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PrintAgriculture and Rural Development
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
LETTERS
National Charters Sample Letters:
Comment Letter
of System Status Filed on March 10, 2006 PDF
and Ranchers 12/02 - PDF
FSA Guaranteed Loan Fees and Pledging FSA Guaranteed Loans June 23, 2004
FCS Loan Policies, Operations, Funding, Investments, Liquidity and Divestiture
and Payment of Accrued Interest During Chapter 7
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Questions? Please contact John Blanchfield for more information.
