Production Credit Associations

E155608

Production Credit Associations were cooperative financial institutions in the U.S. Farm Credit System that provided short- and intermediate-term loans to farmers and ranchers.

All labels observed (2)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf Farm Credit System institution
cooperative financial institution
businessModel cooperative lending
capitalization member stock ownership
country United States of America
surface form: United States
creditProduct revolving lines of credit
seasonal operating loans
financingType equipment loans
livestock loans
operating loans
production loans
fundingSource Federal Intermediate Credit Banks
surface form: Federal Intermediate Credit Bank
geographicScope local service territory
regional service territory
governance member-elected board of directors
hasMainFunction provide intermediate-term credit to farmers
provide short-term credit to farmers
historicalChange many merged into Agricultural Credit Associations after 1987 reforms
interestRateBasis cost of funds from Farm Credit funding mechanisms
legalStatus federally chartered instrumentality
lendingHorizon intermediate-term loans
short-term loans
loanSecurity secured by equipment
secured by farm assets
secured by livestock
mission provide reliable credit to agriculture
support rural communities and agriculture
organizationalForm cooperative
organizationalType member-owned cooperative
ownership borrower-owned
partOf federal farm credit system
surface form: Farm Credit System
profitDistribution patronage refunds
regulatoryFramework Farm Credit Act of 1933
Farm Credit Act of 1971
relatedTo Farm Credit Banks
surface form: Agricultural Credit Association

Farm Credit Banks
surface form: Farm Credit Bank

Federal Land Bank Association
riskFocus agricultural lending risk
sector agricultural credit
rural finance
servedClient farmers
ranchers
servedIndustry agriculture
supervisedBy Farm Credit Administration
typicalLoanPurpose crop production expenses
farm equipment purchase
farm operating expenses
livestock feeding and care

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Farm Credit Act of 1933 reorganized Production Credit Associations
federal farm credit system hasComponent Production Credit Associations
subject surface form: Federal Farm Credit System
this entity surface form: Agricultural Credit Associations
federal farm credit system hasComponent Production Credit Associations
subject surface form: Federal Farm Credit System
Federal Land Banks relatedTo Production Credit Associations
Federal Intermediate Credit Banks relatedTo Production Credit Associations