# News

- FCSIC Notice of Regular Board Meeting April 10, 2024 Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.Read the entire&nbsp;notification of the April 10, 2024&nbsp;Board meeting&nbsp;(PDF).
- Audited Financial Statements for the Years Ending December 31, 2023 and 2022 The audited financial statemtents for&nbsp;the years ending December 31, 2023 and 2022 are available for download.Download the full report&nbsp;(pdf)View all Financial Statements
- Board Approves Premium Accrual Rates for 2024 The Farm Credit System Insurance Corporation (Corporation or FCSIC) Board has approved a reduction in the insurance premium assessment rate on adjusted insured debt to 10 basis points for 2024 from 18 basis points in 2023. The Board also approved continuing the assessment of 10 basis points on nonaccrual loans and other-than-temporarily impaired investments.Read the full memorandum here (pdf)
- FCSIC Notice of Regular Board Meeting February 7, 2024 Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.Read the entire notification of the February 7, 2024&nbsp; Board meeting&nbsp;(PDF).
- Update to Part 1411—Rules of Practice and Procedure In accordance with the Federal Civil Penalties Inflation Adjustment Act of 1990, as amended, a civil money penalty imposed pursuant to section 5.65(c) or (d) of the Farm Credit Act of 1971, as amended, shall not exceed $257 per day for each day the violation continues.Read the revised regulation here.
- FCSIC Notice of Regular Board Meeting December 13, 2023 Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.Read the entire notification of the December 13,&nbsp;2023 Board meeting&nbsp;(PDF).
- FCSIC seeks comments on draft strategic plan FY 2024-2029 The Farm Credit System Insurance Corporation (FCSIC or Corporation) Board of Directors invites the public to review and comment on a draft of FCSIC&rsquo;s strategic plan for 2024-2029. The plan will be open for public comment until&nbsp;November 28, 2023. Comments may be submitted by mail to Andrew Grimaldi, Farm Credit System Insurance Corporation,&nbsp;1501 Farm Credit Drive, McLean, VA 22102, or&nbsp;by e-mail to&nbsp;GrimaldiA@fcsic.gov. The draft strategic plan is being issued for public comment in accordance with the Government Performance and Results Act of 1993, which requires agencies to consult with Congress and solicit and consider the views and suggestions of those potentially affected by, or with an interest in, an agency&rsquo;s strategic plan.Read the draft strategic plan here (PDF).
- FCSIC Notice of Regular Board Meeting October 11, 2023 Notice of the forthcoming regular meeting of the Board of Directors of the Farm Credit System Insurance Corporation (FCSIC) is hereby given in accordance with the provisions of Article VI of the Bylaws of the FCSIC.Read the entire notification of the October 11,&nbsp;2023 Board meeting&nbsp;(PDF).
- The FCSIC 2022 Annual Report has been posted The 2022 Annual Report of the Farm Credit System Insurance Corporation has been posted.Download the report (pdf)
- FCSIC Policy Statement Concerning Assistance At its July 12th&nbsp;meeting, the FCSIC Board adopted an updated policy statement concerning assistance.Read the policy (pdf)