Coronavirus (COVID-19)
This page provides information about COVID-19 to the public and to the institutions we regulate. For general information about the pandemic, we encourage you to consult the following resources:
- White House Coronavirus Task Force
- Centers for Disease Control and Prevention
- USA.gov/coronavirus
(Also in Spanish: USA.gov/espanol/coronavirus)
Since March 2020, we have been encouraging Farm Credit System institutions to work with borrowers affected by the pandemic and the measures taken to contain it (see March 17 news release (PDF)). We continue to encourage them to do so. Also, we can provide some temporary regulatory relief as they manage the operational challenges created by the pandemic. We communicate with them regularly to provide guidance and assistance.
We will update this page as more information and resources become available. We also encourage you to visit our Paycheck Protection Program webpage.
For information about the measures we are taking to keep our own employees safe during the pandemic, see the FCA COVID-19 Workplace Safety Plan (PDF).
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Informational memorandum: Guidance for System Institutions Affected by the COVID-19 Pandemic (PDF), Jan. 5, 2021 (Note: Unless otherwise stated, this informational memorandum and related supplements cover the period beginning Jan 1, 2021, and ending June 30, 2021, or 60 days after termination of the COVID-19 national emergency, whichever is later.)
- Supplement on 2021 annual meeting and election activities (PDF)
- Supplement on Regulatory capital requirements for PPP loans (PDF)
- Supplement on consumer financial protection (PDF)
- Supplement on electronic delivery of borrower rights notices (PDF)
- Supplement on flood insurance requirements (PDF)
Informational memorandum: Guidance on the Paycheck Protection Program for small businesses affected by the COVID-19 pandemic (PDF), July 14, 2020, and Supplement (PDF)
Informational memorandum: Extension of regulatory pause until at least July 10 (PDF), June 4, 2020
Informational memorandum: Guidance for System institutions affected by the COVID-19 pandemic (PDF), May 4, 2020 (Note: This informational memorandum and related supplements provide guidance for 2020. The only exception is the supplement on annual meetings which covers a period that ends on Jan. 31, 2021.)
- Supplement on troubled debt restructurings (PDF)
- Supplement on 2020 annual meeting and election activities (PDF)
- Supplement on flood insurance requirements (PDF)
- Supplement on consumer financial protection (PDF)
- Supplement on regulatory capital requirements for PPP loans and PPP loans pledged to the PPP Liquidity Facility (PDF)
- Supplement on electronic delivery of borrower rights notices (PDF)
Informational memorandum: Critical infrastructure designation (PDF), March 27, 2020
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Informational memorandum supplement: Consumer financial protection (PDF), Jan. 5, 2021
Informational memorandum: COVID-19-related compliance guidance from the Consumer Financial Protection Bureau (PDF), July 24, 2020
Informational memorandum: CARES Act requirements and COVID-19-related compliance guidance from the Consumer Financial Protection Bureau (PDF), May 14, 2020