The CFC Fiscal Year (FY) 2023 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, 2022, and ended May 31, 2023.
“Our exceptional results reflect the overall continued financial strength of our members and our focus on strategically managing our balance sheet to fund our members’ capital needs,” said CFC CEO Andrew Don.
During FY23, CFC continued to see strong loan demand from members. In fact, total loans to members increased by $2.5 billion to $32.5 billion, the largest-ever year-over-year growth in CFC's electric loan portfolio.
Learn more about why CFC continues to be the electric cooperative network’s most trusted independent finance cooperative by downloading the CFC FY23 Report to Members.