Rather, it relies on its New York area-based Federal Farm Credit Banks
Funding Corporation (FFCBFC) to generate its funds to loan.
president and CEO of the Federal Farm Credit Banks
Funding Corporation, noted that the FCS continues to experience strong overall financial performance.
Gene Swackhamer, former president of the Farm Credit Bank
of Baltimore, sketched a history in which farm credit authority migrated from the U.
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.
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