The Farm Credit System (System) was first authorized by Congress in 1916 to meet the needs of agricultural producers. The System provides credit and related services through the System Banks and related Associations. Currently, the System consists of five Banks and approximately 96 Associations. The System Banks and Associations are cooperatively owned, directly or indirectly, by their borrowers. The Fresno Madera Farm Credit, ACA (FMFC) is a federally chartered, member-owned, credit institution with two subsidiaries (Fresno Madera Production Credit Association and Fresno Madera Federal Land Bank Association, FLCA) operating under the authority of the Farm Credit Act. FMFC provides service to eligible borrowers in the central San JoaquinValley.