||Financial Appraisal of the Banks for Cooperatives
||Richard N. Weldon, Endah Srinarni, Charles B. Moss, and John J. Van
||This study examines the financial situation of the Farm Credit System
Banks for Cooperatives using comparative analysis for the period 1978 through
1991. Profitability and leverage measures of the Banks for Cooperatives
are compared with similar measures of large commercial banks. The Banks
for Cooperatives were found to have performed as well as large commercial
banks. Some differences can be explained as compatible with differences
in the goals and objectives of a cooperative versus an investor-owned firm.
Most differences can be attributed to the financial strength of the Banks
for Cooperatives relative to the commercial banking industry.