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View FCS Institution Directory
FCS Institution Directory
710990
Alabama Ag Credit, ACA
Active
334-270-8687
3025349
Mr. Douglas Thiessen
Mr. John Carl Sanders
Addresses
2660 EastChase Lane, Suite 401
Montgomery, AL 36117
Montgomery
http://www.alabamaagcredit.com
Charter Information
Alabama Ag Credit, ACA
1/4/2010
8081
Map and Territory Description
Map of institution territory
In the State of Alabama, the Counties of Autaugo, Baldwin, Barbour, Bibb, Bullock, Butler, Chambers, Chilton, Choctaw, Clarke, Coffee, Conecuh, Coosa, Covington, Crenshaw, Dale, Dallas, Elmore, Escambia, Geneva, Greene, Hale, Henry, Houston, Lee, Lowndes, Macon, Marengo, Mobile, Monroe, Montgomery, Perry, Pickens, Pike, Russell, Sumter, Tallapoosa, Tuscaloosa, Washington, and Wilcox.
Comment
Effective October 1, 1999, the FLBA of South Alabama, assumed authority to make and participate in long-term real estate mortgage loans. The association will be known as Federal Land Bank Association of South Alabama, 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 South Alabama, FLCA to form Alabama Ag Credit, ACA. The FCA also approved a subsidiary structure with the PCA known as Alabama Ag Credit, PCA, amended the FLCA charter to make it a subsidiary of Alabama Ag Credit, ACA and changed the FLCA subsidiary’s name to Alabama Ag Credit, 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.