Author Bert Ely
Bert Ely
Bert Ely is a consultant specializing in banking issues. He writes ABA's Farm Credit Watch.
Farm Credit Watch: The Four FCS Banks Are Commercial Banks?
According to a recent press release issued by the on-line magazine Global Finance, the four FCS banks are among the world’s 50 safest commercial banks.
FinCEN Should Direct the FCA to Enforce the Bank Secrecy Act
Is the Farm Credit System subject to FinCEN’s final rule on beneficial ownership with respect to customer due diligence requirements?
Farm Credit Watch: FCS Hit by Another Accounting Scandal
The Farm Credit System has been hit by yet another accounting scandal, this time at Lone Star Ag Credit, which is headquartered in Fort Worth, Texas.
Farm Credit Watch: How FCS Gets Away with Accepting Deposits
Bankers in many areas of the country have discovered that the FCS associations they compete against effectively are accepting deposits.
Farm Credit Watch: FCA Continues to Grossly Misrepresent FCS’ YBS lending
As in prior years, FCA’s annual report grossly overstates the FCS’s YBS lending activities.
Farm Credit Watch: House Ag Committee Holds Another Hearing on FCS
On March 29, the House Agriculture Committee held a hearing on the FCS.
Farm Credit Watch: Yet Another Congressional Hearing on FCA, FCS
On February 28, the Agricultural Appropriation Subcommittee of the House Appropriations Committee held an oversight hearing on the Farm Credit Administration (FCA), the first such hearing the subcommittee had held in 19 years.