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    NCSC and CFC provide valuable information to rural electric cooperatives and the entire cooperative network through a variety of industry publications and resources.

    Choptank's Fred Hubbard Retires

    After nearly 52 years with Denton, Md.-based Choptank Electric Cooperative, President and CEO Fred Hubbard has retired. Hubbard first started working for the cooperative out of high school as a groundman—the prerequisite to becoming an apprentice lineman.

    Hubbard worked his way up through Choptank's ranks over the years, serving as chief lineman, supervisor of construction, manager of utility services and manager of electric operations. He was named senior vice president and CEO in 1991, and president and CEO in 2001.

    Hubbard served on the National Cooperative Services Corporation (NCSC) board for nine years, serving as board president and secretary-treasurer. He also served on the boards of the Virginia, Maryland and Delaware Associaton of Electric Cooperatives; United Utility Supply, ACES Power Marketing; and as chairman of the board of Old Dominion Electric Cooperative, Choptank's generation and transmission cooperative.

    "Fred has certainly been a strong friend and supporter of CFC and NCSC over the years," CFC Governor and CEO Sheldon C. Petersen told a crowd of more than 200 at Hubbard's retirement dinner. "We'll miss your knowledge, insight and devotion to the entire electric co-op network. Your dedication to improving the quality of life for citizens in Maryland and throughout rural America makes us proud to be your friends and colleagues."

    Moody's Affirms NCSC's Prime-1 Short Term Rating

    On December 28, 2010, Moody's announced that it had affirmed National Cooperative Services Corporation's (NCSC) Prime-1 short-term rating for commercial paper. The rating outlook for NCSC is stable. NCSC's rating and stable outlook are based on the guaranty provided by National Rural Utilities Cooperative Finance Corporation (NRUC: A2 senior unsecured; stable outlook) whose short-term rating for commercial paper is Prime-1.


    NCSC Website Offers Exclusive Member Resources

    NCSC recently launched a new and improved website. The site now has both a public section and a new, password-protected, members-only section featuring information on NCSC products and services, corporate and financial news, member publications and events.

    The redesigned website has dual log-in areas—one for the members-only area and one for the existing Extranet. The Extranet—used to conduct transactions, view rates and access portfolio information—was not part of this development phase. Members with an Extranet account should continue to log in and use the Extranet as before.

    To access the members-only area, users will need to set up an account. This is the case even if members already have an Extranet account. To set up an account, select “Member Website” from the NCSC home page and then follow the directions for requesting an NCSC website account. NCSC members that are also CFC members only need to set up one new account. Your user name and password will provide access to both CFC’s and NCSC’s members-only areas.

    If you have any questions regarding the account sign-up process, contact the Member Center at 800-424-2955. If you have questions or comments regarding the NCSC website, please contact Laurie Greene at 800-424-2954.

    At a Glance Newsletter

    "At a Glance" is a free quarterly newsletter designed to keep members updated on NCSC news and activities. NCSC members can view the most current issue, as well as past issues, of At a Glance, on the NCSC member section.

    Primary Public and Media Relations Contacts


    Brad Captain

    VP - Corporate Communications
    Phone:
    800-424-2954

    NRUCFC

    20701 Cooperative Way
    Dulles, VA 20166
    Phone:
    800-424-2954
    E-Mail:  PublicandMediaRelations@nrucfc.coop

    CFC Newsletter

    Check out the latest CFC Solutions Newsletter in the CFC member section.

    NCSC Fast Fact

    NCSC launched its first Web site in 2001.