Northwest Farm Credit Services
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Northwest Farm Credit Services (NW FCS) is part of the Farm Credit System, focusing on providing financial and credit services to farmers, ranchers, agribusinesses, commercial fishermen, timber producers, and rural homeowners in the Northwestern United States, including Idaho, Montana, Oregon, Washington, and Alaska. It aims to offer financing solutions that support the growth and sustainability of rural economies.
Mission
The mission of Northwest Farm Credit Services is to support agriculture and rural communities in the Northwest by delivering reliable, consistent credit and financial services. This includes offering tailored financing options to meet the diverse needs of its clientele, from small farms to large agricultural enterprises, ensuring they have the resources to succeed.[1]
Parent organization
Northwest Farm Credit Services is part of the **Farm Credit System**, a network of borrower-owned lending institutions supporting U.S. agriculture and rural communities.[2]
Legislation
While not created by specific legislation, Northwest Farm Credit Services operates under the Farm Credit System, which was established by various Farm Credit Acts over the years.
Partners
- **AgWest Farm Credit** (formerly Northwest Farm Credit Services merged with Farm Credit West to form AgWest in 2023).
Number of employees
The exact number of employees for Northwest Farm Credit Services isn't specified in the provided references, as it merged to form AgWest Farm Credit.
Organization structure
Before its merger, the structure of Northwest Farm Credit Services would have included:
Leader
The leadership role was held by a **President and CEO**.
Divisions
- **Agricultural Lending** for farm and ranch financing. - **Real Estate Division** for rural home loans and land financing. - **Insurance and Leasing Services** to provide additional support to the agricultural sector.
List of programs
- **Agricultural Loans** for operational needs. - **Real Estate Loans** for purchasing or improving agricultural land and rural homes. - **Leasing Programs** for equipment and facilities. - **Crop Insurance** to manage agricultural risks.[3]
Last total enacted budget
Specific budget information for Northwest Farm Credit Services isn't publicly available since it has merged into AgWest Farm Credit.
Staff
Details on staff numbers before the merger are not specified in the references provided.
Funding
Funding for Northwest Farm Credit Services, now AgWest Farm Credit, comes from operations within the Farm Credit System, including wholesale funding from CoBank or other Farm Credit Banks.
Services provided
Northwest Farm Credit Services provided a range of financial services including loans for agricultural production, real estate, equipment leasing, and crop insurance, all aimed at supporting the agricultural and rural sectors of the Northwest.[4]
Regulations overseen
As part of the Farm Credit System, it operates under the regulatory oversight of the Farm Credit Administration but does not oversee regulations itself.
Headquarters address
2001 S Flint Rd, Spokane, WA 99224, USA
History
Northwest Farm Credit Services was a key player in providing financial services to the agricultural sector in the Northwest until its merger with Farm Credit West in January 2023 to form AgWest Farm Credit. The organization had a rich history of serving rural communities with financial solutions tailored to the needs of agriculture, timber, and fishing industries.[5]
External links
References
- ↑ "Northwest Farm Credit Services". LinkedIn. https://www.linkedin.com/company/northwest-farm-credit-services.
- ↑ "Farm Credit System". Farm Credit System. https://www.farmcredit.com/.
- ↑ "AgWest Farm Credit". AgWest Farm Credit. https://agwestfc.com/.
- ↑ "AgWest Farm Credit". AgWest Farm Credit. https://agwestfc.com/.
- ↑ "About AgWest Farm Credit". AgWest Farm Credit. https://agwestfc.com/about/.