Farm Credit Administration

What Farm Credit Administration does

Farm Credit Administration (FCA) is an independent federal regulatory agency of the United States government, established by executive order of President Franklin D. Roosevelt in 1933 and operating under the authority of the Farm Credit Act of 1971, as amended. FCA's mandate is to regulate and examine the banks, associations, and related entities that comprise the Farm Credit System (FCS) — including the Federal Agricultural Mortgage Corporation (Farmer Mac) — to ensure these institutions remain safe, sound, and dependable sources of credit and related services for agriculture and rural America. The agency oversees a nationwide cooperative lending network of 59 institutions organized into four districts (AgFirst, AgriBank, Farm Credit Bank of Texas, and CoBank), holding $582.3 billion in total assets, $456.9 billion in loans, and $84.98 billion in capital as of December 31, 2025, operating across all 50 states and Puerto Rico.

FCA's operational footprint is delivered through a small set of digital platforms and field offices. Internal-facing systems include the FCS Data Portal (secure data submission from FCS institutions), the Examination Manual digital system, the FCS Call Reports system (quarterly and annual financial reporting), and AI oversight guidance for examining AI-related risks at FCS institutions. Public-facing tools include the FCS Lender Locator (address/zip/city-based lender search), the FCS Institution Directory (searchable by institution or district), and regulatory publications disseminated via the FCA website, newsroom, public comment process, email subscriptions, and social media channels. The agency operates from its McLean, Virginia headquarters and field offices in Bloomington, Dallas, Denver, and Sacramento.

FCA is self-financed through assessments and fees paid by the FCS institutions it regulates; it does not receive federal appropriations and does not charge fees to the public or borrowers. Its leadership includes FCA Board Chairman Glen Smith, Chief Financial Officer Ily Soares, and Director of the Office of Regulatory Policy David P. Grahn. The agency coordinates with the Farm Credit System Insurance Corporation (FCSIC), whose board overlaps with FCA's, to provide coordinated oversight and insurance protection for FCS debt obligations.

Name

Farm Credit Administration

Legal name

Farm Credit Administration

Website

https://fca.gov

Company type

Public

Founded year

1933

Operating status

Operating

Headcount range

101–250 employees

Short description

Farm Credit Administration is a federal independent agency that regulates and examines the Farm Credit System — the largest U.S. agricultural lender — ensuring 59 banks, associations, and Farmer Mac remain safe, sound sources of credit for agriculture and rural America, and is self-funded through fees paid by the institutions it oversees.

Ownership category

akta.pro rank

Headquarters

HQ city

Mclean

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Regulatory Fees from FCS Institutions: FCA is a federal agency that does not receive federal government funding. Instead, the agency is self-funded through fees and assessments paid by Farm Credit System institutions it regulates. This funding model ensures FCA's independence while maintaining its regulatory oversight responsibilities.

Distribution channels3 records

Marketing channels6 records

Core offering

Farm Credit Administration is an independent federal agency that regulates and examines the Farm Credit System, the nationwide network of borrower-owned lending institutions that provide credit to U.S. agricultural producers and rural infrastructure. It supervises FCS banks, direct-lender associations, the Federal Agricultural Mortgage Corporation (Farmer Mac), and other entities chartered under the Farm Credit Act of 1971, issuing regulations, conducting examinations, and enforcing compliance to keep agricultural credit safe, sound, and dependable.

Product overview

Farm Credit Administration is a federal regulatory agency that does not offer commercial products. Its public-facing digital services consist of the Lender Locator (enabling borrowers to find FCS institutions), the FCS Call Reports system (financial data on System institutions), the FCS Institution Directory (institution search by name or district), and the FCS Data Portal (secure data submission for regulated entities). These are informational and regulatory tools, not commercial product offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• FCS Data Portal Public-facing dataset platform that aggregates financial, lending, and institution-level data on Farm Credit System banks, associations, and Farmer Mac for analysts, researchers, and the public.
• FCS Lender Locator Search tool that helps U.S. agricultural producers and rural borrowers locate nearby Farm Credit System lenders serving their area.
• Examination and Supervision Program On-site and continuous off-site examination program evaluating the safety and soundness, capital, liquidity, and compliance of FCS banks, associations, and Farmer Mac.
• Regulatory Rulemaking and Public Comment Process Formal rulemaking pipeline that issues and updates regulations under the Farm Credit Act of 1971, with public comment intake and Federal Register publication.
• Office of Inspector General Oversight Independent audit, inspection, and investigative oversight of FCA's programs and operations, including semiannual reporting to Congress.
• Email Subscription Service Email subscription list delivering news releases, regulatory notices, and FCA reports to subscribers.

Quantifiable outcome

• FCS provides credit services across all 50 states and Puerto Rico through 59 regulated institutions with $582.3 billion in total assets
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Farm Credit System Insurance Corporation (FCSIC)coreOthersFCSIC provides insurance protection for FCS debt obligations, protecting investors in Farm Credit System bonds and notes. FCA board members also serve as directors of FCSIC, creating a coordinated oversight structure for the Farm Credit System.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Securities and Exchange Commission (SEC): Independent federal agency that regulates securities markets and oversees SEC-registered entities, including Farmer Mac's public securities. Adjacent peer given FCA's oversight of Farmer Mac's SEC filings and FCS institution corporate debt issuances requiring FCA approval.
• Federal Reserve Board (FRB): Central bank of the United States with broad regulatory and supervisory authority over bank holding companies, state member banks, and systemically important financial institutions. Broader incumbent in financial regulation; comparable examination and supervision function but with monetary policy and much wider scope than FCA's agricultural-credit niche.
• Consumer Financial Protection Bureau (CFPB): Independent federal agency that regulates consumer financial products and services, including lending. Comparable federal consumer-protection regulatory function to FCA's borrower-rights mandate, but operates across all consumer credit markets rather than a single institutional network.

Direct peers

• Office of the Comptroller of the Currency (OCC): Independent bureau of the US Department of the Treasury that charters, regulates, and supervises national banks and federal savings associations. Direct functional peer to FCA: both are federal regulatory agencies overseeing distinct segments of the US credit system through examination and supervision.
• Federal Deposit Insurance Corporation (FDIC): Independent federal agency that insures deposits and supervises state-chartered banks that are not members of the Federal Reserve System. Direct functional peer to FCA: federal deposit insurer/regulator with assessment-funded model and examination-driven supervisory authority over financial institutions.
• National Credit Union Administration (NCUA): Independent federal agency that regulates, charters, and supervises federal credit unions and insures deposits at most US credit unions. Closely comparable to FCA in scope (cooperative/membership-based lenders), funding model (institution assessments), and examination-driven oversight model.
• Federal Housing Finance Agency (FHFA): Independent federal agency that oversees Fannie Mae, Freddie Mac, and the Federal Home Loan Banks — similar in regulatory function to FCA's oversight of the Farm Credit System and Farmer Mac. Comparable mission: ensuring safety and soundness of government-sponsored enterprises in a specific credit sector.

Others

• Farm Credit System Insurance Corporation (FCSIC): Federal corporation chartered to insure the timely payment of principal and interest on Farm Credit System debt obligations. Sister organization with overlapping governance (shared board members) and complementary insurance function to FCA's prudential regulation; closest single-sector partner.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/fcagov
• YouTubeyoutube.com/channel/UCMLBjEdJAom6CaT3xRWV6oQ
• Facebookfacebook.com/fcagov
• LinkedInlinkedin.com/company/farm-credit-administration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Farm Credit Administration