The National Rural Utilities Cooperative Finance Corporation (CFC) is a privately owned, non-governmental organization that provides financial products to American electric cooperatives. NRUCFC was established as a source of private financing for rural electric cooperatives to supplement the loan programs of the U.S. Department of Agriculture s (USDA) Rural Utilities Service (RUS). While CFC is not a government-sponsored enterprise (GSE), it (along with its telephone affiliate, RTFC), has forged an effective public-private partnership with RUS. This partnership enables NRUCFC's utility borrowers to access an array of financing options including those provided by the federal government.
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