Federal Farm Credit Bank

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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 ?
Instead, it would operate more like the (hold your breath) Federal Farm Credit Banks Funding Corporation (FFCBFC).
July 1, 1983: The Federal Farm Credit Banks Funding Corporation is created to efficiently channel funds from the global capital markets to support Farm Credit lending to rural communities and agriculture.
The wholesale banks include three Farm Credit Banks (AgriBank, AgFirst, and FCB of Texas) and one Agricultural Credit Bank (CoBank).
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.
high cooperative support from the other Federal Farm Credit Banks and 3)
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.
On behalf of the Farm Credit System, the chief executives of the nation s four Farm Credit banks issued a joint statement today pledging to stand by farmers, ranchers, cooperatives and other agricultural borrowers grappling with severe drought conditions across the country.
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.
Moody's has also put on review for possible downgrade the Aaa ratings of financial institutions directly linked to the US government including Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Federal Farm Credit Banks.
Edwards, including investments in the Federal Farm Credit Banks, Federal Home Loan Banks and the Federal Home Loan Mortgage Co.
I've served on the boards of commercial and farm credit banks, an insurance company, a manufactured housing company, a huge public utility, a fuel cell company, a real estate management firm, a buyout fund, an investment advisory firm and a group of mutual funds.
NEW YORK -- Fitch Ratings has assigned the Federal Farm Credit Banks a short-term debt rating of 'F1+'.

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