Agricultural Credit Association: Difference between revisions

The mission of ACAs is to deliver financial solutions that support the agricultural community and rural residents. By offering short-, intermediate-, and long-term loans, ACAs help farmers and rural businesses invest in their operations, improve their housing, and contribute to the economic vitality of rural areas.<ref>{{cite web |url=https://www.fca.gov/about/what-we-do/fcs-institutions |title=Description of FCS Institution Types |publisher=Farm Credit Administration |access-date=January 27, 2025}}</ref>[](https://www.fca.gov/bank-oversight/description-of-fcs-institution-types)

Each Agricultural Credit Association is part of the **Farm Credit System**, a cooperative network that supplies credit and financial services to agriculture and rural America.<ref>{{cite web |url=https://www.farmcredit.com/ |title=Farm Credit System |publisher=Farm Credit System |access-date=January 27, 2025}}</ref>[](https://www.fca.gov/bank-oversight/about-banks-and-associations)

The creation of Agricultural Credit Associations was authorized by the **Agricultural Credit Act of 1987**, which facilitated the merger of Federal Land Bank Associations with Production Credit Associations to create ACAs.<ref>{{cite web |url=https://www.fca.gov/about/what-we-do/fcs-institutions |title=Description of FCS Institution Types |publisher=Farm Credit Administration |access-date=January 27, 2025}}</ref>[](https://www.fca.gov/bank-oversight/description-of-fcs-institution-types)

- Various Farm Credit Banks for funding.

- Other Farm Credit System institutions for cooperative initiatives.