The Farm Credit System — Financially Strong, Cooperatively Owned, Fulfilling Its Mission
The Farm Credit System was established by Congress in 1916 to provide sound, dependable credit for U.S. agriculture and rural America.
- A federally chartered network of borrower-owned lending institutions, comprised of cooperatives and related service organizations
- A Congressionally set mission to improve quality of life on the farm and in rural America through competitive lending, financial services, and sound business advice
- More than $191 billion in loans as of December 31, 2012
- 82 local, direct-lending associations, serving all 50 states and Puerto Rico
- Farm Credit provides sound and dependable credit, in good times and bad, to agricultural producers, cooperatives and farm-related businesses, agricultural processing and marketing activities, rural housing, rural utilities and to support agricultural exports
Cooperatives are organizations that are owned and controlled by their members who use the cooperative’s products or services — find out more about Farm Credit’s cooperative structure
Our Mission of Service to U.S. Agriculture and Rural America
Our mission is to provide sound and dependable credit to American farmers, ranchers, producers or harvesters of aquatic products, their cooperatives, and certain farm-related businesses. We do this by making appropriately structured loans to qualified individuals at competitive rates and providing financial services and advice to those persons and businesses.
Consistent with our mission of serving rural America, we also make rural residential real estate loans, finance rural communication, energy and water infrastructures, and make loans to support agricultural exports and to finance other eligible entities.