At AgVantis, we exist to do more than integrate technology. We transform it into solutions that solve the most pressing business challenges in Farm Credit. We are the longest-standing technology and business service provider in our industry, with a singular focus: empowering Farm Credit institutions to deliver capital, insight, and opportunity across rural America.
In 1916, Congress created the Farm Credit System to provide sound and dependable credit to American farmers, ranchers, producers or harvesters of aquatic products and farm-related businesses through a member-owned cooperative system. The employees of AgVantis were originally part of the Farm Credit Bank of Wichita’s information services department. We are a part of the ninth Farm Credit District in the United States. On August 3rd of 2001, the Farm Credit Bank of Wichita (Bank) and Associations of the Ninth Farm Credit District formed AgVantis, Inc., as a separate 4.25 corporation to serve the technology needs of the Associations and the Bank. All entities in the Farm Credit System are governed and regulated by the Farm Credit Administration. Our charter allows us to provide solutions and services to only entities within the Farm Credit System. All remaining revenue at the end of our fiscal year is either held as retained earnings, or returned to our Owner-Associations in the form of patronage. Our status affords us the opportunity to provide solutions, services, support, and expertise uncommon to competitors outside of the System.
The Farm Credit Administration (FCA), is an independent agency in the executive branch of the U.S. Government. The FCA is responsible for the regulation and examination of the banks, associations, and service providers that collectively comprise the Farm Credit System. FCA’s mission is to promote a safe and sound and dependable source of credit and related services for all credit worthy and eligible persons in Agriculture and rural America. The Farm Credit System is a nationwide network of customer-owned cooperatives. Together, the system supports more than 500,000 farmers, ranchers, agricultural producers, rural infrastructure providers and rural home buyers in all 50 states and Puerto Rico. Farm Credit is one the nation’s oldest financial institutions created to support rural communities and agriculture with reliable, consistent credit and financial services, today and tomorrow. Farm Credit borrowers enjoy the size, stability and strength of a nationwide system of lenders. They also appreciate the benefits of borrowing from a local Farm Credit Association where the employees know the local agriculture, are a part of the community, and understand the market conditions and opportunities that may exist.
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