News releases & notifications
FCSIC Board approves premium rates for 2023 calendar year
February 09, 2023
The Farm Credit System Insurance Corporation’s Board of Directors approved an insurance premium assessment accrual rate on adjusted insured debt of 18 basis points for 2023. The board also approved continuing the assessment of 10 basis points on nonaccrual loans and other-than-temporarily impaired investments. FCSIC will review premium accrual rates again in July 2023.
Read the full notification here.
FCSIC Notice of Regular Board Meeting February 8, 2023
January 25, 2023
Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.
Read the entire notification of the February 8, 2023 Board meeting (PDF).
FCSIC Notice of Regular Board Meeting December 7, 2022
November 28, 2022
Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.
Read the entire notification of the December 7, 2022 Board meeting (PDF).
FCSIC Notice of Regular Board Meeting October 12, 2022
September 27, 2022
Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.
Read the entire notification of the October 12, 2022 Board meeting (PDF).
2021 FCSIC Annual Report is available
August 05, 2022
Read the 2021 FCSIC Annual Report (PDF)
FCSIC Board increases premium rates to 20 basis points for the entire 2022 calendar year
June 08, 2022
At its June meeting, the Insurance Corporation's Board of Directors voted to increase the insurance premium assessment rate on adjusted insured debt to 20 basis points. The change will be applied retroactively and will apply to the entire calendar year. Download the news release here. (PDF)
FCSIC’s Chairman Jeffery S. Hall statement on the revised retroactive premium rate for 2022
June 08, 2022
FCSIC’s Chairman Jeffery S. Hall issued a statement on the revised retroactive premium rate for 2022 and FCSIC’s important role in agriculture. Read the entire statement (PDF)
FCSIC Notice of Regular Board Meeting June 8, 2022
May 31, 2022
Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.
Read the entire notification of the June 8, 2022 Board meeting (PDF).
Board Approves Premium Rates for 2022
January 28, 2022
The Farm Credit System Insurance Corporation (Corporation or FCSIC) board has approved an insurance premium assessment rate on adjusted insured debt of 16 basis points for 2022. 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)
2022 Projected Premium Rate Range - 10 to 13 basis points
September 14, 2021
At its September meeting, the Farm Credit System Insurance Corporation's Board of Directors reviewed the status of the Farm Credit Insurance Fund (Insurance Fund) and projections for the likely level of premium rates for 2022. Read the entire notification. (PDF).