AgCredit timeline for wall display

Page 1

American AgCredit is born

California regroups and expands

Our footprint grows

The National Farm Loan Association (NFLA) of Santa

Founding the system

American AgCredit is named

The Midwest restructures

Rosa is founded.

Merging with Mountain Plains

On January 1, 2000 Pacific Coast Farm Credit, ACA consolidates with Central Valley, PCA. Later in June the name of the company is changed to American AgCredit, ACA.

Merging with Heartland

The Ninth District Production Credit Association reorganizes into six separate

A merger between North Coast Farm Credit

American AgCredit’s merger with Farm

Board minutes from October 1916

The National Farm Loan Association (NFLA)

PCAs and eight FLBAs — Creative Farm

Services, ACA and Pacific Coast PCA/FLCA

Credit of the Heartland, ACA marks the first

document the initial meeting establishment

of Santa Rosa merges with NFLA of Napa,

Credit Services of Central Kansas and Farm

creates Pacific Coast Farm Credit Services,

of the Association.

NFLA of Marin, and NFLA of Sonoma.

Credit Services of the Mountain Plains.

ACA. Sierra-Bay FLCA is established.

1948

1916

American AgCredit

American AgCredit

American AgCredit

1991

American AgCredit

1992

2000

American AgCredit

merger of two non-contiguous Associations

American AgCredit, ACA merges with

in two districts.

Farm Credit Services of the Mountain Plains

2009 American AgCredit

2016 American AgCredit

President Woodrow Wilson signs legislation creating the Federal Land Bank System. The first loan is made less than a year later.

1916 Farm Credit

1917 Farm Credit

1933 Farm Credit

The first Farm Credit loan is made to a farmer-stockman A.L. Stockwell through Pawnee County National Farm Loan Association of Larned KS, now known as American Ag Credit.

1953 Farm Credit

An independent path

The first loan

The Farm Credit Act

1980

1987

Farm Credit

Farm Credit

Expanding authority

Farm Credit Act of 1987

Congress amends the Farm Credit Act of 1971, allowing greater participation in loans and agreements to share loans, and expanding the definition of agricultural operations to include timber and aquaculture.

1999

2016

Farm Credit

Farm Credit

Restructuring for the future

Farm Credit 100

Addressing an extended farm crisis, the Agricultural Credit Act provides $4 billion in

In the midst of a Great Depression, the

Farm Credit marks its centennial and looks

federal financial assistance and requires the

The “Parent ACA” arrangement is developed,

ahead to continuing providing the financial

Farm Credit Act of 1933, helping save

The Farm Credit Act of 1953 makes the

System to reorganize — consolidating 36

allowing the ACA to become a holding

underpinning of U.S. agriculture and rural

countless American farms. The Act is

Farm Credit Administration an agency of

districts into 12 entities. The act also authorizes

company for FLCA and PCA organizations —

America. Fresh Perspectives identifies 100

designed to provide short- intermediate- and

the executive branch and sets the System

ACAs and FLCAs to have direct long-term

setting the pattern for subsequent mergers at

people with the leadership skills and vision

long-term loans for agricultural purposes.

on a path towards independence.

lending authority.

the association leve.

to forge the future of agriculture.

System is rescued and expanded via the


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