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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

  • Vincent G. Logan was appointed to the FCA board by President Joseph Biden on Oct. 3, 2022. He was designated board chairman and CEO on Oct. 21. The agency’s first Native American board member, he is serving a term that expires on May 21, 2026.

    Mr. Logan is also a member of the board of directors of the Farm Credit System Insurance Corporation, an independent U.S. government-controlled corporation that insures the timely payment of principal and interest on obligations issued jointly by Farm Credit System banks.

    Before joining FCA, Mr. Logan was chief financial officer and chief investment officer for the Native American Agriculture Fund. He was responsible for the fund’s portfolio and charged with overseeing the finance department, selecting and implementing financial systems, and managing the investment program.

    Nominated by President Barack Obama and confirmed by the U.S. Senate in 2014, Mr. Logan served as the Special Trustee for American Indians at the U.S. Department of the Interior. Calling on his financial and regulatory background, he led the Office of the Special Trustee in reaffirming its position as a leader in government accountability, Indian Trust reform, and financial education. During his tenure, he was appointed to the Department of the Treasury’s Financial Literacy Education Commission, which seeks to develop a national strategy on financial education.

    Mr. Logan has worked in New York in both asset-based financing as a lawyer and in asset management as an investment advisor. As a lawyer, he practiced in aircraft, shipping, and equipment finance. As an investment advisor, he focused on institutional asset management, permanent fund development, and financial education for clients.

    Mr. Logan is an Oklahoma State University Foundation governor, and he previously served as a director to the Federal Reserve Bank of St. Louis, Little Rock Branch. He volunteers at tribal youth events, teaching financial skills, and has mentored numerous young professionals, guiding them through careers in law and the securities industry. He is a national speaker on financial empowerment.

    After receiving his bachelor’s degree from Oklahoma State University, Mr. Logan graduated from the University of Oklahoma College of Law and the School of International and Public Affairs at Columbia University.

Page updated: December 09, 2022