Farm loans get stricter audits—paperwork piles higher.
Published Date: 2/13/2025
Proposed Rule
Summary
The Farm Credit Administration is updating rules to require some Farm Credit System institutions to get special combined audits to keep their financial reporting strong and clear. They’ve extended the time for folks to share their thoughts until March 31, 2025. If you’re part of these institutions, get ready for new audit steps that help protect money and trust!
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Key Dates
Department and Agencies
Related Federal Register Documents
2026-11083, Privacy Act of 1974; System of Records
The Farm Credit Administration is updating how it stores records by switching from paper to electronic files. This change won’t affect your privacy rights or how you access your info, but it makes record-keeping safer and more modern. These updates take effect now and don’t cost you anything, just a smoother, tech-savvy system!
2026-07903, Assessment and Apportionment of Administrative Expenses
The Farm Credit Administration wants to update how it splits administrative costs among its banks and associations to make things fairer based on their size and setup today. These changes won’t affect the overall budget or other groups outside the main System. If you’re part of these banks or associations, you can share your thoughts by June 22, 2026!
2026-03923, Permanent Capital Revisions
The Farm Credit Administration wants to make it easier for Farm Credit System banks and associations to figure out their permanent capital by simplifying the rules and cutting confusing parts. They’re asking for comments by April 28, 2026, before making these changes official. This update helps these institutions stay safe and sound without extra hassle or cost.
2025-03172, Statement on Regulatory Burden
The Farm Credit Administration is cutting down on confusing and costly rules for Farm Credit System institutions, including Farmer Mac. After hearing from these groups in 2022, they're making changes to simplify regulations and reduce unnecessary paperwork. These updates start March 3, 2025, aiming to save time and money for farms and lenders across the country.
2026-19877, Informational Meeting
The Farm Credit Administration is hosting an open meeting on October 8, 2026, to share updates about their Office of Examination Workgroup and FCALabs. Anyone interested can join in person or online by registering a day ahead. This is a great chance for farmers, lenders, and the public to stay in the loop with no cost involved!
2026-18073, Informational Meeting
Notice of the forthcoming Farm Credit Administration informational meeting is hereby given.
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