.

CFC SVP of Strategic Services Steve Kettler visited the heartland this week, with members of Kansas Electric Cooperative...
07/12/2018

CFC SVP of Strategic Services Steve Kettler visited the heartland this week, with members of Kansas Electric Cooperatives, Inc. (statewide) at a workshop in Wichita. Check the CFC website or contact your RVP for upcoming financial and other workshops in your state.

CFC Regional Vice President Jim Meiers enjoyed hanging out with Butch, the new mascot for BARC Electric Cooperative's br...
06/19/2018

CFC Regional Vice President Jim Meiers enjoyed hanging out with Butch, the new mascot for BARC Electric Cooperative's broadband subsidiary, BARC Connects.

Meet Butch! BARC’s official mascot makes his debut with CFC Regional VP Jim Meiers. Be on the lookout...Butch is always looking for a photo opportunity in the community. #fiber2home #electricservice #rural #community #memberdriven

Congratulations to CFC Regional Vice President Jim Meiers who was honored by the Northeast Association of Electric Coope...
05/30/2018

Congratulations to CFC Regional Vice President Jim Meiers who was honored by the Northeast Association of Electric Cooperatives (NEAEC) on May 24 when he was presented with the organization's Aiken Award that recognizes the eminent service of those who demonstrate their commitment to cooperative values and rural communities. Jim is pictured with Millie Faulkner of Delaware County Electric Cooperative in New York who nominated him for the award.

Happy to welcome John Francisco as a new CFC regional vice president for Alaska, Hawaii, Oregon, Washington and one syst...
05/23/2018

Happy to welcome John Francisco as a new CFC regional vice president for Alaska, Hawaii, Oregon, Washington and one system in Wyoming. He brings more than two decades of experience with Inland Power & Light Company, based in Spokane, Washington to the post.

Staff from New Hampshire Electric Cooperative (NHEC) spent a day working with CFC staff on financial forecasting and oth...
04/24/2018

Staff from New Hampshire Electric Cooperative (NHEC) spent a day working with CFC staff on financial forecasting and other value-added services. Pictured, from left, are Marcelo Moraes and Bettina Kimmel with CFC's Strategic Services Group; NHEC CFO Brenda Inman; NHEC Financial Services Supervisor Autumn Doan; and CFC Regional Vice President Jim Meiers.

Happy to welcome Sarah Bullock as a new CFC regional vice president for Wisconsin and southern Minnesota. She brings mor...
04/19/2018

Happy to welcome Sarah Bullock as a new CFC regional vice president for Wisconsin and southern Minnesota. She brings more than a decade of experience with three electric cooperatives to the post.

Thank you to the staff at Rappahannock Electric Cooperative for giving new CFC and NRECA employees an inside look at ele...
04/18/2018

Thank you to the staff at Rappahannock Electric Cooperative for giving new CFC and NRECA employees an inside look at electric cooperative life during a site visit on April 4.

Proud to celebrate two decades of working with Northwestern REC as a 100% CFC borrower. In honor of the milestone, CFC R...
03/16/2018

Proud to celebrate two decades of working with Northwestern REC as a 100% CFC borrower. In honor of the milestone, CFC Regional Vice President Jim Meiers shared a cake with management and directors after a recent presentation.

Thank you Coop Finance Corp for 20 years of a strong working relationship!

Ohio's Electric Cooperatives
03/14/2018

Ohio's Electric Cooperatives

Todd Ware, Cooperative Finance Corporation (CFC) board member, and Brian Stavish, CFC representative, presented two checks to OEC President & CEO Pat O’Loughlin and OREC Chairman Dennis Schindler at the March Buckeye Power/OREC board meeting: one from CFC in the amount of $24,200 for directors and employees’ continuing education, and a second check from National Cooperative Service Corporation in the amount of $2,800.

