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Periodic news releases about CFC's financial reports and other corporate announcements.

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Recent News Releases

    CFC To Host Conference Call on Fiscal Year 2022 First-Quarter Financial Result

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, October 13, at 10 a.m. Eastern Time. CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2022 first-quarter financial results.

    CFC To Host Conference Call on Fiscal Year 2021 Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 4, at 11 a.m. Eastern Time. CFC CEO Andrew Don will provide a business update and CFC Senior Vice President and CFO Ling Wang will review CFC’s fiscal year 2021 financial results.

    7/19/2021

    CFC’s Initial 2020 Key Ratio Trend Analysis Results Demonstrate Cooperatives’ Financial Strength

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2020 Key Ratio Trend Analysis (KRTA) report, an annual assessment of financial trends among electric distribution cooperatives nationwide. The results show the majority of electric cooperatives have maintained strong financial metrics and have successfully managed through last year’s economic downturn.

    4/14/2021

    CFC To Host Conference Call on Fiscal Year 2021 Third-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Friday, April 16, at 1 p.m. Eastern Time. CFC Senior Vice President and CFO Andrew Don will review CFC’s fiscal year 2021 third-quarter financial results.

    3/11/2021

    CFC Taps CFO J. Andrew Don To Assume CEO Post

    DULLES, Va.— The National Rural Utilities Cooperative Finance Corporation (CFC), a member-owned nonprofit cooperative that provides financial products and services to America’s rural electric cooperative network, announced today that Chief Financial Officer J. Andrew Don, has been selected by its board of directors to assume the role of chief executive officer, effective May 3, 2021. Don assumes the position from long-time CEO Sheldon C. Petersen, age 68, who in July 2020 announced his plan to retire. Global executive search firm Korn Ferry (NYSE: KFY) led the search process for a replacement.

    3/5/2021

    CFC To Host Conference Call on Severe Weather Impact on Borrowers

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Monday, March 8, at 10 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will provide an update on the impact that recent weather events have had on CFC borrowers.

    3/5/2021

    S&P Global Ratings Issues Downgrade and Revised Outlook on CFC

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) announced that S&P Global Ratings (S&P) issued a downgrade on the organization’s secured and unsecured debt, while revising its outlook to “negative” based on the potential for elevated credit stress posed by electric utilities operating in Texas following last month’s winter storm that resulted in blackouts and billing errors throughout the state.

    1/13/2021

    CFC To Host Conference Call on Fiscal Year 2021 Second-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, January 20, at 10 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2021 second-quarter financial results.

    10/26/2020

    CFC Taps Korn Ferry for Global Search of New Leader

    DULLES, Va. (October 26, 2020) — The National Rural Utilities Cooperative Finance Corporation (CFC), a member-owned nonprofit cooperative that provides financial products and services to America’s rural electric cooperative network, announced today that it is working exclusively with the global executive search firm Korn Ferry (NYSE: KFY) to find a successor to Chief Executive Officer Sheldon Petersen, who will retire in 2021. Korn Ferry also led the search that placed Petersen as CEO in 1995.

    10/15/2020

    CFC To Host Conference Call on Fiscal Year 2021 First-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Tuesday, October 20, at 10 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2021 first-quarter financial results.

    10/14/2020

    CFC Issues Sustainability Bond to Support Electric Cooperatives

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) announces the successful issuance of its inaugural Sustainability Bond to be used to finance rural broadband and renewable energy projects.

    8/11/2020

    CFC Reviews Financial Strength of Electric Cooperatives

    DULLES, Va.— The National Rural Utilities Cooperative Finance Corporation (CFC) announced that its credit ratings remain stable despite the influence of the COVID-19 pandemic on the U.S. economy.

    8/6/2020

    CFC To Host Conference Call on Fiscal Year 2020 Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Friday, August 7, at 10 a.m. Eastern Time. CFC CEO Sheldon C. Petersen will provide a business update and CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2020 financial results.

    7/23/2020

    CFC Announces Planned Retirement of CEO Sheldon C. Petersen

    DULLES, Va.— The National Rural Utilities Cooperative Finance Corporation (CFC) has announced that Sheldon C. Petersen, Chief Executive Officer, notified the Board of Directors of his intention to retire in the first half of 2021, subject to the successful completion of a search for a successor.

