Fcs (Noun)
Meaning
A cooperative nationwide system of banks and associations providing credit to farmers and related businesses; originally capitalized by the federal government but now owned by its members and borrowers.
Classification
Nouns denoting groupings of people or objects.
Examples
- The Farm Credit System provides financing for agricultural and rural America through a network of cooperatives and banks.
- Farmers and ranchers rely on the FCS for loans and other financial services to support their operations.
- The FCS is a vital source of credit for rural communities and plays a critical role in the US agricultural economy.
- The Farm Credit System is a member-owned cooperative that offers a range of financial products and services to its borrowers.
- The FCS has been serving the agricultural community for over a century, providing financing for farms, ranches, and rural homes.