Specialized Financing Solutions

NCSC provides its members with specialized financing solutions. Since its inception, NCSC has demonstrated that it has the resources, flexibility and creativity to meet the needs of rural utilities and their partners for financing that cannot be obtained from other sources.

The organization has helped utility providers expand their reach through loans for broadband, telecommunications, non-electric products and economic development. NCSC provides financing at competitive rates, including short- and long-term loans with fixed or variable interest rates.

Electric Associate Loans

Providing loans for electric cooperative subsidiaries through its associate loan program for electric utilities is another way NCSC helps its members become more competitive. These loans provide the means for electric cooperatives—through their subsidiary or affiliate organizations—to finance non-electric services to their members.

NCSC has funded many types of projects through the associate loan program, including community development, water/wastewater projects, propane services and broadband.

If you have questions or need additional information, please visit the Contact Us page.

U.S. Bank One Card

The One Card, offered jointly by CFC and U.S. Bank, is a commercial credit card program designed to help electric cooperative members manage their travel and purchasing transactions. Each year, the program is eligible for an annual cash rebate from U.S. Bank.


  • Reduce the cost and cycle time associated with the traditional purchase order process
  • Reduce paperwork
  • Improve spending controls
  • Receive better information for decision making.

Log into the Member Website for more details on the U.S. Bank One Card program and its benefits for electric cooperative members.

More info? Contact Program Administrator Stacy Bilal at onecard@nrucfc.coop or 800-424-2954, Option 7.

Telecom/Broadband Financing and Investment Options

NCSC provides flexible loan and financial service products designed to match the business needs of rural telecommunications providers. Whether it’s construction projects or working capital, NCSC is dedicated to offering competitive rates and superior service to our members.

Loan Options

Term Loans

NCSC’s term loans for telecom members can be used for construction costs, to refinance debt with other lenders, for acquisitions and for other projects that meet feasibility requirements. These loans generally have terms up to nine years.

Lines of Credit

Lines of credit are designed to assist member telcos in meeting short-term cash needs and interim financing. These loans are administratively simple, with funds made available in a short period of time with no unused facility fee required.

Letters of Credit

Letters of credit provide credit assurance to a third party for the applicant’s performance and/or payments under a contract or other obligation. The terms and conditions of letters of credit are established on a case-by-case basis to meet the needs of the applicant or beneficiary.

Start the Loan Process

For more information about these opportunities, please contact your NCSC account manager at 800-346-7095.

Investment Opportunities

NCSC offers investment options for its members who want to put their surplus cash to work by taking advantage of several investment products. Offered to NCSC members and their affiliates through our lender, the National Rural Utilities Cooperative Finance Corporation (CFC), these opportunities are available for short- or long-term investing.

CFC Commercial Paper

Members and affiliates can earn interest on their temporary cash surpluses of $5,000 or more by investing in CFC Commercial Paper, an investment option with maturities ranging from one day to 270 days.

CFC Daily Fund

CFC’s Daily Fund offers NCSC members a flexible investment account, similar to a money market account, that allows systems to invest and earn a return on short-term cash surpluses of at least $50,000 without committing to a specific maturity date.

CFC Medium-Term Notes

NCSC members and affiliates can earn interest on their general funds of $100,000 or more by investing in CFC Medium-Term Notes. These senior unsecured debt securities have maturities ranging from 10 to 24 months.

CFC Select Notes

Select Notes allow NCSC members to take advantage of a higher interest rate of return than other CFC short-term investment products. Terms range from 30 to 270 days with a minimum investment of $100,000.

Invest Today

For More Investment Setup Information
 Member Center