Mission & values

The Farm Credit System Insurance Corporation was established by the Agricultural Credit Act of 1987 as an independent U.S. government-controlled corporation. Our primary purpose is to ensure the timely payment of principal and interest on insured notes, bonds, and other obligations issued on behalf of Farm Credit System. In this way we serve as a 'liquidity backstop,' helping to ensure that credit is available to qualified agricultural borrowers within the Farm Credit System.

We operate according to the following mission and values:

Mission

The Farm Credit System Insurance Corporation (FCSIC), a government-controlled, independent entity, shall:

• protect investors in insured Farm Credit System obligations and taxpayers through sound administration of the Farm Credit Insurance Fund (Insurance Fund),

• exercise its authorities to minimize Insurance Fund loss, and

• help ensure the future of a permanent system for delivery of credit to agricultural borrowers.

Values

Six core values guide us in accomplishing FCSIC’s mission:

• Integrity: We follow the highest ethical and professional standards.

• Competence: We are a skilled, dedicated and diverse workforce that strives to achieve outstanding results.

• Teamwork: We communicate and collaborate with one another and with other regulatory agencies.

• Effectiveness: We respond quickly and prudently to insurance risks.

• Accountability: We are accountable to each other and to our stakeholders to operate in a fiscally responsible and operationally effective manner.

• Fairness: We respect individual viewpoints and treat one another and our stakeholders with impartiality, respect and fairness.