GETTING TO KNOW FARM CREDIT LENDING SUPPORT TO RURAL AMERICA Farm Credit was created by Congress in 1916 with a mission to provide sound, dependable funding for agriculture and rural America. FARM CREDIT FACTS & FIGURES
MEMBER BORROWERS
• Over $200 billion in loans • Nearly 500,000 member-borrowers • More than 13,000 employees • Serves every county in the U.S. and Puerto Rico FARM CREDIT’S UNIQUE STRUCTURE
RETAIL ASSOCIATIONS
• Nearly 80 retail lenders nationally • Four wholesale banks serving the retail associations • Federal Farm Credit Banks Funding Corporation issues Consolidated Systemwide Debt Securities to fund loan portfolio • Regulated by the Farm Credit Administration • Insured by the Farm Credit System Insurance Corporation – the System has never used the fund for repayment of principal or interest
WHOLESALE BANKS FARM CREDIT CUSTOMERS • • • •
$ FEDERAL FARM CREDIT BANKS FUNDING CORPORATION
Farmers Agribusinesses Cooperatives Timber Harvesters
• • • •
Ranchers Rural Homeowners Rural Utilities Aquatic Producers
LENDING SUPPORT TO RURAL AMERICA Beyond making loans, Farm Credit associations offer:
DOMESTIC AND INTERNATIONAL INVESTORS
• Real Estate Financing
• Operating Financing
• Leasing
• Equipment Financing
• Real Estate Appraisals
• Crop Insurance
• Business & Succession Planning Support
• Young, Beginning & Small Producer Programs
KEY OWNERSHIP
FUNDS
For more information, visit www.farmcredit.com or email
[email protected]
