Farm Credit Administration

Farm Credit Administration
(FCA)
   Established by executive order in March 1933 and confirmed by the Federal Credit Act on 16 June 1933 as part of the legislation introduced in the “First Hundred Days” of the New Deal to tackle the agricultural crisis, the FCA established a central bank for cooperatives and 12 regional banks that could make loans to provide production credit, refinance farm mortgages, and repurchase properties. By 1940, the agencies supervised by the FCA had lent some $6.87 million. In 1939, the FCA was transferred to the Department of Agriculture.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

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  • Farm Credit Administration — The Farm Credit Administration is an independent agency of the Executive Branch of the United States Government. It regulates and examines the banks, associations, and related entities of the Farm Credit System, a network of borrower owned… …   Wikipedia

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  • Farm Credit Administration — A federal agency in the Department of Agriculture with facilities to be expanded in time of economic depression in agriculture and utilized for the refinancing of farm indebtedness. 12 USC §§ 636 1148d …   Ballentine's law dictionary

  • Farm Credit System — The Farm Credit System is a network of borrower owned cooperative lending institutions and related service organizations in the United States serving all 50 states and Puerto Rico. These institutions provide credit and related services to farmers …   Wikipedia

  • Farm Credit Bank of Texas — articleissues|article=y unreferenced=March 2008 orphan=August 2008Farm Credit Bank of Texas, located in Austin, Texas, is a wholesale financing institution that is part of the nationwide Farm Credit System. The Congressionally mandated mission of …   Wikipedia

  • Farm Credit Act, 1933 —    The Farm Credit Act was passed on 16 June 1933 to make loans to farmers available through production credit corps, and it established the Farm Credit Administration to oversee its operation.    See also Agriculture …   Historical Dictionary of the Roosevelt–Truman Era

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  • Federal Farm Credit System — Consists of the Federal land banks, the Federal land bank associations, the Federal intermediate credit banks, the production credit associations, the banks for cooperatives, and such other institutions as may be made part of the system. The farm …   Black's law dictionary

  • Federal Farm Credit System — Consists of the Federal land banks, the Federal land bank associations, the Federal intermediate credit banks, the production credit associations, the banks for cooperatives, and such other institutions as may be made part of the system. The farm …   Black's law dictionary

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