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FCSIC Board votes to return excess funds to Farm Credit System institutions and retire all Financial Assistance Corporation stock.

March 08 2018

McLEAN, Va., March 8, 2018 — The Farm Credit System Insurance Corporation board of directors approved a payment of $175.8 million in excess insurance funds to Farm Credit System institutions. This amount includes $13.1 million to retire all remaining stock in the Farm Credit System Financial Assistance Corporation (FAC).

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