About East Central Oklahoma
Farm Credit Services of East Central Oklahoma is dedicated to serving the credit and financial needs of farmers and ranchers in eastern
and central Oklahoma.
We are a part of the Farm Credit System, a $210-billion nationwide network of lending institutions, chartered in 1916.
Overall, the Farm Credit System supplies the nation's agricultural industry with nearly one-third of its credit needs.
How we operate:
FCS of East Central Oklahoma operates on a cooperative
basis. This means our customers are the owners. Customers elect a board of 11 directors
by ballot vote. Two additional directors are appointed by the board.
Where we get funds:
Unlike commercial banks, Farm Credit institutions do not
take deposits. Instead, money is raised by selling system-wide bonds on Wall
Street. The proceeds are then channeled through Farm Credit banks and
Associations to agricultural producers and cooperatives. Due to the fact the
Farm Credit System has market attractiveness along with the volume of funds
raised, Farm Credit institutions are able to offer competitive interest rates and unlimited amounts of capital to the agricultural sector.
Where we are located:
FCS of East Central
Oklahoma has a network of 11 branch offices in east central
Oklahoma. The corporate headquarters is located at 601 East Kenosha, Broken
Arrow, OK 74012,
Click here to locate an office near you.