Jan 26, 2023
This year’s cash-back dividend is equal to 100 basis points – or a return of 1% of a customer’s eligible daily 2022 balance with FCSAmerica.
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Nov 5, 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 announced enhancements to its patronage program to share more of the cooperative’s earnings with eligible customer-owners.
Aug 7, 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
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 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 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 approved a 2017 cash-back dividend of $200 million for its eligible customer-owners.
Nov 7, 2017
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
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
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.
Jul 10, 2017
Farmland values largely held steady through the first half of 2017 in Grain Belt states served by Farm Credit Services of America.
Jun 1, 2017
“We’re not marketing advisors, but FCSAmerica is committed to helping customers succeed through good financial decisions.” Doug Stark, CEO
Corporate Communications & Public Relations Specialist