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.

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the nationwide Farm Credit System, Farm Credit Bank provides loan funds and
Gene Swackhamer, former president of the Farm Credit Bank of Baltimore, sketched a history in which farm credit authority migrated from the U.
Sovereign Rating' (July 18, 2011); --'Fitch Affirms Farm Credit Bank of TX's IDRs at 'AA-/F1+'; Outlook Stable' (Aug.
According to Allen Buckner, vice president of lending services for Farm Credit Bank of Texas, "Today's business environment and the evolving customer, market, and competitive demands we are experiencing convinced us that we needed a technology platform with more sophisticated functionality, that has respectable and growing market share among mid-tier banks like ours, and that can seamlessly support our near- and long-term growth.
AgFirst will offer implementation services for the software, enabling Farm Credit banks and associations to implement the system quickly and economically, and will also offer support services for the software.
AgBank, FCB, AgriBank, FCB and Farm Credit Bank of Texas) jointly own the Federal Farm Credit Banks Funding Corporation, which acts as their agent in the issuance of Federal Farm Credit Banks Consolidated Systemwide debt.
June 21 /PRNewswire/ -- Sprint today announced a new three-year contract with AgFirst Farm Credit Bank, which is a part of the Farm Credit System.
Treasury bills, notes, and bonds, the Student Loan Marketing Association, the Federal Farm Credit Bank, the Federal Deposit Insurance Corporation and the Federal Financing Bank.
AgFirst is a Farm Credit Bank and is one of the five banks in the Farm Credit System (FCS; rated 'AAA/F1+' by Fitch).
In March 2010, AgBank's board approved a plan to determine whether merging with another Farm Credit Bank (FCS) is a better long-term strategy for the bank.
AUSTIN, Texas -- Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, issued $300 million of perpetual non-cumulative preferred stock on Aug.
Colliers International has arranged a long-term, 19,225 s/f lease for Federal Farm Credit Banks Funding Corporation at 101 Hudson Street in Jersey City.

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