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'''Farm Credit System Insurance Corporation (FCSIC)''' is a government-controlled corporation established to insure the debt obligations of the [[Farm Credit System]] (FCS), providing a safety net for investors in FCS securities and ensuring credit availability to America's agricultural sector. {{Official URL (simple)|url=https://www.fcsic.gov}} ==Mission== The Farm Credit System Insurance Corporation's mission is to insure the timely payment of principal and interest on debt securities issued by Farm Credit System banks. This insurance helps to maintain investor confidence and supports the FCS in providing a dependable source of credit to farmers, ranchers, and other agricultural borrowers. ==Parent organization== FCSIC does not have a parent organization; it operates independently but is closely associated with the Farm Credit System, managed by the Farm Credit Administration. ==Legislation== The FCSIC was established by the [[wikipedia:Agricultural Credit Act of 1987|Agricultural Credit Act of 1987]]. ==Partners== * [[wikipedia:Farm Credit System|Farm Credit System]] * [[Farm Credit Administration]] ==Number of employees== FCSIC has around 10 employees. ==Organization structure== *'''Board of Directors''' consists of members who also serve on the Farm Credit Administration Board, ensuring policy alignment between insurance and regulatory oversight. *'''Risk Management Division''' is responsible for assessing and managing risks associated with the insurance of FCS debt. ==List of programs== * Insurance of FCS debt securities * Management of the [[Farm Credit Insurance Fund]] ==Last total enacted budget== FCSIC does not have a traditional budget as it is funded through premiums collected from Farm Credit System banks. ==Leader== The leader of FCSIC holds the title of Chairman of the Board. ==Services provided== FCSIC insures the timely payment of principal and interest on debt securities issued by FCS banks, thereby protecting investors and ensuring that credit remains available for agricultural borrowers. The corporation also manages the Farm Credit Insurance Fund, which is used to fulfill these obligations if a bank cannot. ==Regulations overseen== FCSIC does not oversee regulations but operates under the oversight of the Farm Credit Administration, which sets regulations for the Farm Credit System. ==Headquarters address== 1501 Farm Credit Drive, McLean, VA 22102, USA ==Website== https://www.fcsic.gov/ ==Wikipedia article== [[wikipedia:Farm Credit System Insurance Corporation]] ==External links== * https://www.fcsic.gov/ * [[wikipedia:Farm_Credit_System|Farm Credit System on Wikipedia]] [[Category:Government Corporations]]