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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Despite its 2004 failed marriage to the Omaha-based Farm Credit Bank of America, Rabobank continues to expand its agricultural loan portfolio in California and Corn Belt states, prime markets that neither the Farm Credit System, finance companies like Deere Credit or local banks want to concede. That Farm Credit bank serves 40,000 borrowers in Arizona, California, Colorado, Hawaii, Idaho, Kansas, Nevada, New Mexico, Oklahoma and Utah. a chartered farm credit bank operating in Iowa, South Dakota, Nebraska and Wyoming. |
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