Organization of the FCS

The Cooperative Way

FCS Directory and Map

Mergers, Name Changes, and Other Corporate Activity

Number of FCS Banks and Associations by Type and District

FCA Board Approvals of FCS Corporate Applications

Resources for the FCS

Consolidated Reporting System Reports

Major Financial Indicators

Farmer Mac

Governance of FCS Institutions

E-commerce

Young, Beginning, and Small Farmer/Rancher Lending

Loan Portfolio
Management Guidance

Farmland Collateral Risk

Flood Disaster Protection

Submit Data to FCA

Home > FCS Information >

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. The following information describes corporate changes that occurred in the quarter that ended on June 30, 2017.

Note: FCA views an Agricultural Credit Association (ACA) and its Production Credit Association (PCA) and Federal Land Credit Association (FLCA) subsidiaries as a single entity for most regulatory purposes.

Associations Merge
On June 27, 2017, the FCA Board granted final approval to the request to merge Badgerland Financial, ACA, and its subsidiaries, and 1st Farm Credit Services, ACA, and its subsidiaries with and into AgStar Financial Services, ACA, and its subsidiaries. AgStar Financial Services, ACA, including its subsidiaries, will be the continuing association, and its name will be Compeer Financial, ACA. The merger took effect on July 1, 2017.

In addition, on June 27, 2017, the FCA Board granted final approval to the request to merge United FCS, ACA, and its subsidiaries with and into AgCountry Farm Credit Services, ACA, and its subsidiaries. AgCountry Farm Credit Services, ACA, including its subsidiaries, will be the continuing association, and its name will be AgCountry Farm Credit Services, ACA. The merger took effect on July 1, 2017.

To find out the number of banks and associations in the FCS, how they are classified, and how their numbers have changed over the past three months, see Number of FCS Banks and Associations by Type and District.

See FCA Board Approvals of FCS Corporate Applications for a summary of corporate activity from January 1, 2017, through July 1, 2017.

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.

 

Page updated: July 6, 2017