Farm Credit Administration

Pages399-402

FARM CREDIT ADMINISTRATION

1501 Farm Credit Drive, McLean, VA 22102-5090

Phone, 703-883-4000. Fax, 703-734-5784. Internet, www.fca.gov.

Farm Credit Administration Board:

Chairman and Chief Executive Officer Michael M. Reyna

Members of the Board Ann Jorgensen,

(vacancy)

Secretary to the Board Vivian L. Portis

Staff:

Director, Office of Congressional and Public Eileen M. McMahon

Affairs

General Counsel Jean Noonan

Associate General Counsels Kathleen V. Buffon, Victor A. Cohen

Inspector General Eldon W. Stoehr

Director, Office of Examination and Chief Roland E. Smith

Examiner

Director, Office of Policy and Analysis Thomas G. McKenzie

Director, Office of Secondary Market Oversight Carl A. Clinefelter

Director, Office of Resources Management Donald P. Clark

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The Farm Credit Administration is responsible for ensuring the safe and sound operation of the banks, associations, affiliated service organizations, and other entities that collectively comprise what is known as the Farm Credit System, and for protecting the interests of the public and those who borrow from Farm Credit institutions or invest in Farm Credit securities.

The FarmCredit Administration was established as an independent financial regulatory agency in the executive branch of the Federal Government by Executive Order 6084 of March 27, 1933. The Administration carries out its responsibilities by conducting examinations of the various Farm Credit lending institutions, which are Farm Credit Banks, the Agricultural Credit Bank, Federal Land Bank Associations, Production Credit Associations, Agricultural Credit Associations, and Federal Land Credit Associations. It also examines the service organizations owned by the Farm Credit lending institutions, as well as the National Consumer Cooperative Bank(also

known as the National Cooperative Bank).

FCA policymaking is vested in the Farm Credit Administration Board, whose three full-time members are appointed to 6-year terms by the President, with the advice and consent of the Senate. One member of the Board is designated by the President as Chairman and serves as the Administration's chief executive officer. The Board is responsible for approving rules and regulations, providing for the examination and regulation of and reporting by Farm Credit institutions, and establishing the policies under which the Administration operates. Board meetings are regularly held on the...

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