Showing articles tagged with "credit". Show all posts.
Today we begin our 99th year since Congress established the network of borrower-owned lending institutions known as the Farm Credit System. During that time, each Farm Credit institution has remained focused on accomplishing the mission set forth in our charter: to serve agriculture and rural America. Read More
Today marks Farm Credit’s 98th anniversary and we want you to help us celebrate! Nearly 100 years after the U.S. Congress established Farm Credit to serve as a reliable source of credit for the nation’s farmers and ranchers, the network of borrower-owned lending institutions and specialized service organizations remains a sound and vital resource for rural America. Read More
From Michelin stars to Angie’s list grades, consumers seek independent, third party ratings of the products and services they buy. Fitch, Moody’s, and S&P are considered the big three credit rating agencies, and together hold 95% of the credit rating market. The agencies’ ratings provide insight for investors, helping them make educated decisions about the financial securities they purchase. Read More
Cooperatives operate under the principle of autonomy and independence. While the cooperative itself is democratically controlled by its members through the election of the board of directors, it cannot be influenced or directed by any external organization. Read More
In 1913, President Woodrow Wilson pledged to help farmers obtain credit not available from commercial banks – banks that couldn’t support farmers and ranchers through the ups and downs of agriculture. Detractors claimed that putting the government behind agricultural credit would give undue advantage to farmers. Wilson disagreed. “The farmers, of course, ask and should be given no special privilege,” he said. “What they need and should obtain is legislation which will make their own abundant and substantial credit resources available as a foundation for joint, concerted local action.” Read More