Effective October 1, 2000, Yosemite FLCA consolidated with Yosemite Production Credit, PCA, a new chartered production credit association, to form Yosemite Farm Credit, ACA. Upon consolidation, Yosemite Farm Credit ACA restructured and established Yosemite Land Bank, FLCA and Yosemite Production Credit, PCA as its wholly owned subsidiaries. The associations are subject to Conditions of Approval that are also effective October 1, 2000. Unless FCA modifies the Conditions of Approval, the three associations will be treated as a single association for regulatory purposes. 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.
Effective October 1, 2003, the Western Farm Credit Bank merged with and into the Farm Credit Bank of Wichita, the continuing bank, which will be known as U.S. AgBank, FCB. As a result of the bank merger, all active associations in the Western and Wichita districts were assigned a new district code (24).
As a result of the merger of U. S. AgBank, FCB, into CoBank, ACB on 1/1/2012, all active associations in the U. S. AgBank and CoBank districts were assigned a new district code (25). |