    6/29/2020

    CFC Tabulates Initial Results for 2019 Key Ratio Trend Analysis

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2019 Key Ratio Trend Analysis (KRTA), an annual assessment of financial trends among electric distribution cooperatives nationwide. CFC expects to release final KRTA numbers in late July.

    4/13/2020

    CFC To Host Conference Call on Fiscal Year 2020 Third-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Friday, April 17, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2020 third-quarter financial results.

    1/16/2020

    CFC To Host Conference Call on Fiscal Year 2020 Second-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Tuesday, January 21, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2020 second-quarter financial results.

    10/17/2019

    CFC To Host Conference Call on Fiscal Year 2020 First-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, October 23, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2020 first-quarter financial results.

    8/1/2019

    CFC To Host Conference Call on Fiscal Year 2019 Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, August 7th, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2019 financial results.

    5/6/2019

    CFC Issues $250 Million of 5.500% Subordinated Notes Due 2064

    DULLES, Va. —The National Rural Utilities Cooperative Finance Corporation (“CFC”) announced today that it settled the offering of $250 million aggregate principal amount of its 5.500% Subordinated Notes due 2064 (the “Notes”). The Notes will be issued in denominations of $25.00 and multiples in excess thereof with a coupon of 5.500% per annum.

    4/15/2019

    CFC Tabulates Initial Results for 2018 Key Ratio Trend Analysis

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2018 Key Ratio Trend Analysis (KRTA), an annual assessment of financial trends among electric distribution cooperatives nationwide. CFC expects to release final KRTA numbers in June.

    4/11/2019

    CFC To Host Conference Call on Fiscal Year 2019 Third-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Thursday, April 25, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2019 third-quarter financial results.

    1/22/2019

    CFC To Host Conference Call on Fiscal Year 2019 Second-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Friday, January 25, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2019 second-quarter financial results.

    10/25/2018

    Barbara Hampton Wins CFC Board of Directors At-Large Financial Expert Seat

    DULLES, Va.—Barbara Hampton, senior vice president and chief financial officer with Georgia Transmission Corporation, based in Tucker, Georgia, was elected to fill the At-Large Financial Expert seat on CFC Board of Directors in balloting conducted at all 10 CFC district meetings.

    10/11/2018

    CFC To Host Conference Call on Fiscal Year 2019 First-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Tuesday, October 16, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2019 first-quarter financial results.

    8/2/2018

    CFC To Host Conference Call on Fiscal Year 2018 Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Tuesday, August 7, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2018 financial results.

    6/4/2018

    CFC Tabulates Initial Results for 2017 Key Ratio Trend Analysis

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) has analyzed preliminary data for its 2017 Key Ratio Trend Analysis (KRTA), an annual assessment of financial trends among electric distribution cooperatives nationwide. CFC expects to release final KRTA numbers later this month.

    4/16/2018

    CFC To Host Conference Call on Fiscal Year 2018 Third-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Friday, April 20, at 10 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2018 third-quarter financial results.

    1/11/2018

    CFC To Host Conference Call on Fiscal Year 2018 Second-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Tuesday, January 16, at 10 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2018 second-quarter financial results.

    10/11/2017

    CFC To Host Conference Call on Fiscal Year 2018 First-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Thursday, October 12, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2018 first-quarter financial results.

    8/2/2017

    CFC To Host Conference Call on Fiscal Year 2017 Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Thursday, August 3, at 11 a.m. Eastern Time. CFC CEO Sheldon C. Petersen will provide a business overview and CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2017 financial results.

    4/6/2017

    CFC To Host Conference Call on Fiscal Year 2017 Third-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Monday, April 10, at 2 p.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2017 third-quarter financial results.

    1/19/2017

    CFC To Host Conference Call on Fiscal Year 2017 Second-Quarter Financial Results

    DULLES, Va.—The National Rural Utilities Cooperative Finance Corporation (CFC) will hold an investor conference call and webcast on Wednesday, January 25, at 11 a.m. Eastern Time. CFC Senior Vice President and CFO J. Andrew Don will review CFC’s fiscal year 2017 second-quarter financial results.