Mergers, name changes, and other corporate activity

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.

For the quarter ended June 30, 2024, there were no corporate activities.

For corporate changes for previous quarters, see 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.

Number of FCS banks and associations by type and district as of July 1, 2024

Bank Affiliation	Type				Total
Bank Affiliation	ACAs	FLCAs	ACB	FCBs	Total
District
CoBank, ACB	16	-	1	-	17
FCB of Texas	12	1	-	1	14
AgriBank, FCB	11	-	-	1	12
AgFirst FCB	16	-	-	1	17
July 1, 2024	55	1	1	3	60
January 1, 2024	55	1	1	3	60
Increase/Decrease	-	-	-	-	-

ACA = Agricultural Credit Association. Each ACA has a Production Credit Association subsidiary and a Federal Land Credit Association subsidiary.
FLCA = Federal Land Credit Association. The FLCAs listed in the table above are stand-alone institutions.
ACB = Agricultural Credit Bank. The ACB in the table above contains a Farm Credit Bank subsidiary. An ACB has the authority to serve cooperatives nationwide and affiliated ACAs and FLCAs within its chartered territory.
FCB = Farm Credit Bank. An FCB has the authority to serve affiliated ACAs and FLCAs within its chartered territory.

Source: FCA, Office of Regulatory Policy.

Note: This table is also available as a PDF file. For information dating back to 2003, go to archives.

FCA board approvals of FCS corporate applications as of July 1, 2024

Effective Date	Corporate Activity	Affiliated Bank and Institution	Chartered Name of Resulting Institution	Headquarters Location
TBD, dependent on bank, shareholder, and regulatory approvals	Signed letter of intent to merge 02/27/2024	Farm Credit Bank of Texas Texas Farm Credit Services, and its subsidiaries Heritage Land Bank, ACA, and its subsidiaries	TBD	TBD

Note: This table is also availabe as a PDF file. For board approval information dating back to 2003, go to archives.

Page updated: July 31, 2024