Following the 49th Annual Membership Meeting in Nashville on Feb. 26, the CFC board elected the following officers, pict...
02/28/2018

Following the 49th Annual Membership Meeting in Nashville on Feb. 26, the CFC board elected the following officers, pictured from left, Dean Tesch, board chair of Taylor Electric Cooperative in Wisconsin, as CFC Board Secretary-Treasurer; Harry Park, director of Southern Rivers Energy Energy in Georgia, as CFC Board President; and Kent Farmer, president and CEO of Rappahannock Electric Cooperative in Virginia, as CFC Board Vice President.

Outgoing CFC Board President Mike Campbell was presented with the traditional president’s portrait following CFC’s 4...
02/27/2018

Outgoing CFC Board President Mike Campbell was presented with the traditional president’s portrait following CFC’s 49th Annual Membership Meeting in Nashville. A copy of the portrait will hang on the President’s Wall at CFC headquarters in Dulles, Virginia.

Speaking at CFC’s 49th Annual Meeting in Nashville, CFC CEO Sheldon Petersen shared why he believes electric cooperati...
02/26/2018

Speaking at CFC’s 49th Annual Meeting in Nashville, CFC CEO Sheldon Petersen shared why he believes electric cooperatives are poised for renewal. “Co-ops are created by the communities they serve to make people’s lives better – it’s a way of taking control over our destiny. That’s what rural Americans did in the 1930s when the electric co-op program was born. And that’s what we will do again in the next stage of our industry’s development.”

Colorado Rural Electric Association
02/12/2018

Colorado Rural Electric Association

Sheldon Petersen, CEO of Cooperative Finance Corporation (CFC), speaks to members of the Colorado Rural Electric Association during its annual meeting on the co-ops’ top issues.

CFC CEO Sheldon Petersen joined Jim Matheson of NRECA and Tim Bryan of NRTC to discuss maximizing the three wins of econ...
02/09/2018

CFC CEO Sheldon Petersen joined Jim Matheson of NRECA and Tim Bryan of NRTC to discuss maximizing the three wins of economic insight, legislative strength and the power of technologies during a General Session panel moderated by Lynn Moore of Touchstone Energy Cooperatives this week at the NRECA NET Conference in St. Petersburg, Florida.

Bringing light to Bolivia: CFC provided matching grant funds to help linemen from six Show-Me State electric cooperative...
02/08/2018

Bringing light to Bolivia: CFC provided matching grant funds to help linemen from six Show-Me State electric cooperatives and the statewide organization bring power to a remote Bolivian village. Left to right, from top, are Tim Gilbert, Boone EC; Jared Kelley, SEMO EC; Eric Peeper, Northwest EPC; Danny Derry, Grundy EC; Jonathan Schussler, Osage Valley EC; Casey Schwartze, Three Rivers EC; and Craig Moeller, Association of Missouri Electric Cooperatives.

CFC CEO Sheldon Petersen, second from left, and CFC District 4 Director Todd Ware, right, president and CEO of Licking R...
02/07/2018

CFC CEO Sheldon Petersen, second from left, and CFC District 4 Director Todd Ware, right, president and CEO of Licking Rural Electrification in Ohio, present a CFC International Projects Matching Grant check for $35,000 to Patrick O’Loughlin, second from right, president and CEO of Ohio's Electric Cooperatives (OEC), and Doug Miller, left, OEC vice president of statewide services, during the NRECA CEO Close-Up earlier this month. (OEC) will send a dozen linemen from Buckeye State cooperatives, aided by reinforcements from Arkansas, to introduce electricity to 115 homes in Las Tortugas, Guatemala.

NRECA
01/18/2018
NRECA

NRECA

Wall Street likes electric co-ops, and Cooperative Finance Corporation (CFC)'s leader knows why.

South Dakota Rural Electric Association
01/15/2018

South Dakota Rural Electric Association

Cooperative Finance Corporation (CFC) Governor and CEO Sheldon Petersen addresses attendees at the South Dakota Rural Electric Association annual meeting in Pierre.

