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The Federal Land Bank of New Orleans was moved to Jackson, Mississippi and became the Federal Land Bank of Jackson which was subsequently placed into receivership in 1988 and sold to the Farm Credit Bank of Texas.

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The Federal Land Bank of New Orleans was moved to Jackson, Mississippi and became the Federal Land Bank of Jackson which was subsequently placed into receivership in 1988 and sold to the Farm Credit Bank of Texas.

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There is currently no Federal Land Bank of Baltimore, in Puerto Rico, it arrived in Puerto Rico in 1922, but in 1933 it was replaced by the Puerto Rico Farm Credit, which operates to this day. The Puerto Rico Farm Credit is an Agricultural Credit Association that receives services from the AgFirst Farm Credit Bank.

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no it is not. they are dengerous

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a) investment credit- capital are on credit first; more on buying properties (lots).

b) agricultural credit- for farm improvement (usu. farmers only); loan for acquisition of farm utilities.

c) export credit- 4 parties: exporter, local bank, importer and local bank of the importer; need capitalization; payment is only bank to bank.

d) real estate credit- same with investment but limited to house and lots.

e) industrial credit- for purposes of mining, fishing, factories (usu. businessmen); excludes farmers.

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Farm credit services are lending options that are available to one in the farming industry. There are some institutions that deal specifically with farm credit and those are Farm Credit Network and Farm Credit Services of America.

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