News releases & notifications
FCSIC Board of Directors decreases insurance premiums for 2017
January 26 2017
McLean, Va., Jan. 26, 2017 — The Farm Credit System Insurance Corporation board of directors voted today to set the insurance premium assessment rate for Farm Credit System (System) banks at 15 basis points of their adjusted insured debt for 2017. Last October, the board notified the System, for prudent planning purposes, that the insurance premium would likely be 20 basis points for 2017.
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