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News releases & notifications

FCSIC votes to increase premium rate for the rest of 2020

June 30, 2020

At its June meeting, the Insurance Corporation's Board of Directors voted to increase the insurance premium assessment rate on adjusted insured debt from 8 basis points to 11 basis points starting in July 2020 and for the remainder of the year. 

Read the entire notification (PDF).


FCSIC Votes to Return Excess Funds to Farm Credit Institutions

March 16, 2020

The board of directors of the Farm Credit System Insurance Corporation approved a payment on March 12 of $62.7 million in excess insurance funds to Farm Credit System banks.

Read the entire notification (PDF).


FCSIC Board Approves Premium Rates for 2020

January 30, 2020

At FCSIC’s board meeting on January 30, 2020, the Farm Credit System Insurance Corporation’s Board has approved an insurance premium assessment rate on adjusted insured debt of 8 basis points for 2020. The board also approved continuing the assessment of 10 basis points on nonaccrual loans and other-than-temporarily impaired investments.

Read the entire notification (PDF).


FCSIC Board Provides Premium Rate Guidance for 2020

September 19, 2019

At FCSIC’s board meeting on September 19, 2019, the Farm Credit System Insurance Corporation’s Board of Directors reviewed the status of the Farm Credit Insurance Fund and projections for the likely level of premium rates for 2020. The Board concluded that the projected premium range for 2020 is 7 to 10 basis points.

Read the entire notification (PDF).


FCSIC 2018 Annual Report

July 11, 2019

Read the entire report (PDF).


FCSIC Board Approves the Mid-Year 2019 Premium Rates

June 13, 2019

At FCSIC’s board meeting on June 13, 2019, the Farm Credit System Insurance Corporation’s Board of Directors voted to maintain the insurance premium assessment rate on adjusted insured debt at 9 basis points for the remainder of the year. The board also approved continuing the assessment of 10 basis points on nonaccrual loans and other-than-temporarily impaired investments.  FCSIC Board of Directors plans to meet in September 2019 to review the status of the Insurance Fund and projections for the likely level of premium rates for 2020.

Read the entire notification (PDF).


FCSIC June 13, 2019 Regular Board Meeting Notice

June 03, 2019

Notice of regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation

NOTICE IS HEREBY GIVEN THAT, in accordance with the provisions of Article VI of the Bylaws of the Farm Credit System Insurance Corporation a regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation will be held June 13, 2019, at 2:00 p.m., at the office of the Farm Credit System Insurance Corporation, in the Farm Credit Administration Board Room.

Read the entire notification (PDF).


FCSIC board votes to return excess funds to Farm Credit institutions

March 14, 2019

McLEAN, Va., March 14, 2019 — The Farm Credit System Insurance Corporation board of directors approved a payment of $66.1 million in excess insurance funds to Farm Credit System banks.

Read the entire notification. (PDF)


FCSIC March 14, 2019 Regular Board Meeting

March 05, 2019

Notice of regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation

NOTICE IS HEREBY GIVEN THAT, in accordance with the provisions of Article VI of the Bylaws of the Farm Credit System Insurance Corporation a regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation will be held March 14, 2019, at 2:00 p.m., at the office of the Farm Credit System Insurance Corporation, in the Farm Credit Administration Board Room.

Read the entire notification (PDF).


FCSIC Audited Financial Statements for the Years ended December 31, 2018 and 2017

February 13, 2019

Read the entire notification (PDF).