On this day in 1933, President Franklin D. Roosevelt signed an executive order consolidating the nation’s agricultural credit functions under one federal agency – the Farm Credit Administration. Before the creation of the FCA, the federal government’s agricultural credit resources were scattered across the executive branch: -The Secretary of Agriculture administered crop production and seed loan offices -The Federal Farm Loan Board supervised federal land banks and federal intermediate credit banks -The Federal Farm Board loaned funds to cooperative associations -The regional agricultural credit corporations provided emergency financing Today, the FCA regulates institutions responsible for $429 billion in lending to American farmers and ranchers.
About us
The Farm Credit Administration (FCA) is an independent Federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS), including the Federal Agricultural Mortgage Corporation (Farmer Mac). The FCS is the largest agricultural lender in the United States. It is a nationwide network of lending institutions that are owned by their borrowers. It serves all 50 States and Puerto Rico. The FCS provides credit and other services to agricultural producers and farmer-owned cooperatives. It also makes loans for the following: - Agricultural processing and marketing activities - Rural housing - Certain farm-related businesses - Agricultural and aquatic cooperatives - Rural utilities - Foreign and domestic companies involved in international agricultural trade Our headquarters, as well as a field office, are located in McLean, Virginia. We also have field offices in Bloomington, Minnesota; Dallas, Texas; Denver, Colorado; and Sacramento, California. FCA is an equal opportunity employer. Our privacy policy is available at https://www.fca.gov/required-notices/web-site-notices-and-policies.
- Website
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http://www.fca.gov
External link for Farm Credit Administration
- Industry
- Government Relations Services
- Company size
- 201-500 employees
- Headquarters
- McLean, VA
- Type
- Government Agency
- Founded
- 1933
Locations
Employees at Farm Credit Administration
Updates
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Former Chairman and CEO and current Board Member Vincent Logan has announced his plans to retire from federal service at the end of March. We thank him for his lasting contributions to FCA. Learn more about his legacy in our news release at https://lnkd.in/eaP9mdNK
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Read our news release following our March board meeting: FCA board receives report on avian flu. https://lnkd.in/et67t5KE Videorecording available on YouTube: https://lnkd.in/exs-mgA4
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The March 13 FCA board meeting agenda includes a report on avian flu. It will be a hybrid physical/virtual meeting. https://lnkd.in/dNAZ4pZ
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Read our news release following our February board meeting: FCA board approves regulatory burden final notice. https://lnkd.in/eg6-_mmG Videorecording available on YouTube: https://lnkd.in/eu4AMQm4
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Last week, FCA Chairman Jeff Hall stressed the importance of the Farm Credit System's safety and soundness at the @FarmCredit Annual Meeting in San Antonio: "In agriculture, a key requirement for long-term prosperity is good credit. That’s what makes your mission as lenders and our mission as regulator so important." You can read Chairman Hall’s full remarks at https://lnkd.in/gBh23YHC
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The Feb. 13 FCA board meeting agenda includes a final notice on regulatory burden. It will be a hybrid physical/virtual meeting. https://lnkd.in/dNAZ4pZ
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Read our news release announcing the designation of Jeffery S. Hall as FCA board chairman and CEO. https://lnkd.in/eKfhi-D7
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Today, we celebrate and honor Dr. King’s legacy and his commitment to ensuring equality and justice for all. Happy #MLKDay.
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Read our news release following our January board meeting: FCA board receives update on Farm Credit System funding conditions. https://lnkd.in/et7stXS4 Videorecording available on YouTube: https://lnkd.in/eRT8RrBd
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