NRUC supply chain intelligence for National Rural Utilities Cooper: verified suppliers, customers, debt relationships, acquisitions, and ownership data.
Data compiled by Redley Lamar · ChainSifter Intelligence
| Ticker | Name | Confidence | Evidence |
|---|---|---|---|
| UNITED-STATES-OF-AMERICA | UNITED-STATES-OF-AMERICA | 92% | Under this Series W facility, CFC is able to borrow any time before July 15, 2030, with each advance having a final maturity not longer than 30 years from the advance date. |
| BMO-CAPITAL-MARKETS-CORP | BMO-CAPITAL-MARKETS-CORP | 90% | The Amendment removes Scotia Capital (USA) Inc. as an agent and adds BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents under the Age… |
| FNB-AMERICA-SECURITIES-LLC | FNB-AMERICA-SECURITIES-LLC | 90% | The Amendment removes Scotia Capital (USA) Inc. as an agent and adds BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents under the Age… |
| HUNTINGTON-SECURITIES-INC | HUNTINGTON-SECURITIES-INC | 90% | The Amendment removes Scotia Capital (USA) Inc. as an agent and adds BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents under the Age… |
| MEMBERS | MEMBERS | 90% | Short-term borrowings consist of borrowings with an original contractual maturity of one year or less and do not include the current portion of long-term debt. Short-term borrowings increased $9 mill… |
| M-T-SECURITIES-INC | M-T-SECURITIES-INC | 90% | The Amendment removes Scotia Capital (USA) Inc. as an agent and adds BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents under the Age… |
| RBC-CAPITAL-MARKETS-LLC | RBC-CAPITAL-MARKETS-LLC | 90% | The Amendment removes Scotia Capital (USA) Inc. as an agent and adds BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents under the Age… |
| FARMER-MAC | FARMER-MAC | 85% | Of the loans outstanding to Texas-based borrowers, $126 million and $155 million as of May 31, 2024 and 2023, respectively, were covered by the Farmer Mac standby repurchase agreement |
| CAPITAL-MARKETS | CAPITAL-MARKETS | 80% | Short-term borrowings consist of borrowings with an original contractual maturity of one year or less and do not include the current portion of long-term debt. Short-term borrowings increased $9 mill… |
| Ticker | Name | Confidence | Evidence |
|---|---|---|---|
| RURAL-ELECTRIC-COOPERATIVES | RURAL-ELECTRIC-COOPERATIVES | 92% | Our primary credit exposure is loans to rural electric cooperatives, which provide essential electric services to end-users, the majority of which are residential customers. |
| CFC-DISTRIBUTION | CFC-DISTRIBUTION | 90% | Loans to CFC distribution and power supply borrowers accounted for 94% and 95% of total loans to members as of February 28, 2026 and May 31, 2025, respectively. |
| CFC-POWER-SUPPLY | CFC-POWER-SUPPLY | 90% | Loans to CFC distribution and power supply borrowers accounted for 94% and 95% of total loans to members as of February 28, 2026 and May 31, 2025, respectively. |
| MEMBERS | MEMBERS | 90% | Member investments accounted for 15% and 16% of total debt outstanding as of May 31, 2024 and 2023, respectively. |
| TELECOMMUNICATION-COMPANIES | TELECOMMUNICATION-COMPANIES | 90% | We also have a limited portfolio of loans to not-for-profit and for-profit telecommunication companies. |
| CFC | CFC | 85% | Loans to CFC distribution, power supply, and statewide and associate borrowers accounted for 95% and 96% of total loans to members as of May 31, 2024 and 2023, respectively. |
| TEXAS-BASED-BORROWERS | TEXAS-BASED-BORROWERS | 85% | Texas, which had 67 and 69 borrowers with loans outstanding as of May 31, 2024 and 2023, respectively, accounted for the largest number of borrowers with loans outstanding in any one state as of each… |
| CFC-STATEWIDE-ASSOCIATE | CFC-STATEWIDE-ASSOCIATE | 80% | The remaining loans outstanding in our portfolio were to members, affiliates and associates in the telecommunications industry. |
| NCSC | NCSC | 80% | We experienced increases in CFC distribution loans, CFC power supply loans, CFC statewide and associate loans and NCSC telecom loans of $1,667 million, $205 million, $37 million and $111 million, res… |
| NCSC-ELECTRIC | NCSC-ELECTRIC | 80% | NCSC Electric NCSC Telecom NCSC Total Total Allowance components: Collective allowance $ 18,473 $ 6,200 $ 1,100 $ 25,773 $ 3,818 $ 1,722 $ 5,540 $ 31,313 |
