cfc-news January 30, 2023

CFC Fiscal Year 2022 Report to Members Now Available

The CFC Fiscal Year (FY) 2022 Report to Members is now available to download on the CFC Member Website. The report highlights CFC’s strong financial and operational performance during the last fiscal year, which began June 1, 2021, and ended May 31, 2022.

Despite a challenging macroeconomic backdrop where the electric utility and other sectors experienced rising costs, CFC’s overall financial performance and credit quality of its loan portfolio were not adversely impacted.

During FY2022, CFC continued to see strong loan demand from members. In fact, for the first time in CFC’s 53-year history, total loans outstanding surpassed $30 billion, with CFC ending FY2022 at $30.1 billion, an increase of $1.6 billion from the prior year.

Learn more about why CFC continues to be the electric cooperative network’s most trusted independent finance cooperative by downloading the CFC FY2022 Report to Members.