The Farm Credit System (FCS) is a federally chartered network of cooperatives and related service organizations that lends to agricultural producers, rural homeowners, farm-related businesses, and agricultural, aquatic, and public utility cooperatives in the United States. Federal oversight by the Farm Credit Administration (FCA) is designed to provide for the safety and soundness of FCS institutions.
Read more about Farm Credit System: Authorization, Mission, Historical Entities
Famous quotes containing the words farm, credit and/or system:
“In common with other rural regions much of the Iowa farm lore concerns the coming of company. When the rooster crows in the doorway, or the cat licks his fur, company is on the way.”
—For the State of Iowa, U.S. public relief program (1935-1943)
“The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didn’t order any credit cards! We don’t spend what we don’t have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?”
—Sarah Louise Delany (b. 1889)
“We now come to the grand law of the system in which we are placed, as it has been developed by the experience of our race, and that, in one word, is SACRIFICE!”
—Catherine E. Beecher (1800–1878)