Farm Credit System (FCS)
Contents
Exploring the Farm Credit System (FCS): A Vital Resource for American Agriculture
Understanding the Farm Credit System (FCS)
Dive into the intricacies of the Farm Credit System (FCS), a nationwide network of cooperative banks and associations dedicated to providing financial services to the agricultural community. Discover how the FCS supports individuals and businesses across the United States, ranging from small family farms to large corporations.
The Functionality of the Farm Credit System
Uncover the inner workings of the FCS, comprised of 72 independent and customer-owned financial institutions. Learn how these institutions offer crucial funding and services to farmers, ranchers, agribusinesses, and rural home buyers. Explore the diverse range of purposes for which the FCS provides loans, from agricultural processing to rural infrastructure development.
Empowering American Agriculture
Delve into the role of the Farm Credit System in bolstering the agriculture industry with essential resources and financial products. Understand how the FCS contributes to the competitiveness of American agriculture in global markets while supporting rural communities and promoting economic vitality.
Tracing the History of the Farm Credit System
Trace the roots of the Farm Credit System back to its inception in 1916 with the establishment of the Federal Land Bank System (FLB). Explore its evolution through the Great Depression and subsequent legislative milestones, culminating in its transformation into a self-funding entity owned by its member-borrowers.