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Mergers, Name Changes, and Other Corporate Activity
FCA is responsible for issuing corporate charters to all Farm Credit System institutions. Therefore, when institutions merge, change their names, and make other corporate changes, they must have these actions approved through FCA.
Recent Activity
Association Merger Receives Final Approval
On April 15, FCA granted final approval of the merger between Sacramento Valley Farm Credit, an Agricultural Credit Association, in Woodland, California, and Farm Credit West, ACA, in Visalia, California. The approval also included the mergers of each ACA’s wholly owned subsidiaries. FCA’s final approval followed an affirmative vote on March 7 by the voting stockholders of each ACA.
The merger took effect at the close of business on April 30. Farm Credit West, ACA, the continuing association, moved its headquarters to Roseville in Placer County, California. The FCA Board had given preliminary approval to the merger on February 14.
Association Relocates Headquarters
On May 1, FCA approved a headquarters relocation for AgGeorgia Farm Credit, ACA, which took effect June 1. AgGeorgia moved its headquarters from Dublin in Laurens County, Georgia, to Perry in Houston County, Georgia.
Merger Application Is Pending
A merger application from two ACAs in the Texas District was filed with FCA on May 8 and was pending FCA Board action as of July 1.
Additional Information
To find out the number of banks and associations in the FCS, how they are classified, and how their numbers have changed over the past 12 months, see Number of FCS Institutions.
See FCA Board Approvals of FCS Corporate Applications for corporate activity since January 1, 2008.
To locate an FCS institution or to see a map showing the FCS districts, go to the FCS Directory and Map.