Effective April 1, 2001, FCA chartered a new Federal Land Bank Association that consolidated with Delta Production Credit Association to form Delta Agricultural Credit Association. Delta ACA then restructured into PCA and FLCA subsidiaries. The associations are subject to Conditions of Approval that are also effective April 1, 2001. Pursuant to FCA's Conditions of Approval, FCA will treat the ACA and its subsidiary associations on a consolidated basis for regulatory purposes as the FCA deems appropriate.
As a result of the merger of AgAmerica, FCB, into AgriBank, FCB (AgriBank), on 1/1/03, all active associations in the AgriBank district were assigned a new district code (22).
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