My words say, "started as a coop".   Didn't say it was one now.

 http://farmprogress.com/story-was-farm-credit-cobanks-725-million-loan-rural-development-9-103778

 http://www.agri-pulse.com/House-Ag-Committee-puts-Farm-Credit-under-microscope-12022015.asp

The law changed that banks could sell insurance.  Not sure if that was a good policy change.

It may be convenient, but one hand is leading the customer to the other hand and making lending income and/or insurance commission.  Coop stock is very much at risk in the current lending and insurance environment, imho.