Farm Credit System


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Farm Credit System:

see Farm Credit AdministrationFarm Credit Administration
(FCA), an independent agency of the executive branch of the federal government that supervises and regulates the Farm Credit System (FCS) for American agriculture.
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References in periodicals archive ?
The Farm Credit System's (FCS ) a negative outlook and (P)Prime-1
Given the government tax and funding advantages that the Farm Credit System institutions enjoy, private sector accounting firms would find it difficult to compete with Farm Credit System institutions in this broad sector of business clients.
A bipartisan group of senators is urging its colleagues to enable more local businesses engaged in alternative energy production to gain access to the Farm Credit System. More power to them.
Figure 4 shows that commercial banks lend the largest portion of the farm sector's total debt (37%), followed by the Farm Credit System (30%), individuals and others (21%), and life insurance companies (5%).
The Farm Credit System (FCS), like the FHLBS, is a government-sponsored enterprise organized on a mutual basis.
Currently, three enterprises are engaged in housing finance (Federal Home Loan Bank System, Fannie Mae and Freddie Mac); [1] two provide farm credit (Farm Credit System and Farmer Mac); [2] and one finances education (Sallie Mae).
The federal farm credit system appears to fit the bottom-line description.
He spent years in and out of court fighting the farm credit system, and managed to hold onto his land only by learning the intracacies of agricultural law with the help of various grassroots farm groups, many of which eventually evolved into patriot organizations.
The Farm Credit System's share grew rapidly during the '60s, maintained about 30 percent of the market throughout the '70s and early '80s, and declined during the late '80s.
Moody's estimates that Fannie Mae, Freddie Mac, the Federal Home Loan Banks, Financing Corporation (FICO), the Farm Credit System and Student Loan Marketing Association (Sallie Mae) have more than $660 billion in loans and more than three-quarters of a trillion dollars in gross debt.
The Farm Credit System bailout bill that Reagan signed the same day will also do little to still the growing insurgency against the system's lending and foreclosure policies, and its plans to centralize its local associations.
Before joining CoBank in 2011, Jacob spent almost 25 years with the Farm Credit Administration, the independent regulator for the Farm Credit System, where he served in a variety of leadership roles within the agency's Office of Examination, Office of Policy and Analysis, and Office of Secondary Market Oversight.

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