Ohio's Electric Cooperatives
01/10/2018

Ohio's Electric Cooperatives

Thanks to our friends at Cooperative Finance Corporation (CFC) for a $35,000 grant for our Las Tortugas/San Jorge international electrification project! Our linemen leave for Guatemala on March 5.

Colorado Rural Electric Association
01/10/2018

Colorado Rural Electric Association

Great story on Grand Valley Power’s becoming a 100% Cooperative Finance Corporation (CFC) borrower in today’s CFC newsletter.

Timeline Photos
12/21/2017

Timeline Photos

A helping hand for goodwill ambassadors.
12/07/2017

A helping hand for goodwill ambassadors.

A heartfelt thanks to Cooperative Finance Corporation (CFC) for a contribution of $35,000 to support the international electrification project that was just completed in Chiis, Guatemala by Oklahoma's electric cooperatives and NRECA International. This gift has enabled 65 families in the village of Chiis to enjoy a brighter Christmas!

Pictured (left to right): CFC CEO Sheldon Petersen, OAEC General Manager Chris Meyers and CFC District 8 Director Mark Snowden, CEO of CimarronElectric Cooperative.

On Friday, November 17 at a breakfast at the Hilton Tyson's Corner, CFC received a 2017 Companies As Responsive Employer...
11/28/2017

On Friday, November 17 at a breakfast at the Hilton Tyson's Corner, CFC received a 2017 Companies As Responsive Employers (CARE) Award for the 8th time! The CARE Award was presented to CFC and 24 other companies in the northern Virginia area who exemplify what it means to be a best place to work.

Seven Minnesota electric co-op staffers take part in CFC’s BudgetPro financial training led by CFC instructors Johnny ...
11/27/2017

Seven Minnesota electric co-op staffers take part in CFC’s BudgetPro financial training led by CFC instructors Johnny Vaughn and Mike Bunney. Thank you to Beltrami Electric Cooperative for hosting the group and to Itasca-Mantrap, Mille Lacs Energy, North Itasca Electric, PKM Electric, Red Lake Electric and Roseau Electric for choosing this very useful and popular course.

CFC employees made generous contributions of winter clothing and hand warmers for clients of Northern Virginia Family Se...
11/22/2017

CFC employees made generous contributions of winter clothing and hand warmers for clients of Northern Virginia Family Service, helping to keep hundreds of NVFS clients warm this winter.

CFC offices will be closed on Thursday, Nov. 23, and Friday, Nov. 24, for Thanksgiving—a day of reflection for the man...
11/22/2017

CFC offices will be closed on Thursday, Nov. 23, and Friday, Nov. 24, for Thanksgiving—a day of reflection for the many blessings in our lives. If your Thanksgiving revolves around a feast, have a safe and fun-filled visit with friends and family!

Mohamed El-Erian, internationally recognized expert on world financial markets and reportedly one of the candidates bein...
11/20/2017

Mohamed El-Erian, internationally recognized expert on world financial markets and reportedly one of the candidates being considered for nomination as Federal Reserve vice chairman.

Future lineworkers? CFC HQ employees got hands-on experience wearing and using typical lineworker gear with the help of ...
10/25/2017

Future lineworkers? CFC HQ employees got hands-on experience wearing and using typical lineworker gear with the help of Southside Electric Cooperative (VA) Line Technician Bobby Moseley and SEC Vice President of Operations Bradley Furr. SEC staff visited CFC to offer a glimpse at "A Day in the Life of a Lineman," a presentation the co-op developed as a recruiting tool in local schools. Read more in the October 23 issue of Solutions News Bulletin.

Team CFC led the pack as the overall fastest team at the recent Cooperative Development Foundation's Co-op 5K held at Ea...
10/12/2017

Team CFC led the pack as the overall fastest team at the recent Cooperative Development Foundation's Co-op 5K held at East Potomac Park in Washington, D.C. More than a dozen employees and their family members enjoyed the spring-like weather and scenic views of the Potomac.

Address

20701 Cooperative Way
Dulles, VA
20166

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

(703) 467-1800

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