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Return to Comments
Amortization Limits
Type: Regulation
Federal Register Document Type: Proposed
FCA Regulations contain a “gap” in lending authorities between a production credit association (PCA) and an agricultural credit association (ACA). A PCA has authority to make short- and intermediate-term loans for a period of 10 years (15 for aquatic producers), with a maximum amortization period of 15 years. Additionally, any refinancing may not extend beyond 15 years from the date of the original loan. An ACA has the same short- and intermediate-term authority lending authority; however, there is no limitation on the amortization period as well as the refinancing period.

Text of Comment Letter

Good Afternoon,

Attached is Northwest Farm Credit Services’ comment letter on the Proposed Rule regarding PCA Amortization Limits – RIN 3052-AC92 / Federal Register Vol. 85, No. 15 (January 23, 2020).

Please feel free to reach out with any questions.

Thank you,


Colton Telford, CPA
AVP-Policy & Collateral Services

2001 S Flint Rd,  Spokane, WA 99224

o 509.340.5349  │ m 509.590.3846

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