Farm Credit Administration

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Farm Credit Administration
140px-Farm Credit Administration Seal (USA).png
Founded 1933
Headquarters Washington, D.C.
Products U.S. government farm credit regulation
Web site www.FCA.gov

The Farm Credit Administration was created in 1933 as part of the Agricultural Adjustment Act. The Agency oversees the Farm Credit System and Farmer MAC. In doing so, it oversees major agricultural lenders including some banks.

Function

The Farm Credit Administration was set up to provide a stable source of credit for farmers, ranchers, and rural Americans who had difficulty accessing credit in the late 19th and early 20th centuries. The FCA oversees the Farm Credit System, which provides lending for: Agricultural processing and marketing activities

  • Rural housing
  • farm-related businesses
  • Agricultural and aquatic cooperatives
  • Rural utilities
  • companies involved in international agricultural trade<ref.FCA in Brief. FCA. Retrieved on June 17th, 2015.</ref>

References

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