News from the Council
Farm Credit Recognizes Outstanding 4-H Youth
September 12, 2016
Farm Credit today recognized 4-H youth from seven different states for outstanding achievement and initiative to significantly improve and enhance their local communities. The winners of the Grow Community Change Challenge were announced during the National 4-H Council’s Citizenship Washington Focus (CWF) in June and July and their work is now being shared nationally.
Federal Regulator Receives Report Detailing Farm Credit’s Increased Lending to Beginning Farmers and Ranchers
June 9, 2016
The Farm Credit Administration today reviewed Farm Credit’s 2015 financing of beginning farmers and ranchers, which includes significant increases across multiple metrics: the number of beginning farmers served, the number of new loans, the average size of loans, and the total amount of financing provided to this important agricultural sector.
Brittany Jablonsky Joins The Farm Credit Council As Director of National Contributions and Stakeholder Relationships
June 15, 2015
Brittany Jablonsky has joined The Farm Credit Council as its new director of national contributions and stakeholder relationships. In this position, she will manage the Farm Credit System’s National Contributions Program, which distributes funds in support of organizations and activities that help ensure a vibrant, economically thriving rural America, today and for generations to come.
Council Debunks Bankers' Myths in Letter to House and Senate Agriculture Leaders
February 5, 2015
In a letter to the leaders of the House and Senate Agriculture Committees, The Farm Credit Council debunked a number of misleading arguments that commercial banking industry lobbyists have been spreading about the Farm Credit System.
Farmer Veteran Coalition To Host National Stakeholders Conference November 14 - 15, 2014
August 6, 2014
The Farmer Veteran Coalition, in coordination with the Drake University Agricultural Law Center, will host a first-of-its-kind national gathering for organizations that serve military veterans pursuing food, farming, and agricultural careers. The Farmer Veteran National Stakeholders Conference empowers organizations to collaborate and provide support to veterans engaged in agriculture.
The Farm Credit Council is a proud partner of The Farmer Veteran Coalition.
Debunking Commercial Bankers’ Claims, Council Seeks to Correct Hearing Record
July 15, 2014
In a letter sent July 14 to members of the House Agriculture Committee’s Subcommittee on Livestock, Rural Development and Credit, The Farm Credit Council took issue with testimony provided by commercial bankers at a June 25 hearing that was highly inaccurate and deceptive. In setting the record straight, the Council addressed several of the commercial bankers’ misleading arguments, including misstatements of the Farm Credit System’s statutory mission; its record of service to young, beginning and small farmers and ranchers; Farm Credit’s GSE status; and the marketplace competition provided by Farm Credit which benefits agricultural and rural borrowers.
Farm Credit Remains Strong, Vital Credit Source For U.S. Agriculture and Rural America
June 26, 2014
The Farm Credit System remains financially strong, economically vital, and focused on fulfilling its mission of service to U.S. agriculture and rural America, said Bob Frazee, CEO of MidAtlantic Farm Credit, in testimony June 25 before a House Agriculture subcommittee.
“We continue to make credit available to all segments of agriculture, including commercial producers as well as young, beginning and small farmers and ranchers,” said Frazee, who testified at the hearing to examine rural credit conditions held by the House Agriculture Committee's Subcommittee on Livestock, Rural Development and Credit.
Farmer Veteran Coalition Launches Homegrown By Heroes National Certification Label
May 15, 2014
The Farmer Veteran Coalition announced May 14 the national launch of the Homegrown By Heroes initiative. This product labeling program will allow farmers, ranchers, fishermen, and the like from all 50 states and U.S. territories who have served or are still serving in any branch of the U.S. military the ability to use the logo on their agricultural products.
USDA Announces $150 Million Investment Fund to Grow Small Businesses, Create Jobs in Rural America
April 21, 2014
This new partnership between Farm Credit institutions and Advantage Capital, a leading growth capital and small business finance firm, brings together resources and people that are focused on providing more private capital, small business investment and quality jobs to rural America.
The Farm Credit Council Board of Directors Re-Elects Mary Fritz as Board Chair
February 20, 2014
At its recently completed organizational meeting, the Board of Directors of The Farm Credit Council re-elected Mary Fritz of Chester, Montana, as Board Chair and Curtis Hancock of Fulton, Kentucky, as Vice Chairman.
Farm Credit by the Numbers
Number of Loans at Dec. 31, 2015
Farm Credit Customers Nationwide
- $235 billion
Total Loan Volume at Dec. 31, 2015
- $11.8 billion
New Loans to Small Farmers and Ranchers in 2014