Farm Credit Watch: Vincent Logan named new FCA chairman and CEO
Logan is the FCA’s first Native American board member.
Author Bert Ely
Bert Ely
Bert Ely is a consultant specializing in banking issues. He writes ABA's Farm Credit Watch.
Farm Credit Watch: Congress must determine if FCS consolidation has impaired the system’s mission while increasing taxpayer risk
FCA should slow down mergers of large and midsize associations until it can assess FCSIC capacity to resolve a large, troubled association.
Farm Credit Watch: Has rural America been set up for another farmland bust?
Is history about to repeat itself? In rural America it just might as the Federal Reserve moves too aggressively to push up interest rates to deflate the inflation that has erupted in recent months.
Farm Credit Watch: Clarity Is the Order of the Day
Bert Ely examines multiple issues, including government sponsored enterprises spending big money on marketing and branding, the accuracy of bank ranking definitions and levels of Farm Credit System lending.
Farm Credit Watch: Tracking Credit Ratings, Congressional Oversight and Agency Transparency
This edition of Farm Credit Watch examines multiple issues, including the Farm Credit Service’s debt rating, possible Senate and House and banking and financial services committee oversight of FCA’s capital rules, and how FCA’s board should consider issuing written reports as well as releasing video recordings following its monthly meetings.
Farm Credit Watch: Potentially Dangerous Change to FCS Appraisal Regulations Proposed
The Farm Credit Administration has proposed a potentially dangerous relaxation of its regulation governing the appraisal procedures FCS institutions rely on in making lending decisions.
Farm Credit Watch: Time for Fully Transparent FCA Board Meetings
In the latest Farm Credit Watch, Bert Ely highlights the notable lack of transparency around Farm Credit Administration board meetings. While government agencies are required to be open and accessible to the public except under certain circumstances, Ely raised concerns that FCA has been requiring attendees to its public virtual meetings to pre-register, which he said “represents a deliberate attempt by the regulatory body to discourage the monitoring of its actions.”
How Much Is FCS Underestimating Its Future Loan Losses?
By Bert Ely As bankers and other FCW readers know all too well, American agriculture…
Farm Credit Watch: Another Vacancy on the FCA Board Would Cripple It
By Bert Ely The FCA is administered by a three-member board of directors; the chairman…
Farm Credit Watch: Fitch Lowers FCS Debt Rating Outlook to Negative
By Bert Ely On Aug. 3, Fitch, one of the three major debt rating agencies,…