Farm Credit System News Releases

Financial Results Press Release Calendar

For a schedule of news releases on the Farm Credit System's financial results, check the FFCB Funding Corporation's Press Release Calendar.

Farm Credit Issues Request for Qualifications for Centennial Celebration Support

DENVER – May 11, 2012 – Farm Credit, a national provider of financing and related services to agriculture and rural America, has issued a Request for Qualifications for third-party agencies to support preparations for the nationwide network’s centennial celebration in 2016.

InView Communications and Farm Credit Named 2012 PR Team of the Year by PRSA Colorado

DENVER, May 7, 2012 – An integrated national communications team from Farm Credit and InView Communications was recognized as PR Team of the Year at Thursday’s Public Relations Society of America (PRSA) Colorado Chapter Gold Pick Awards ceremony.

Farm Credit East Distributes $70.3 Million to Members in 2012

ENFIELD, CT, May 3, 2012 – For the second time in 2012, Farm Credit East has made a major payment to farmers and other customer-members with the redemption of $34.8 million of allocated stockholder equity. This distribution is in addition to $35.5 million paid as a cash patronage payment in February based on 2011 financial results, totaling $70.3 million returned to customer-owners this year.

Farm Credit System Reports First Quarter 2012 Combined Results

NEW YORK, May 2, 2012 - The Farm Credit System today reported that combined net income increased by $48 million or 4.8% to $1.052 billion for the quarter ended March 31, 2012, as compared with combined net income of $1.004 billion for the same period of the prior year.

Farm Credit Bank of Texas Reports Solid Earnings and Asset Growth

AUSTIN, TX, May 2, 2012 – Farm Credit Bank of Texas (FCBT), a wholesale funding bank, reported an increase in loan volume during the first quarter of 2012.