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The Farm Credit Administration is an independent agency of the Executive Branch of the federal government of the United States.It regulates and examines the banks, associations, and related entities of the Farm Credit System, a network of borrower-owned financial institutions that provide credit to farmers, ranchers, and agricultural and rural utility cooperatives, as well as provides ...
The Farm Credit Administration (FCA), an agency of the federal government created in 1933, provides regulatory oversight for the Farm Credit System. The Farm Credit System Insurance Corporation (FCSIC), established by the Agricultural Credit Act of 1987 , insures the timely repayment of principal and interest on FCS debt securities .
Specifically, it authorized the Farm Credit Administration (FCA) to create 12 Production Credit Associations (PCAs) and 12 Banks for Cooperatives (BCs) alongside the 12 established Federal Land Banks (FLBs), as well as a Central Bank for Cooperatives. The Farm Credit Act of 1971 recodified all previous acts governing the Farm Credit System.
National Credit Union Administration (NCUA) ; Farm Credit Administration (FCA) ; Federal Housing Finance Agency (FHFA) ; Securities & Exchange Commission (SEC) ; Commodity Futures Trading Commission (CFTC) ; Public Company Accounting Oversight Board (PCAOB) ; Financial Crimes Enforcement Network (FinCEN) ;
Farm Credit System Reports First Quarter 2013 Combined Results NEW YORK--(BUSINESS WIRE)-- The Farm Credit System today reported that combined net income increased $90 million or 8.6% to $1.142 ...
Glen R. Smith is an American farmer and businessman who serves as a current board member and former chairman of the Farm Credit Administration. [1] In 1982, Smith co-founded Smith Land Service, a company that specializes in farm management, land appraisal, and farmland brokerage services.
The Federal Farm Loan Act of 1916 (Pub. L. 64–158, 39 Stat. 360, enacted July 17, 1916) was a United States federal law aimed at increasing credit to rural family farmers. [ 1 ] [ 2 ] It did so by creating a federal farm loan board, twelve regional farm loan banks and tens of farm loan associations.
Until 2015 she was board chair and CEO of the Farm Credit Administration, [2] a position to which President Barack Obama appointed her. The first person in her family to graduate from college, she earned a B.S. in business administration at Valparaiso University and an M.B.A. and Ph.D. in business at Indiana University. She is a member of the ...