What is the Farm Credit Bank of Texas?

The Farm Credit Bank of Texas is a cooperatively owned bank that provides loan funds and financial services to lending cooperatives in the Tenth Farm Credit District. The district is composed of the states of Alabama, Louisiana, Mississippi, New Mexico and Texas.

What are these lending cooperatives and what do they do?

They include Federal Land Credit Associations (FLCAs) and Agricultural Credit Associations (ACAs). FLCAs specialize in real estate loans on farms, ranches, rural homes, timberland, rural recreational property and agribusiness operations. ACAs offer rural mortgage financing as well as agricultural production loans and agribusiness financing.

Is the Farm Credit Bank of Texas a government entity?

No, the bank is a privately owned cooperative.

Who owns the bank?

The Farm Credit Bank of Texas is owned by its stockholders, which are the ACAs and FLCAs to which it loans money. In turn, the associations are owned by their borrowers.

The Farm Credit Bank of Texas is governed by a six-member board of directors. Five directors are farmers or ranchers who are elected by the customers of the lending associations that the bank serves. The sixth director is appointed by the five elected board members. The bank's senior management team is accountable to the board of directors and works with the board to set the bank's direction, goals and strategies.

How is the Farm Credit Bank of Texas regulated?

The bank is regulated by the Farm Credit Administration (FCA), which is an independent federal agency directed by a three-member board appointed by the President. The FCA ensures that Farm Credit System institutions comply with Farm Credit regulations and sound lending practices. For more information about the FCA, visit www.fca.gov.

What is the Farm Credit System?

The Farm Credit System is a nationwide network of cooperatively owned banks and lending associations established by acts of Congress to assure farmers and ranchers with a reliable source of credit at reasonable cost.The original legislation establishing the System was passed in 1916.

What is the bank's source of funds?

The Farm Credit Bank of Texas obtains its funds from the Federal Farm Credit Banks Funding Corporation, which sells bonds and notes to investors in the nation's capital markets for System banks. For more information on the Federal Farm Credit Banks Funding Corporation, visit www.farmcredit-ffcb.com.

Where are the bank's offices located?

The Farm Credit Bank of Texas is headquartered in Austin, Texas. The bank's affiliated lending associations have offices throughout Alabama, Louisiana, Mississippi, New Mexico and Texas. Visit our Office Locations page to find specific office locations and contact information.

Where can I obtain more information?

Phone:	(512) 465-0400
Fax:	(512) 465-0540
Email:	fcb@farmcreditbank.com.
Address:	P.O. Box 202590 4801 Plaza on the Lake Drive (78746) Austin, Texas 78720