Federally-established bank that works with other financial institutions to provide monetary loans to farmers. Federal Intermediate Credit Banks typically raise funds through the sale of unsecured bonds. Those funds are then distributed to a variety of financial institutions for redistribution to individuals employed in the farming business. The bank is included in a group of 12 banks headed by U.S. Farm Credit Administration.
Related information about Federal Intermediate Credit Bank:
- Federal Intermediate Credit Bank financial definition of Federal ...
Federal Intermediate Credit Bank. Also found in: Acronyms, 0.01 sec. Federal Intermediate Credit Bank. A bank sponsored by the federal government to provide ...
- What is Federal Intermediate Credit Bank? definition and meaning
Definition of Federal Intermediate Credit Bank: Federally-established bank that works with other financial institutions to provide monetary loans to farmers.
- Federal Intermediate Credit Bank Definition - NASDAQ.com
Federal Intermediate Credit Bank: read the definition of Federal Intermediate Credit Bank and 8000+ other financial and investing terms in the NASDAQ.com ...
- Farm Credit System - Wikipedia, the free encyclopedia
FCBs were created on July 6, 1988, in 11 of the 12 then-existing FCS districts when the Federal Land Bank and Federal Intermediate Credit Bank in each district ...
- Federal Intermediate Credit Bank: Definition from Answers.com
one of 12 banks that make funds available to production credit associations, commercial banks, agricultural credit corporations, livestock loan companies,
- federal intermediate credit bank Definition | Business Dictionaries ...
one of 12 banks that make funds available to production credit associations, commercial banks, agricultural credit corporations, livestock loan companies, and ...
- History of the Farm Credit System | Farm Credit Bank of Texas
It was also during this era that the Federal Land Bank and Federal Intermediate Credit Bank in Texas merged to form the present Farm Credit Bank of Texas.
- FICB - Federal Intermediate Credit Bank
Acronym Finder: FICB stands for Federal Intermediate Credit Bank. This definition appears very rarely.