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Farm Credit System Insurance Corporation: Difference between revisions
Farm Credit System Insurance Corporation (view source)
Revision as of 22:17, 7 January 2025
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{{Organization | {{Organization | ||
|OrganizationName= Farm Credit System Insurance Corporation | |OrganizationName=Farm Credit System Insurance Corporation | ||
|OrganizationType= Government Corporation | |OrganizationType=Government Corporation | ||
|Mission= To insure the timely payment of principal and interest on debt securities issued by Farm Credit System banks, thereby ensuring a dependable source of credit for agricultural borrowers. | |Mission=To insure the timely payment of principal and interest on debt securities issued by Farm Credit System banks, thereby ensuring a dependable source of credit for agricultural borrowers. | ||
| | |CreationLegislation=Agricultural Credit Act of 1987 | ||
|Employees= 10 | |Employees=10 | ||
|Budget= Funded by insurance premiums from Farm Credit System banks, no direct federal appropriations. | |Budget=Funded by insurance premiums from Farm Credit System banks, no direct federal appropriations. | ||
| | |OrganizationExecutive=Chairman of the Board | ||
|Services= Insurance of Farm Credit System debt obligations | |Services=Insurance of Farm Credit System debt obligations | ||
|HeadquartersLocation=38.93167, -77.20212 | |||
|HeadquartersAddress=1501 Farm Credit Drive, McLean, VA 22102, USA | |||
|Website=https://www.fcsic.gov/ | |||
|HeadquartersLocation= 38. | |||
|HeadquartersAddress= 1501 Farm Credit Drive, McLean, VA 22102, USA | |||
}} | }} | ||
'''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. | '''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. | ||