Federal Farm Credit Bank


Also found in: Acronyms.

Federal Farm Credit Bank

An institution created by the government with the purpose of uniting the financing activities of the Federal Land Banks, the Federal Intermediate Credit Banks, and the banks for cooperatives. See: Federal Farm Credit System.

Federal Farm Credit Bank

A bank that provides loans for agricultural or other rural use. Most loans from federal farm credit banks are for commercial agriculture, but they also finance personal and recreational projects. They also issue short-term securities to finance their activities. Federal farm credit banks form part of the Farm Credit System. See also: Farm Credit Act, Farmer Mac, Agency bond.

Federal Farm Credit Bank

A federally sponsored financing organization intended to consolidate operations of the Banks for Cooperatives, the Federal Intermediate Credit Banks, and the Federal Land Banks. The Federal Farm Credit Bank issues short-term securities that trade in the secondary market.
References in periodicals archive ?
NEW YORK -- Fitch Ratings has assigned the Federal Farm Credit Banks a short-term debt rating of 'F1+'.
Subscribers also include The Farm Credit Council and these related service organizations: Federal Farm Credit Banks Funding Corporation, Farm Credit Leasing and Financial Partners.
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.
AgBank, FCB, AgriBank, FCB and Farm Credit Bank of Texas) jointly own the Federal Farm Credit Banks Funding Corporation (Funding Corp.
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.
The Stable Outlook also considers AgFirst'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.
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.

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