News Releases

Find the latest news and financial results from Farm Credit Services of America.

Jul 28, 2021

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ALL RELEASES

Media & Communications Inquiries

Judith Nygren, Corporate Communications & Public Relations Specialist
Phone: 402-348-3346


Jan 9, 2019

Farm Credit Services of America Reports Slight Softening of Farmland Values in Last Half of 2018

Benchmark farmland values in Iowa, which generally is on the leading edge of changes in the real estate market, declined 1.4 percent in the last six months of 2018. For the year, farmland values were largely unchanged.

Dec 13, 2018

Farm Credit Services of America to Distribute 2018 Cash-Back Dividend of 90 basis points for total payout of approximately $230 Million

Farm Credit Services of America has approved a record cash-back dividend to date - 90 basis points for a total payout of approximately $230 million.

Nov 5, 2018

Farm Credit Services of America announced financial results for the third quarter of 2018

Loan volume in the third quarter increased $1.2 billion, or 4.3 percent, from year-end to nearly $28 billion. Members’ equity grew to $5.5 billion from $5.1 billion at year-end. Capital levels for FCSAmerica are at 16.6 percent, well in excess of regulatory minimums.

Aug 22, 2018

Farm Credit Services of America Announces Enhanced Patronage Program

Farm Credit Services of America announced enhancements to its patronage program to share more of the cooperative’s earnings with eligible customer-owners.

Aug 7, 2018

Farm Credit Services of America announced financial results for the second quarter of 2018

Net income for the second quarter increased 16 percent to $276,049 million compared to the same period last year. Loan volume in the second quarter increased $371.2 million, or 1.4 percent, from year-end to $27.0 billion. Members’ equity grew to nearly $5.4 billion from $5.1 billion at year-end.

Jul 16, 2018

Farm Credit Services of America Updates Benchmark Farm Values for First Half of 2018

Farmland values peaked in the last half of 2013 in FCSAmerica’s lending territory. Nearly five years later, Iowa has seen the largest drop in values at 17.8 percent, followed by Nebraska at 17.6 percent. South Dakota’s farmland is off 10.8 percent since it peaked in the fourth quarter of 2013.

Mar 23, 2018

Farm Credit Services of America Customer-Owners Elect Four to Board of Directors

Farm Credit Services of America stockholders elected four agricultural producers to the financial cooperative’s Board of Directors. A fifth Director was appointed to the Board. All will serve a four-year term, beginning April 1, 2018, and running through March 31, 2022.

Jan 18, 2018

Farmland Values Stabilize in 2017 in Grain Belt States

Farmland values in the grain belt states served by Farm Credit Services of America stabilized in 2017, a reflection of continued market demand for quality land.

Dec 14, 2017

Farm Credit Services of America to Distribute $200 Million Cash-Back Dividend for 2017

Farm Credit Services of America approved a 2017 cash-back dividend of $200 million for its eligible customer-owners.

Nov 7, 2017

Farm Credit Services of America Announces 2017 Third Quarter Earnings

Loan volume increased $729.7 million, or 2.9 percent to $25.9 billion from $25.2 billion at the end of 2016. Members’ equity increased to $5.1 billion from $4.7 billion at yearend.

Sep 19, 2017

Farm Credit Services of America and Frontier Farm Credit Announce President and Chief Executive Officer

Jensen, the Associations’ chief risk officer, will assume his new role on November 1, 2017. He succeeds Doug Stark, who is retiring.

Aug 15, 2017

Farm Credit Services of America Announces 2017 Second Quarter Financial Results

Net income for the first two quarters rose nearly 10 percent to $237.6 million, primarily driven by lower provision for credit losses and increased income from loan growth and non-interest income, partially offset by increased operating expenses.

 

Media & Communications Inquiries

Judith Nygren Corporate Communications & Public Relations Specialist
Phone: 402-348-3346