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FCA UPDATES MERGERS, NAME CHANGES, AND OTHER FARM CREDIT SYSTEM NEWS
Source: Farm Credit Administration news release

FCA is responsible for issuing and amending corporate charters to all Farm Credit System (FCS) institutions. Therefore, when institutions merge, change their names, and make other corporate changes, they must have these actions approved through FCA. The following information describes corporate changes that occurred in the quarter that ended on June 30, 2019.

Note: FCA views an agricultural credit association (ACA) and its production credit association (PCA) and federal land credit association (FLCA) subsidiaries as a single entity for most regulatory purposes.

Corporate changes for quarter ended June 30

On June 28, 2019, FCA granted final approved to the plan of combination of Farm Credit Services of Hawaii, ACA and its wholly owned subsidiaries with American AgCredit, ACA and its wholly owned subsidiaries. The resulting institution will be American AgCredit, ACA, and its wholly owned subsidiaries, American AgCredit, PCA, American AgCredit, FLCA, Farm Credit Services of Hawaii, PCA, and Farm Credit Services of Hawaii, FLCA . The change took effect on July 1, 2019.

For corporate changes for previous quarters, go to the report archives.

To locate an FCS institution or to see a map showing the FCS districts and a listing of FCS institutions, go to the FCS directory and map. Also see Locate a lender, which enables potential borrowers to find their nearest FCS branch.


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