Farm Credit Banks
E618367
Farm Credit Banks are regional cooperative financial institutions in the United States that provide funding and credit services to agricultural producers and rural communities as part of the Federal Farm Credit System.
Observed surface forms (3)
| Surface form | Occurrences |
|---|---|
| Agricultural Credit Association | 1 |
| Farm Credit Bank | 1 |
| Farm Credit System banks | 1 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
cooperative financial institution
ⓘ
government-sponsored enterprise ⓘ wholesale bank ⓘ |
| benefitToMembers | patronage refunds ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| distributesFundsTo | local Farm Credit associations ⓘ |
| establishedUnder | Farm Credit Act of 1971 NERFINISHED ⓘ |
| fundingSource | systemwide Farm Credit debt securities ⓘ |
| governance | board of directors elected by member institutions ⓘ |
| guaranteeStatus | not backed by full faith and credit of the United States ⓘ |
| historicalPredecessor |
Federal Intermediate Credit Banks
NERFINISHED
ⓘ
Federal Land Banks NERFINISHED ⓘ |
| industry | financial services ⓘ |
| legalStatus | federally chartered instrumentality ⓘ |
| lendingType |
intermediate-term agricultural credit
ⓘ
long-term agricultural credit ⓘ rural infrastructure lending ⓘ wholesale lending ⓘ |
| mission | provide sound and dependable credit to agriculture and rural America ⓘ |
| offers |
interest rate risk management services to associations
ⓘ
loan participations ⓘ |
| organizationalForm | cooperative ⓘ |
| ownershipStructure | cooperatively owned ⓘ |
| partOf | Federal Farm Credit System NERFINISHED ⓘ |
| primaryClients |
agricultural producers
ⓘ
farmer-owned cooperatives ⓘ other eligible rural borrowers ⓘ rural utilities ⓘ |
| primaryFunction |
issue consolidated systemwide debt securities
ⓘ
provide credit services to agricultural producers ⓘ provide credit services to rural communities ⓘ provide funding to local Farm Credit associations ⓘ |
| purpose |
ensure a dependable source of credit for agriculture
ⓘ
support rural communities and infrastructure ⓘ |
| regulator | Farm Credit Administration NERFINISHED ⓘ |
| relatedTo |
Agricultural Credit Associations
NERFINISHED
ⓘ
Federal Farm Credit Banks Funding Corporation NERFINISHED ⓘ Federal Land Credit Associations NERFINISHED ⓘ Production Credit Associations NERFINISHED ⓘ |
| riskSharing | share credit risk with affiliated associations ⓘ |
| sector |
agricultural finance
ⓘ
rural finance ⓘ |
| serveRegion | multi-state territories ⓘ |
| supervisionBy | Farm Credit Administration NERFINISHED ⓘ |
| taxStatus | subject to federal income tax with certain exemptions ⓘ |
| typeOfBorrower | wholesale borrower from capital markets ⓘ |
Referenced by (6)
Full triples — surface form annotated when it differs from this entity's canonical label.
subject surface form:
Federal Farm Credit System
subject surface form:
Federal Farm Credit System
this entity surface form:
Farm Credit System banks
subject surface form:
Production Credit Association
this entity surface form:
Farm Credit Bank
subject surface form:
Production Credit Association
this entity surface form:
Agricultural Credit Association