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The Farm Credit Administration is an independent agency of the Executive Branch of the federal government of the United States.It regulates and examines the banks, associations, and related entities of the Farm Credit System, a network of borrower-owned financial institutions that provide credit to farmers, ranchers, and agricultural and rural utility cooperatives, as well as provides ...
The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $373 billion (as of 2022) [1] in loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility ...
Farm Credit Act of 1933; Long title: An Act to provide for organizations within the Farm Credit Administration to make loans for the production and marketing of agricultural products, to amend the Federal Farm Loan Act, to amend the Agricultural Marketing Act, to provide a market for obligations of the United States, and for other purposes.
Farm Credit System Reports First Quarter 2013 Combined Results NEW YORK--(BUSINESS WIRE)-- The Farm Credit System today reported that combined net income increased $90 million or 8.6% to $1.142 ...
The Farm Credit Council is the national trade association of the Farm Credit System, a U.S. network of borrower-owned cooperative lending institutions and service organizations. The Farm Credit Council represents the Farm Credit System in legislative and regulatory lobbying before the United States Congress government and state legislatures. [1]
In 1989, the National Bank for Cooperatives was created under the voluntary options of the Agricultural Credit Act of 1987 [1] by a merger of eleven of thirteen bank for cooperatives (including the Central Bank for Cooperatives) created with the Farm Credit Act of 1933. The remaining two banks joined in 1995 when it changed its name to CoBank ...
The Farm Credit Act of 1933 (48 Stat. 257) was first passed on June 16, 1933, the last day of President Franklin D. Roosevelt's "Hundred Days" initiative, an effort by his administration to quickly put in place measures to fight the Great Depression. The Act eliminated earlier provisions relating to government capitalization of the System, and ...
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related to: farm credit administration website