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Farm Credit System: Repayment of Federal Assistance and Competitive Position

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Report Type Reports and Testimonies
Report Date March 10, 1994
Report No. GGD-94-39
Subject
Summary:

This report discusses the Farm Credit System's repayment of the federal financial assistance provided in the late 1980s and its current and future competitive position. In studying rural credit cost and availability, GAO answers three main questions: (1) Whether and how the federal financial assistance granted to the Farm Credit System will be repaid? (2) What is the extent and fairness of competition between System institutions and commercial banks? (3) Whether the System's charter should be changed to permit diversification?

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