Farmer Mac has also announced a $65 million capital infusion from six financial institutions that it says will restore its capital position and meet regulatory requirements. The investors are: AgFirst Farm Credit Bank; AgriBank FCB; CoBank ACB; Farm Credit Bank of Texas; U.S. AgBank FCB; and Zions Bancorporation. "This capital infusion, made by investors who know us well with the full support of our regulator, meets our commitment to satisfy regulatory requirements and support our plans to further our congressional mission for the benefit of farmers, ranchers, and rural residents," said Lowell Junkins, acting chairman of Farmer Mac's board.
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