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View FCS Institution Directory
View Reports for Mississippi Land Bank, ACA
FCS Institution Directory
710973
Mississippi Land Bank, ACA
Active
662-562-9671
4095983
Mr. Chad E. Crow
Mr. Mac Alan Blaine
Addresses
5509 Highway 51 North
Senatobia, MS 38668-0667
Tate
http://www.mslandbank.com
Charter Information
Mississippi Land Bank, ACA
1/4/2010
8083
Map and Territory Description
Map of institution territory
In the State of Mississippi, the Counties of Alcorn, Attala, Benton, Bolivar, Calhoun, Chickasaw, Choctaw, Clay, Coahoma, De Soto, Itawamba, Lafayette, Lee, Lowndes, Marshall, Monroe, Noxubee, Oktibbeha, Panola, Pontotoc, Prentiss, Quitman, Sunflower, Tallahatchie, Tate, Tippah, Tishomingo, Tunica, Union, Webster, Winston, and Yalobusha.
Comment
Effective July 1, 1999, Federal Land Bank Association of North Mississippi assumed authority to make and participate in long-term real estate mortgage loans. The association will be known as Federal Land Bank Association of North Mississippi, FLCA.

Effective January 4, 2010, pursuant to the authority under sections 5.17 and 7.7 of the Farm Credit Act of 1971, as amended (Act), FCA chartered a new production credit association that consolidated with the Federal Land Bank Association of North Mississippi, FLCA to form Mississippi Land Bank, ACA. The FCA also approved a subsidiary structure with the PCA known as Mississippi, PCA, amended the FLCA charter to make it a subsidiary of Mississippi Land Bank, ACA and changed the FLCA subsidiary’s name to Mississippi Land Bank, FLCA. The equalization of loan-making power under section 7.7 of the Act authorizes the ACA and its subsidiaries to exercise full lending authorities within their chartered territory. The associations are subject to Conditions of Approval that are also effective January 4, 2010. Pursuant to FCA's Conditions of Approval, FCA will treat the ACA and its subsidiary associations on a consolidated basis for regulatory purposes as the FCA deems appropriate.