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View FCS Institution Directory
View Reports for Louisiana Land Bank, ACA
FCS Institution Directory
710924
Louisiana Land Bank, ACA
Active
318-387-7535
4005227
Mr. F. Stephen Austin
Mr. Cullen Kovac
Addresses
2413 Tower Drive
Monroe, LA 71201
Ouachita
http://www.louisianalandbank.com
Charter Information
Louisiana Land Bank, ACA
1/4/2010
8087
Map and Territory Description
Map of institution territory
The State of Louisiana.
Comment
Effective February 1, 2000, the Louisiana Federal Land Bank Association, assumed authority to make and participate in long-term real estate mortgage loans. The association will be known as Louisiana Federal land Bank Association, 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 Louisiana Federal Land Bank Association, FLCA to form Louisiana Land Bank, ACA. The FCA also approved a subsidiary structure with the PCA known as Louisiana Production Credit, PCA, and amended the FLCA charter to make it a subsidiary of Louisiana Land Bank, ACA. The FLCA subsidiary retains the name Louisiana Federal Land Bank Association, 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.