Archive of Updates

October 12, 2007
Office of Inspector General, Semiannual Report to the Congress, April 1 through September 30, 2007 (PDF, 19 pages, 399.37 KB)

FCA Board Adopts Final Rule to Require External Auditors of the Funding Corporation to Directly Assess Internal Control Over Financial Reporting
(news release)

October 5, 2007
Proposed changes to Farmer Mac’s Risk-Based Capital Stress Test (RBCST) are outlined, and previews of the proposed FAMC RBCST 3.0 (Excel, 850 KB) and the Credit Loss Module 3.0 (Excel, 9.72 MB) are available.

2007 Federal Information Security Management Act (FISMA) Evaluation
(PDF, 18 pages, 181.98 KB)

October 2, 2007
FCA has clarified that service corporations are technically required to conduct annual board self-evaluations. See item no. 5 in the list of FAQs related to governance changes in 2006.

September 21, 2007
FCA Report on the Implementation of E-Government Initiatives, the 2007 annual report provided in accordance with the E-Government Act of 2002 (PDF, 4 pages, 46.57 KB)

September 17, 2007
Recruiting Schedule

September 13, 2007
FCA Board Approves Final Rules on Priority of Claims
(news release)

September 7, 2007
Fall 2007 Regulatory Performance Plan (PDF, 2 pages, 21.61 KB)

August 28, 2007
Office of Inspector General FY 2008-2009 Strategic and Operating Performance Plan (PDF, 35 pages, 885.89 KB)

August 17, 2007
FAIR Act 2007 Commercial Activities Inventory

August 14, 2007
FCA published an Informational Memorandum titled Adverse Actions Based on Consumer Credit Reports.

August 10, 2007
FCA issued a revised Bookletter titled Providing Sound and Constructive Credit to Young, Beginning, and Small Farmers, Ranchers, and Producers or Harvesters of Aquatic Products.

August 3, 2007
The Office of Inspector General has issued a report on its inspection of FCA’s Enforcement Program. (PDF, 11 pages, 178.56 KB)

The 2006 Peer Review of FCA’s Office of Inspector General is available. (PDF, 1 page)

June 29, 2007
FCA 2006 Annual Report on the Farm Credit System contains information on the financial condition and performance of the FCS and on its service to young, beginning and small farmers. (PDF, 74 pages, 4.14 MB)

June 19, 2007
Disclosure and Reporting Rule Frequently Asked Questions and a related table providing a Summary of Compliance Dates are available.

June 14, 2007
Farm Credit Administration Considers Revisions to Capital Rules (news release)

May 16, 2007
2006 data on Farm Credit System lending to Young, Beginning, and Small Farmers and Ranchers (YBS) are available.

May 15, 2007
Presentation slides are available from the May 10 FCA Board meeting of the report titled FCS's Young, Beginning, and Small Farmer Mission Performance: 2006 Results (PDF, 13 pages, 202.38 KB) and the Mission-Related Investments 2006 Annual Report (PDF, 17 pages, 272.56 KB).

May 10, 2007
Farm Credit System Lending to Young, Beginning and Small Farmers and Ranchers Continues to Increase (news release)

April 3, 2007
Updates of the Farmer Mac Risk-Based Capital Stress Test are available.

March 27, 2007
Chairman Nancy C. Pellett's testimony (PDF, 16 pages, 46.01 KB) presented at the House Agriculture Subcommittee on Conservation, Credit, Energy, and Research hearing regarding a review of credit availability in rural America.

March 6, 2007
The Role of Farm Credit System Nominating Committees (revised) brochure (PDF, 2 pages, 1.11 MB)

Two frequently asked questions (FAQs) have been added to the governance FAQs. They are FAQ 10 under Board Composition and FAQ 38 under Director Elections and the Annual Meeting Information Statement.

February 12, 2007
FCA FY 2008 Budget (Proposed) and Performance Budget (PDF, 70 pages, 2.72 MB)