Excerpts from the report: In this report the Farmer Cooperative Service and Farm Credit Administration have undertaken to: (1) describe various credit arrangements now being used by cooperatives, (2) outline the general scope of these operations, and (3) provide management of farm supply cooperatives with information helpful in making a choice of alternative methods of meeting the credit needs of their patrons. This report deals primarily with ways some cooperatives are working with credit agencies to directly finance farmer-patrons desiring credit to purchase supplies and equipment. Also discussed are certain indirect ways local cooperatives obtain additional funds that can be used to extend credit to patrons or that release other funds for this purpose.