Farm Credit Bank of Texas is a cooperative owned by these Farm Credit Associations, which directly finance rural real estate, agricultural production, country homes and agribusiness firms. Together with the other four banks of the Farm Credit System (AgFirst Farm Credit Bank, Columbia, South Carolina; AgriBank FCB, St. Paul, Minnesota; CoBank, ACB, Denver, Colorado; and U. S. AgBank, FCB, Wichta, Kansas), the bank generates funds from the issuance of debt securities in the national and international financial markets through the Federal Farm Credit Banks Funding Corporation, a joint subsidiary of the banks of the Farm Credit System. These debt securites are the joint and several liabilities of the banks of the Farm Credit System and are neither guaranteed by the federal government nor backed by the full faith and credit of the federal government. The Farm Credit Insurance Fund is available to protect investors in Farm Credit System debt securities. As of September 2008, the long-term debt of the Farm Credit System carries the ratings of AAA from Standard & Poor's Rating Service and Fitch Ratings and Aaa from Moody's Investors Service. As of the same date, the Farm Credit System's short-term debt carries the ratings of A-1+, F1+ and P-1, respectively, from the three rating agencies. Complete information on the Farm Credit System's debt securites can be found at the website of the Federal Farm Credit Banks Funding Corporation.