cfc-news April 25, 2022

CFC Form 7 Deadline Approaches

Non-Rural Utilities Service borrowers have until April 30 to submit their CFC Form 7. The data from the CFC Form 7 assists in credit underwriting and loan decisions in addition to letting members see how they perform in the Key Ratio Trend Analysis (KRTA) report.

CFC developed a five-part online tutorial series to guide electric cooperative staff through the process of accessing, completing, checking and submitting the CFC Form 7.

The tutorials cover:

  • An orientation to the CFC Form 7;
  • Step-by-step instructions for importing data;
  • A guide to navigating each section of the form;
  • Using balance checks and tools for validating data; and
  • How to certify, authorize and submit the CFC Form 7.

The Form 7 Tutorials are available through the CFC Academy under the Events/Training tab on the CFC Member Website.

Members can watch a replay of “Tips for Successfully Completing a CFC Form 7,” a recent Extra Credit Education Series webinar, that provides tips for completing and submitting the CFC Form 7. Watch the replay by visiting the View Past Webinar Presentations page under the Events/Training tab and CFC Webinars & FMR menu item.