Getting your player ready...
In another sign that rural areas may be faring better than urban ones, Denver-based CoBank reported strong growth in its earnings and loan volumes in the first nine months of the year.
The cooperative bank, which serves farmers, food processors and rural utilities, reported earnings of $449 million in the first nine months, a 48 percent increase from $304 million during the same period in 2007. Total loans and leases outstanding for CoBank were $43.1 billion on Sept. 30, up from $40.5 billion at the end of 2007.
