CoBank
COBANK donates $2,500 TO Monmouth Conservation Foundation
MIDDLETOWN, N.J. (Nov. 18, 2012)–The Monmouth Conservation Foundation, which preserves and protects farms, wetlands, outstanding vistas and woodlands, has received a donation of $2,500 from CoBank on behalf of John J. Breen, a member of the cooperative bank’s board of directors. Breen is a longtime resident of Monmouth County and an ongoing supporter of the Conservation Foundation’s efforts.
The Foundation is celebrating 35 years of protecting Monmouth County’s open space and natural resources, and has preserved more than 6,500 acres since its founding in 1977. Some of the land has been transformed into parks or other recreational areas.
“It is more critical than ever to protect our natural resources from encroaching development,” said William Kastning, executive director of the foundation. “CoBank’s donation will help us move forward with our mission of acquiring and preserving land so that it can be enjoyed for generations to come.”
“The acreage that the foundation works to save is more than trees and earth; it’s a legacy of those who have made this county what it is today,’ said Breen, a long-time supporter of the foundation. “I am pleased that CoBank has provided funding to save our historic and important resources.”
The contribution is part of CoBank’s corporate giving program, which allows employees and board members to direct bank donations to their choice of non-profit organizations and programs. Through the program, CoBank donated more than $1.2 million last year to benefit local communities where its employees and directors live and work.
About CoBank
CoBank is a $90 billion cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 70,000 farmers, ranchers and other rural borrowers in 23 states around the country.
CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture and the nation’s rural economy.
Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
For more information about CoBank, visit the bank’s web site at www.cobank.com.
