News releases & notifications
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).