About

Who We Are

A proud member of the Farm Credit System, Farm Credit Mid-America exists to secure the future of rural communities and agriculture as a leading provider of reliable, consistent credit and financial services to 135,000 farmers, producers, agribusinesses and rural residents in Indiana, Ohio, Kentucky and Tennessee. The customer-owned cooperative manages a portfolio of $33.5 billion in assets. Farm Credit Mid-America’s products and services include loans for real estate, operating, equipment and rural living, as well as related services including crop insurance and vehicle, equipment and building leases.

Where We Come From

1908

The Beginning

1968

Agricultural and Farm Credit Prosperity

1980

Making strategic decisions through the 1980s

1990

Progress through the 1990s

Recent Years

  • 1908

    The Beginning

    In 1908, Theodore Roosevelt appointed a Country Life Commission to address the various problems facing a predominantly rural population, including farmers’ inability to secure loans on fair terms. Many studies, several years and numerous bills later, the Farm Credit System was born. 

  • 1968

    Agricultural and Farm Credit Prosperity

    By 1968, all banks and Production Credit Associations had paid off the federal capital investment meaning the Farm Credit System was now entirely owned by its customers.

    The Farm Credit Act of 1971, along with amendments added in 1980, significantly expanded the range of services Farm Credit institutions could offer, to include rural home mortgages, leasing services and international and rural utility lending.

  • 1980

    Making strategic decisions through the 1980s

    The 1980s were a period of rising inflation and collapsing farmland values. As a result, legislation made several major revisions to the structure and operations of the Farm Credit System and provided financial assistance in the form of a fully repayable, privately financed line of credit which was guaranteed by the federal government In addition, Farm Credit associations consolidated. 

  • 1990

    Progress through the 1990s

    In 1990-1991, Congress asked Farm Credit to play a greater role in financing agricultural marketing and processing operations, as well as water and sewer loans in rural communities.
    In 1992, all System banks met or exceeded the new 7 percent risk-weighted permanent capital standard mandated by Farm Credit Administration (FCA) —an achievement that came nearly a year ahead of schedule. The System continued to show strong profits throughout the early 1990s. As a result, the last of the four Farm Credit Banks that received financial assistance due to the 1980s recession redeemed its assistance—almost 10 years before the 15-year assistance bonds were due.

  • Recent Years

    Today, the Farm Credit System provides more than $191 billion in credit and related services to farmers, agribusinesses and rural home owners as well as agricultural and rural utility cooperatives.  The early 2000s saw increased focus on programs supporting young, beginning and small farmers to help support the future of agriculture.  

What We Believe

Our purpose is to secure the future of rural communities and agriculture – one home, one farm and one business at a time.

We are...

Honest

We have integrity.

Respectful

We value our differences and seek to understand.

Committed

We are dedicated to excellence and take our purpose to heart.

Corporate Governance

Farm Credit Mid-America conducts its business by following high standards of honesty, integrity, impartiality, loyalty and are consistent with applicable laws and regulations.

Board of Directors

Farm Credit Mid-America is a cooperative owned by its customer stockholders who purchase voting stock, giving them the right to participate in director elections and vote on issues influencing the operations of the Association. The cooperative is governed by a board.

Leadership Team

Farm Credit Mid-America is led by our Leadership Team that provides leadership to 1,600 employees throughout Indiana, Ohio, Kentucky and Tennessee.

Corporate Governance

Nominating Committee

The Nominating Committee selects board and nominating committee candidates for the Farm Credit Mid-America annual elections.

Audit Committee

Some members of the Farm Credit Mid-America Board of Directors also serve on the Association’s Audit Committee. They meet in person and by telephone conference calls throughout the year.

Advocate Council

Members of the Advocate Council meet once a year and communicate through ongoing conversations to share thoughts and ideas to deepen our impact, relationships and support for our customers.

Anonymous Reporting

Employees, customers, business partners and vendors can anonymously report concerns about accounting, financial reporting and audit-related matters.

Financial Reporting