Bank gives $150,000 to U of Idaho Extension 4-H program

May 13, 2014 

CoBank, a national cooperative bank that lends to agricultural businesses, donated $150,000 to the University of Idaho Extension's program to teach young people about credit and personal finances.

The Extension's Youth Financial Literacy Program was established last year with a $280,000 gift from Northwest Farm Credit Services, a CoBank partner. The program was started as a four-year pilot program.

The CoBank money will help expand the program to 4-H members in Washington, Oregon, Montana and Alaska.

So far, the program has enabled 40,000 young Idahoans to learn about building credit and handling personal finances through the National Endowment for Financial Education's High School Financial Planning Program, according to the university.

In addition to serving agribusiness, CoBank lends to rural infrastructure providers and farm credit associations throughout the U.S. CoBank headquarters are in Denver.

 

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