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ABA works on behalf of its agricultural and rural member banks to support economic development and growth for rural America's communities. ABA's positions include: opposing unfair competition by — and expansion of — the Farm Credit System (a government-sponsored enterprise); advocating for tax proposals that would encourage lending in rural areas by FDIC-insured banks; and promoting farm and rural development legislation that will increase the ability of banks to serve agricultural customers and their communities.

The Farm Credit System specifically is focused on an expansion-oriented agenda — the Horizons Project — that seeks to change the GSE's mission from helping meet the credit needs of bona fide farmers ranchers to lending to anyone, anywhere. This tax-advantaged, retail lending GSE competes directly with ABA member banks. ABA will be carefully monitoring and commenting on Farm Credit System developments.

TESTIMONY

• Testimony of Jeff Greenlee before House Agriculture Conservation-Credit Subcommittee March 27, 2007 (PDF)
• Testimony of Dennis Everson before the Senate Agriculture Committee
  June 13, 2006 (PDF)
• OFI Lending Statement of Jeff Plagge at the Farm Credit Administration Public Meeting (PDF) August 3, 2001
• Testimony of Terry Hague to the Subcommittee on Conservation, Credit, Rural Development, and Research - Committee of Agriculture, U.S. House of Representatives (PDF) June 20, 2001
• Testimony of Gary Canada to the Committee on Agriculture, U.S. House of Representatives (PDF)
• Testimony of Phillip Burns to the Committee on Agriculture, U.S. House of Representatives (PDF)
• Testimony of Phillip Burns to the Committee on Agriculture, Nutrition and Forestry, U.S. Senate (PDF)
• Testimony of Dennis Everson on the FCS National Charter Proposal (PDF)
• Testimony of Terry Hague to the Committee on Agriculture, U.S. House of Representatives
• Testimony of Dale E. Pohlmann before the Farm Credit Administration - 11/02 - PDF
• FCA Proposed Eligibility Rule
  Sample Comment Letter to the Farm Credit Administration
  Regarding Scope and Eligibility. Letters are due to FCA by October 29, 2003
• Testimony of Michael Firestine Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Timothy Ohlde Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Gayle Kaalberg Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Dale Pohlmann Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Dwight Hossle Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Bert Ely Before The Farm Credit Administration Board
  June 26, 2003 PDF
• Testimony of Roger D. Monson Before The Subcommittee on Conservation, Credit, Rural Of Representatives September 29, 2004
• Testimony Of Roger Monson House Ag 10/03

• For Bankers (PDF)
• For State Associations
• Action Alert: Ask Your Senators to Oppose FCS Expansion
• ABA Memo to Senate Agriculture Committee Opposing FCS Expansion (Oct. 2, 2007)
• Joint Letter to Senate Agriculture Committee Opposing FCS Expansion (Sept. 25, 2007)
• ABA Memo to House re Frank-Bachus Amendment (July 26, 2007)
• ABA-State Assn. Letter to House re Frank-Bachus Amendment (July 25, 2007)
• Joint Trades Letter to House re Frank-Bachus Amendment (July 24, 2007)
• Farm Eligibility and Scope of Financing for Farm Related Business
  Comment Letter
• FSA Comment Letters Needed By July 14
• ABA Comment Letter: Farm Credit Administration Proposed Rule On Termination
  of System Status Filed on March 10, 2006 PDF
• ABA Comment Letter on FCS Service to Young, Beginning, and Small Farmers
  and Ranchers 12/02 - PDF
• Comment Letter on Farm Storage Facility Loan Program
• ABA Comment Letter:
  FSA Guaranteed Loan Fees and Pledging FSA Guaranteed Loans June 23, 2004
• Farm Bank Performance Report 2003
• ABA Comment Letter on USDA, FSA Proposed Family Farm Definition April 8, 2004
• Oppose USDA, Farm Service Agency Proposed Family Farm Definition Sample Letter
• FCA Comment Letter Young, Beginning and Small Farmers PDF
• FCA Trust Service Final Comment 10/20/03
• ABA Comment on The FCA Farmers' Notes Proposed Rule of September 14, 2004 Comment Letter 10/14/04
• ABA Comment Letter, January 3, 2005 - Comment Letter - PDF
  FCS Loan Policies, Operations, Funding, Investments, Liquidity and Divestiture
• Revisions to Implement 2002 Farm Bill - Comment Letter
• ABA Comment Letter on FSA PLP Program Flexibility
  and Payment of Accrued Interest During Chapter 7
• FSA Interest Assist ABA Comment Letter August 24, 2005

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Questions? Please contact John Blanchfield for more information.