SunGard Octane8REVIEWER: Michael H. Carr, VP and CIO for National Rural Utilities Cooperative Finance Corporation.
BACKGROUND: Formed in 1969, the National Rural Utilities Cooperative Finance Corporation (CFC) is a member-owned financial institution that provides state-of-the-art financial products to its approximately 1,050 electric cooperative members in 49 states, the District of Columbia and three U.S. territories. CFC has total loans and guarantees outstanding exceeding $21 billion, and its owners have invested approximately $3 billion in CFC securities.
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