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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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.
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Jeffery S. Hall was appointed to the FCA board by President Barack Obama on March 17, 2015. Mr. Hall is serving a term that expired on October 13, 2018. He will continue to serve until his successor has been named. You can read more about Mr. Hall on our Meet our leaders page.
- 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)
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Glen R. Smith was designated FCA board chairman and CEO of the Farm Credit Administration by President Donald Trump on July 17, 2019. He served in this position until Oct. 21, 2022. Mr. Smith has been a member of the FCA board since December 2017. Although his board term expired on May 21, 2022, he will continue to serve on the board until his successor has been named. You can read more about Mr. Smith on our Meet our leaders page.
Communication from Board Member Smith
- May 12, 2022: Statement (PDF) at the FCA board meeting on the young, beginning, and small farmers and ranchers proposed rule.
- March 23, 2022: Welcome remarks (video) (PDF) at the National Forum on Serving Young, Beginning, and Small Farmers and Ranchers held at Colorado State University.
- February 8, 2022: Remarks at the Farm Credit Council Annual Meeting (PDF)
- December 14, 2021: Remarks at the FCA Office of Examination Conference (PDF).
- November 18, 2021: Statement (PDF) at the FCA board meeting on the merger applications review.
- November 8, 2021: Welcome remarks (video) at the Young, Beginning, and Small Farmer Symposium held at the University of Nebraska, Lincoln.
- October 14, 2021: Statement (PDF) at the FCA board meeting on the small association presentation.
- August 12, 2021: Statement (PDF) at the FCA board meeting, regarding the agency's efforts to strengthen service to young, beginning, and small farmers and ranchers. Also available on video.
- November 25, 2020: A Harvest Farm Tour (video). Shortly before Thanksgiving, Chairman Smith gave FCA employees a virtual tour of his Iowa farm. Currently operated by his son Peter, the Iowa farm produces corn and soybeans and has a small beef cattle operation.
- February 3, 2020: Remarks at the Farm Credit Council Annual Meeting (PDF).
- November 19, 2019: Oral statement (PDF) before a hearing of the House Agriculture Committee's Subcommittee on Commodity Exchanges, Energy, and Credit. Video of the full hearing.
- August 7, 2019: Remarks at the Farm Credit Administration All-Staff Meeting (PDF).
- April 10, 2019: Remarks at the Farm Credit Bank of Texas Annual Stockholders Meeting (PDF).
- February 6, 2019: Farm Credit System — U.S. Agricultural Credit Conditions (PDF), presentation at the American Society of Farm Managers and Rural Appraisers meeting in Ames, Iowa, and to the ECON 466: Agricultural Finance class at Iowa State University.
- November 13, 2018: Remarks to a delegation from the National Bureau of Statistics of China (PDF).
- August 1, 2018: Remarks at the Farm Credit West Board Meeting (PDF).
- June 4, 2018: Remarks at the Farm Credit Council Board of Directors Meeting (PDF).
- March 5, 2018: Remarks at the AgriBank Annual Meeting (PDF).
