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.

References in periodicals archive ?
rating of Federal Farm Credit Banks' (Farm Credit System) long-term debt,
Tracey McCabe, president and CEO of the Federal Farm Credit Banks Funding Corp, said that strong global and domestic demand for US agricultural products continued throughout 2012, bolstering the earnings of agricultural producers and contributing to solid earnings recognized by the System.
So, she led a team to develop an interactive website for external stakeholders, including customers, media, regulators, global investors and members of Congress, and a first-of-its-kind extranet to connect and provide national resources to Farm Credit banks and associations across the country.
cooperatives and Farm Credit banks and proud that we've been able to carry the co-op banner overseas."
CoBank and the nation's three other Farm Credit banks issued a joint statement saying that despite the challenges presented by the drought, the Farm Credit System remains well positioned to meet the financial needs of the farmers, ranchers, cooperatives and other rural borrowers.
Moody's applied the same action also to Fannie Mae, Freddie Mac, the Federal Home Loan Banks and the Federal Farm Credit Banks, which are viewed as linked to the government, as well as to related bonds, including bonds of Israel and Egypt benefiting from a US cover.
17 January 2010 -- Barclays (LON:BARC), Credit Suisse (VTX:CSGN) and Jefferies (NYSE:JEF) have lead-managed The Federal Farm Credit Banks Funding Corp's (FFCB) issue of USD1.3bn (EUR978m) designated bonds, Reuters reported.
Stewart Jr., president and CEO of the Federal Farm Credit Banks Funding Corporation.
BANKING AND CREDIT NEWS-22 June 2010-Federal Farm Credit Banks Funding Corp announces CEO retirement(C)1994-2010 M2 COMMUNICATIONS http://www.m2.com
* Best of NAMA judges include (their employer at the time): Phil Johnson (Farm Credit Banks), Burke Johnson (Rumrill-Hoyt), John Larkin (The John Volk Co.), Lou Ireland (Pioneer Hi-Bred), and Jim Evans (University of Illinois).
Engel serves on the board of directors for the Federal Farm Credit Banks Funding Corporation, Farm Credit Leasing Services Corp.
Council membership is comprised of five district Farm Credit Councils and five Farm Credit banks, whose membership in turn, comes from nearly 100 direct lending associations across the country.

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