Farm Credit Administration Annual Report on the Farm Credit System, 2008

摘要

This is the Farm Credit Administration (FCA) Fiscal Year 2008 annual report on the Farm Credit System (FCS). The Farm Credit Administration (FCA or Agency) is an independent agency within the executive branch of the U.S. Government. Its mission is to ensure a safe, sound, and dependable source of credit and related services for agriculture and rural America. It is responsible for regulating and supervising the banks, associations, and related entities in the Farm Credit System (FCS or System). The Agency also oversees the Federal Agricultural Mortgage Corporation (Farmer Mac). The FCS is a nationwide network of borrower-owned financial institutions that provide credit to farmers, ranchers, and agricultural and rural utility cooperatives. Farmer Mac provides secondary market liquidity to lenders that originate agricultural mortgages. The FCA is responsible for ensuring a dependable source of credit for agriculture and rural America.