| NCSC-TELECOM | NCSC-TELECOM | 80% | NCSC Electric NCSC Telecom NCSC Total Total Allowance components: Collective allowance $ 18,473 $ 6,200 $ 1,100 $ 25,773 $ 3,818 $ 1,722 $ 5,540 $ 31,313 |
| AGM | Federal Agricultural Mortgage Corporation | 72% | Reciprocal relationship from AGM graph: Reciprocal relationship from NRUC graph: Reciprocal relationship from AGM graph: Reciprocal relationship from NRUC graph: ime to time, the fundamental goal of … |
| AGM | Federal Agricultural Mortgage Corporation | 72% | ime to time, the fundamental goal of our overall business model is to work with our members to ensure that CFC is able to meet their financing needs, as well as provide industry expertise and strateg… |
| SPGI | S&P Global Inc. | 72% | Reciprocal relationship from SPGI graph: Reciprocal relationship from NRUC graph: ations and expose them to liability. The impacts of climate change present nota ble risks, including damage to the as… |
| SPGI | S&P Global Inc. | 72% | ations and expose them to liability. The impacts of climate change present nota ble risks, including damage to the assets of our members, which could adversely impact the quality of our loan portfoli… |
| BRAZOS-ELECTRIC-POWER-COOPERATIVE-INC | BRAZOS-ELECTRIC-POWER-COOPERATIVE-INC | 62% | and $ 267 million as of May 31, 2024 and 2023, respectively, which reduced our exposure to the 20 largest borrowers to 19 % of our total loans outstanding as of each respective date. We have had no l… |
| BRAZOS-SANDY-CREEK-ELECTRIC-COOPERATIVE-INC | BRAZOS-SANDY-CREEK-ELECTRIC-COOPERATIVE-INC | 62% | and $ 267 million as of May 31, 2024 and 2023, respectively, which reduced our exposure to the 20 largest borrowers to 19 % of our total loans outstanding as of each respective date. We have had no l… |
| ENTERPRISE-RISK-GROUP | ENTERPRISE-RISK-GROUP | 62% | ndications and loan sales. We maintain an internal risk rating system in which we assign a rating to each borrower and credit facility. We review and update the risk ratings at least annually. Assign… |
| Instrument | Description | Confidence | Evidence |
|---|---|---|---|
| NRUC-DEBT-51378 | Debt | 90% | debt detail from 424B3 2026-04-28. |
| NRUC-DEBT-22981 | Debt | 90% | debt detail from 424B3 2026-04-06. |
| NRUC-DEBT-41995 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| NRUC-DEBT-22984 | Debt | 90% | debt detail from 424B3 2026-03-16. |
| NRUC-DEBT-22985 | Debt | 90% | debt detail from 424B3 2026-03-13. |
| NRUC-DEBT-42001 | Debt | 90% | debt detail from 424B3 2026-04-07. |
| NRUC-DEBT-42000 | Debt | 90% | debt detail from 424B3 2026-04-07. |
| NRUC-DEBT-41997 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| NRUC-DEBT-22986 | Debt | 90% | debt detail from 424B3 2026-03-13. |
| NRUC-DEBT-42701 | Debt | 90% | debt detail from 424B3 2026-04-20. |
| NRUC-DEBT-22983 | Debt | 90% | debt detail from 424B3 2026-03-19. |
| NRUC-DEBT-41994 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| NRUC-DEBT-22982 | Debt | 90% | debt detail from 424B3 2026-03-23. |
| NRUC-DEBT-41999 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| NRUC-DEBT-41998 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| NRUC-DEBT-41996 | Debt | 90% | debt detail from 424B3 2026-04-13. |
| Holder | Name | Confidence | Evidence |
|---|---|---|---|
| NRUC-OWNER-MATTHEW-25-MANAGEMENT-CORP | Matthew 25 Management Corp | 90% | 13F overlay lists Matthew 25 Management Corp as top holder; 19 tracked holders. |
| Ticker | Name | Chain Index | Hops | Relationship Types |
|---|---|---|---|---|
| PSO | Pearson plc | 100.00 | 2 | |
| ZTS | Zoetis Inc. | 100.00 | 2 | |
| FNMAS | Federal National Mortgage Association | 100.00 | 2 | |
| PSORF | Pearson plc | 100.00 | 2 | |
| ZION | Zions Bancorporation, National Association | 100.00 | 2 | |
| HON | Honeywell International Inc. | 100.00 | 2 | |
| BKH | Black Hills Corporation | 100.00 | 2 | |
| CFC | CFC | 100.00 | 1 | ['receiving'] |
| FDS | FactSet Research Systems Inc. | 100.00 | 2 | |
| FMCKI | Federal Home Loan Mortgage Corporation | 100.00 | 2 | |
| NWL | Newell Brands Inc. | 100.00 | 2 | |
| NGG | National Grid plc | 50.00 | 2 | |
| HFWA | Heritage Financial Corporation | 50.00 | 2 | |
| IQV | IQVIA Holdings Inc. | 50.00 | 2 | |
| JKHY | Jack Henry & Associates, Inc. | 50.00 | 2 | |
| NGGTF | National Grid plc | 50.00 | 2 | |
| MET | MetLife, Inc. | 50.00 | 2 | |
| D | Dominion Energy, Inc. | 50.00 | 2 | |
| AIG | American International Group, Inc. | 50.00 | 2 | |
| FPI | Farmland Partners Inc. | 50.00 | 2 |