Lends to rural electric cooperatives and related entities, and provides credit guarantees and debt-placement services to electric and rural telecommunications organizations.
10-K for FY2026, filed Jul 31, 2026CFC is a member-owned, finance cooperative association incorporated under the laws of the District of Columbia in April 1969. CFC’s…View ↗
NCSC, doing business as Utility Capital Solutions, is a taxable cooperative incorporated in 1981 in the District of Columbia as a…View ↗
Cooperative Securities LLC (“Cooperative Securities”) is a limited liability company organized and incorporated in 2021 in Delaware and a…View ↗
CFC lends to its members and associates and also provides credit enhancements in the form of letters of credit and guarantees of debt…View ↗
No revenue reported yet.
10-K for FY2026, filed Jul 31, 2026
Rural electric cooperatives and related entities borrow directly from CFC and NCSC; NCSC also serves rural telecommunications organizations, and Cooperative Securities arranges debt placements for rural utility entities.
10-K for FY2026, filed Jul 31, 2026CFC lends to its members and associates and also provides credit enhancements in the form of letters of credit and guarantees of debt…View ↗
NCSC, doing business as Utility Capital Solutions, is a taxable cooperative incorporated in 1981 in the District of Columbia as a…View ↗
Cooperative Securities LLC (“Cooperative Securities”) is a limited liability company organized and incorporated in 2021 in Delaware and a…View ↗
Cooperative Securities, NCSC’s wholly owned subsidiary, offers institutional debt placement services to rural electric cooperatives…View ↗
NCSC’s telecom portfolio consists primarily of long-term loans to rural local exchange carriers or holding companies of rural local…View ↗
10-Q for Q1 FY2027, filed Oct 13, 2026
$134.9MView ↗
Telecom lending consolidation
The older report described rural telecommunications financing through RTFC, with a planned transfer of its business to NCSC. The latest report presents telecommunications members and loan programs within NCSC, with no separate RTFC segment.
10-K for FY2023, filed Aug 2, 2023 10-K for FY2026, filed Jul 31, 2026Our financial statements include the consolidated accounts of National Rural Utilities Cooperative Finance Corporation (“CFC”) and National…View ↗
NCSC, doing business as Utility Capital Solutions, is a taxable cooperative incorporated in 1981 in the District of Columbia as a…View ↗
NCSC Telecommunications (“Telecom”) Loan ProgramsView ↗
Competes with CoBank
10-K for FY2026, filed Jul 31, 2026CFC’s primary competitor is CoBank, ACB, a federally chartered instrumentality of the United States that is a member of the Farm Credit…View ↗
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