FCA board
Since 1985, FCA has been governed by a full-time, three-person board, whose members are appointed by the president with the advice and consent of the Senate.
They serve six-year terms and may not be reappointed to succeed themselves after serving full terms or more than three years of previous members’ terms. The president designates one member as chairman of the board, who serves until the end of his or her own term. The chairman also serves as FCA’s chief executive officer.
What the board does
The FCA board approves the policies, regulations, charters, and enforcement activities that ensure a strong Farm Credit System. The board also provides for the examination and supervision of the FCS, including Farmer Mac, and oversees the FCS Building Association’s activities.
View former FCA board members and governors
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Jeffery S. Hall was appointed to the FCA board on March 17, 2015, and was named board chairman and CEO by President Donald Trump on January 20, 2025.
Chairman Hall also serves as a member of the board of directors of the Farm Credit System Insurance Corporation (FCSIC), a U.S. government-controlled corporation that insures the timely payment of principal and interest on obligations issued jointly by Farm Credit System banks. He served as chairman of the FCSIC board of directors from November 29, 2016, until his designation as chairman of the FCA board.
Chairman Hall was president of The Capstone Group, an association management and consulting firm that he co-founded in 2009. He was the state executive director for the U.S. Department of Agriculture’s Farm Service Agency in Kentucky from 2001 to 2009. In that role, he had responsibility for farm program and farm loan program delivery and compliance.
From 1994 to 2001, Chairman Hall served as assistant to the dean of the University of Kentucky College of Agriculture, advising the dean on state and federal legislative activities and managing a statewide economic development initiative called Ag-Project 2000.
Chairman Hall also served as a senior staff member in the office of U.S. Senator Mitch McConnell from 1988 until 1994. During that time, he was the legislative assistant for agriculture, accountable for internal and external issue management.
Before joining Senator McConnell’s staff, Chairman Hall served on the staff of the Kentucky Farm Bureau Federation. Over the course of his long career in agriculture, he has held leadership positions in the following nonprofits: the Kentucky Agricultural Council, the Agribusiness Industry Network, the Louisville Agricultural Club, the Kentucky Agricultural Water Quality Authority, and the Governor’s Commission on Family Farms.
Chairman Hall was raised on a family farm in southern Indiana, which has been in his family for more than 200 years. He is currently a partner in the farm with his mother and sister. He holds a Bachelor of Science from Purdue University.
Communication from Chairman Hall
- February 3, 2026: Remarks at the Farm Credit Council Annual Meeting (PDF)
- February 4, 2025: Remarks at the Farm Credit Council Annual Meeting (PDF)
- October 14, 2021: Statement (PDF) on small association presentation at the FCA board meeting
- July 8, 2021: Statement (PDF) on climate change at the FCA board meeting
- June 13, 2019: Statement (PDF) at the FCA board meeting, acknowledging the passing of Dallas Tonsager and his many contributions to U.S. agriculture and rural America
- April 17, 2018: Remarks at the Directors and Management Meeting, Farm Credit Associations of Oklahoma (PDF)
- September 27, 2017: Remarks at the AgriBank District Conference (PDF)
- October 13, 2016: Statement (PDF) in recognition of National Co-op Month at the FCA board meeting
- July 14, 2016: Statement (PDF) on the Farm Credit System 100th Anniversary Resolution at the FCA board Meeting
- March 29, 2016: Remarks at the Texas Farm Credit Bank Board Meeting (PDF)
- March 10, 2016: Statement (PDF) on the adoption of the tier 1/tier 2 regulatory capital framework at the FCA board Meeting
- March 10, 2016: Statement (PDF)
- October 20, 2015: Remarks at the AgFirst Board Meeting (PDF)
- October 8, 2015: Statement (PDF) on the board resolution recognizing October as National Cooperative Month at the FCA board meeting
- June 17, 2015: Remarks at the AgriBank Board Meeting (PDF)
