Federal Farm Credit Bank

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.

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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.