News releases & notifications

Board Approves Premium Accrual Rates for 2024

February 07, 2024

The Farm Credit System Insurance Corporation (Corporation or FCSIC) Board has approved a reduction in the insurance premium assessment rate on adjusted insured debt to 10 basis points for 2024 from 18 basis points in 2023. The Board also approved continuing the assessment of 10 basis points on nonaccrual loans and other-than-temporarily impaired investments.

Read the full memorandum here (pdf)

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