Ethics, Integrity, and Honesty

Yankee Farm Credit is committed to conducting its affairs to the highest standards.

Yankee Farm Credit, ACA Code of Ethics

Association employees and directors are expected to be honest, truthful and ethical.

This Code of Ethics applies to all employees and directors and supplements the Association's Standard of Conduct Policies and related disclosures. The Code of Ethics will be included in the Standards of Conduct disclosure process. Employees with responsibility for the preparation and distribution of financial statements will complete a more detailed acknowledgment relating to these activities.

The Association expects all of its employees and directors to act in accordance with the highest standards of personal and professional integrity in all aspects of their activities. Employees and directors are expected to comply with all laws, rules and regulations, to deter wrongdoing, and to abide by the Association’s Standard of Conduct Policies and related directives.

Employees responsible for the preparation and distribution of financial statements and related disclosures shall provide relevant information that is true, accurate, and complete to members, CoBank, the Federal Farm Credit Banks Funding Corporation, FCA, and any other duly authorized individual, entity, or governing body.

Each employee and director agrees as follows:

  • To engage in and promote honest and ethical conduct, including ethical handling of actual or apparent conflicts of interest between personal and business relationships.
  • To avoid as completely as possible conflicts of interest, whether actual or perceived, and disclose to the Standards of Conduct Official any material transaction or relationship that reasonably could be expected to give rise to a conflict.
  • To hold all information about borrowers and applicants in strict confidence and to take all reasonable measures to protect the confidentiality of non-public information about the Association and its customers obtained or created in connection with Association activities and to prevent the unauthorized disclosure of this information unless required by law or regulation or legal or regulatory process.
  • To comply with applicable laws, rules and regulations, as well as the terms and conditions of self-regulatory agreements to which the Association is a party.
  • To promptly report any possible or actual violation of this Code of Ethics to the Standards of Conduct Official, the Chairman of the Audit Committee, or report the situation anonymously via Yankee's independent third part whistleblower hotline/website.  Telephone 1-800-508-8418; website
  • The following additional requirements apply to employees responsible for the preparation and distribution of financial statements and related disclosures. Such employees include but are not limited to the chief executive officer, the chief financial officer and the controller.
  • Such employees shall produce full, fair, accurate, timely and understandable disclosures in the Association's financial Statements, annual report, and related financial reports.
  • Such employees are prohibited from directly or indirectly taking action to fraudulently influence, coerce, manipulate, or mislead the Association's independent public accountant for the purpose of rendering the financial statements of the Association misleading.

Each employee and director further agrees as follows:

  • They will be held accountable for adherence to this Code of Ethics.
  • Failure to observe the terms of this Code of Ethics may result in disciplinary action, up to and including termination of employment.
  • Violation of the Code of Ethics may also constitute violations of law and may result in civil and criminal penalties for you, your supervisors, or the Association.
  • No employee may retaliate against another employee for bringing or supporting a complaint of violation of Code of Ethics.  However, if an investigation reveals that a complainant or witness has made a knowingly false allegation or statement in bad faith, then disciplinary or other appropriate action against this person may be imposed.

Any questions regarding the best course of action in a particular situation should promptly be directed to the Standards of Conduct Official or the Chairman of the Audit Committee. Any individual contacting the Standards of Conduct Official or the Chairman of the Audit Committee may remain anonymous when reporting a possible violation of this Code of Ethics. There is also an option to report any situation anonymously via Yankee’s whistleblower hotline/website. 

How can we help?

We've been helping rural America for over a century. Take a minute to tell us about your challenge. We're here to listen and help plan a way forward.

Contact Us