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Federal Land Banks

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Federal Land Bank
A bank that provides loans for agricultural or other rural use. Most loans from federal land banks are for commercial agriculture, but they also finance personal and recreational projects. Federal land banks form part of the Farm Credit System. See also: Farm Credit Act.

Federal Land Banks
Privately owned, government-sponsored organizations that make funds available for farm-related activities. Federal Land Banks secure funds from the Federal Farm Credit Bank, which issues debt securities.


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1939-1 CB (part 1) 55), the leading case in this area, the Board of Tax Appeals held that bonds issued by different federal land banks were not substantially identical because a default by one bank did not give the holder a claim against another in all circumstances.
Diversification risk: Both the FCS's federal land banks of the 1980s and the present-day FHLBanks are restricted geographically in their lending portfolio, and both prevent member institutions from diversifying risk through multiple membership.
a senior analyst with the Federal Land Banks and an actuarial trainee for Bankers Life Insurance Company.
 
 
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