Recognizing the importance of agriculture to our nation's economy, Congress passed the Federal Farm Loan Act which was signed into law by U.S. President Woodrow Wilson in 1916. The Federal Land Bank, which makes long-term real estate loans to farmers and ranchers, was the first of the three lending institutions which comprise today's cooperative Farm Credit System.
Wichita was granted the first of 12 Federal Land Bank charters nationwide and charged with developing lending programs in Kansas, Oklahoma, Colorado and New Mexico. In turn, it issued the first local association charter to the Pawnee County National Farm Loan Association of Larned.
Originally started with seed money appropriated by Congress, the Farm Credit System has long since repaid all government funds. Today, it is entirely owned by the farmers and ranchers it serves.
| HM Number | HM11ED |
|---|---|
| Series | This marker is part of the Kansas: Kansas Historical Society series |
| Tags | |
| Marker Number | 108 |
| Placed By | Kansas Historical Society & Kansas Department of Transportation |
| Marker Condition | No reports yet |
| Date Added | Saturday, October 11th, 2014 at 2:08pm PDT -07:00 |
| UTM (WGS84 Datum) | 14S E 489823 N 4224034 |
|---|---|
| Decimal Degrees | 38.16415000, -99.11616667 |
| Degrees and Decimal Minutes | N 38° 9.849', W 99° 6.97' |
| Degrees, Minutes and Seconds | 38° 9' 50.94" N, 99° 6' 58.20" W |
| Driving Directions | Google Maps |
| Area Code(s) | 620 |
| Closest Postal Address | At or near 17 NE Trail St, Larned KS 67550, US |
| Alternative Maps | Google Maps, MapQuest, Bing Maps, Yahoo Maps, MSR Maps, OpenCycleMap, MyTopo Maps, OpenStreetMap |
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