Chapter 11: Cooperative and Agricultural Credit

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Since ______ the Farm Credit System has grown to become . . .

1916

How many ACA's are lended capital from Farm Credit Banks

49

The Farm Credit system is the nation's largest ________

Agricultural Lender

Who are Farm Credit system organizations governed by?

Board of Directors

One of the essential characteristics of Farm Credit is . . .

Cooperatively Owned**

Who are local Farm Organizations owned by?

Its customers

What is the Farm Credit System regulated by?

The Farm Credit Administration

How does the Farm Credit System raise money

Through selling bonds and notes to large outside inventors

True or False: Funding Corp is owned by both the FCB's and ACB

True

True or False: The FCSIC an Independent US Government controlled corporation

True


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