Farm Credit Services nixes purchase

Laws, Forest
November 2004
Southeast Farm Press;11/17/2004, Vol. 31 Issue 26, p7
Trade Publication
The article reports that the Farm Credit Services of America has decided to back out of its purchase agreement with Dutch-based Rabobank International. The agreement would have marked the first sale of a member institution to a private lender in the 80-year history of the Farm Credit System, the national network of farmer-owned federal land banks and farm credit services cooperatives. The Farm Credit Council, the national trade association representing Farm Credit institutions, said the decision to terminate the acquisition agreement was a step that "reaffirmed the value of the cooperative's mission of service to Midwestern farm and ranch families."


Related Articles

  • New twist in loan participation. Walton, R.L. // Banking;Nov72, Vol. 65 Issue 5, p44 

    Discusses an innovative approach in loan participation established in order for a country bank to compete with the Farm Credit System. Details of how the group participation approach was conceptualized; Conditions of a participation arrangement; Discussion on how the plan works.

  • Cooperative Banks and a Problem of Adverse Selection in Agricultural Credit Market. Danilowska, Alina // Economic Science for Rural Development Conference Proceedings;2012, Issue 28, p176 

    The aim of the paper is to examine how the cooperative banks in Poland consider the role of the informal information and reputation of farmers in overcoming the problem of adverse selection on agricultural credit market. The information from the author's survey was used in the analysis. The...

  • News for Country Bankers.  // Banking;Nov69, Vol. 62 Issue 5, p68 

    Presents news briefs on issues related to banking as of November 1969. Increase in bank farm loans; Agricultural credit program initiated by Marine Midland Trust Co. of Western New York, Buffalo.

  • Rural Banks and Farm Loan Participation. Barry, Peter J. // American Journal of Agricultural Economics;May78, Vol. 60 Issue 2, p214 

    Banking theory is used to develop a static, certainty model for evaluating profitability of farm loan participations for rural banks. Techniques are developed and applied to measure empirically the effects of participations on rural bank earnings attributed to farmer customer relationships and...

  • Woes worsened in '94 for ag lenders already behind the eight ball. Bronstien, Barbara F. // American Banker;6/26/1995, Vol. 160 Issue 121, p10 

    Reports on the increase in portfolios of farm banks in the United States with the highest ratio of bad loans in the United States. Improvements in asset quality; Increase in noncurrent farm loans; Financial status of several farm banks.

  • Could Ag Loans Become The Next Group to Fall? Malakian, Anthony // American Banker;9/10/2009, Vol. 174 Issue 170, p8 

    The article reports that agricultural loans are performing better than other credits and bankers are worried that regulators will overreact because of the signs of weakness. Regulators are preparing themselves for more failures of agricultural focused banks, according to the article. The effect...

  • Ag portfolios strong, although dairy conditions vary.  // North Western Financial Review;6/15/2007, Vol. 192 Issue 12, p22 

    The article focuses on a survey conducted by the Wisconsin Bankers Association (WBA) in April 2007 about farm credit services' (FCS) loan products. WBA surveyed 52 agricultural bankers wherein 81% of them related an increase in FCS loans, while 77% noted an increase in FCS housing loans....

  • Farm banks increased ag loans, added jobs in 2011.  // Southeast Farm Press Exclusive Insight;3/28/2012, p1 

    The article discusses the status of the relationship of the banking and the agriculture industries as of March 28, 2012. According to the American Bankers Association's annual Farm Bank Performance Report, the banking industry still serves as the major source of agricultural credit. In 2011,...

  • Proposed sale of Farm Credit System lender to Dutch bank ignites controversy.  // Rural Cooperatives;Sep/Oct2004, Vol. 71 Issue 5, p7 

    The article reports that a proposal to sell one of the nation's leading Farm Credit System lenders to a Dutch cooperative bank has sent a shockwave throughout the nation's farm cooperative and agricultural credit communities. The charter of the Farm Credit System was revised in the late 1980s so...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics