Farm Credit System

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Farm Credit System

The oldest government-sponsored enterprise (GSE) (www.farmcreditffcb.com) in the country, created in 1916. It is a nationwide network of borrower-owned lending institutions and affiliated service entities that makes loans to agricultural and rural borrowers.The members do not take deposits.The funds for loans are obtained through the issuance of Farm Credit debt securities on a worldwide basis in the domestic and global capital markets.

References in periodicals archive ?
cooperatives and Farm Credit banks and proud that we've been able to carry the co-op banner overseas.
The issue was launched via the Federal Farm Credit Banks Consolidated Systems Bond Program, Reuters said.
CoBank and the nation's three other Farm Credit banks issued a joint statement saying that despite the challenges presented by the drought, the Farm Credit System remains well positioned to meet the financial needs of the farmers, ranchers, cooperatives and other rural borrowers.
NEW YORK -- The Federal Farm Credit Banks Funding Corporation (FFCB), the funding arm of the Farm Credit System, announced yesterday that Tracey McCabe will replace Jamie B.
The Funding Corporation's Board considered many extraordinary candidates during the search for Jamie's replacement," said Less Guthrie, the Federal Farm Credit Banks Funding Corporation board chair.
BANKING AND CREDIT NEWS-22 June 2010-Federal Farm Credit Banks Funding Corp announces CEO retirement(C)1994-2010 M2 COMMUNICATIONS http://www.
Further, the Stable Outlook considers CoBank's ability to meet its mission of providing for the funding and liquidity needs of its constituency given a short-term disruption in its access to funding via the Federal Farm Credit Banks Funding Corporation, the funding arm of the Farm Credit System (FCS).
Moreover, the Stable Outlook considers AgriBank's ability to meet its mission of providing for the funding and liquidity needs of its agricultural district given a short-term disruption in its access to funding via the Federal Farm Credit Banks Funding Corporation, the funding arm of the FCS.
Membership: 20 cooperativas, farm credit banks and other ag organizations
Also, owing to its reliance on funding through the Farm Credit System (FCS), a government sponsored entity (GSE), AgFirst, as have the other Farm Credit Banks (FCBs), adopted prudent contingent liquidity and funding plans.
Engel serves on the board of directors for the Federal Farm Credit Banks Funding Corporation, Farm Credit Leasing Services Corp.
Council membership is comprised of five district Farm Credit Councils and five Farm Credit banks, whose membership in turn, comes from nearly 100 direct lending associations across the country.

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