MEMORANDUM AND ORDER
GILBERT, Chief Judge:
Pending before this Court is a motion to remand this cause of action to state court (Document No. 6). The basis for this motion is threefold and include: 1) the Federal Debt Collection Procedure Act of 1990 is inapplicable to Farm Credit System institutions; 2) the Federal Debt Collection Procedures Act of 1990 is inapplicable to a Farm Credit System institutions' right to enforce a security agreement; and 3) a judgment entered in a state court is not subject to the Federal Debt Collection Procedure Act of 1990.
This Court will dispose of this motion by addressing the first argument that the Federal Debt Collection Procedure ("FDCP") is inapplicable to Farm Credit System institutions. The FDCP states that "except as provided in subsection (b), the chapter provides the exclusive civil procedures for the United States- (1) to recover a judgment on a debt; or (2) to obtain, before judgment on a claim for a debt, a remedy in connection with such claim." 28 U.S.C. Section 3001 (a)(1) & (2). United States is defined as "(A) a federal corporation; (B) an agency, department, commission, board, or other entity of the United States; or (C) an instrumentality of the United States." 28 U.S.C. Section 3002,(15)(A),(B),(C). Accordingly, the question presented to this Court is whether the FDCP's definition of "United States" includes Agribank.
It is well settled law that the federal land banks, national farm loan associations, local co-operative organizations of borrowers through which the land banks make loans to individuals (all institutions within the Farm Credit System, including Agribank) are federal instrumentalities. Federal Land Bank of St. Paul v. Bismarck Lumber Co., 314 U.S. 95, 102, 86 L. Ed. 65, 62 S. Ct. 1 (1941), citing, Smith v. Kansas City Title & Trust Co., 255 U.S. 180, 65 L. Ed. 577, 41 S. Ct. 243 (1921) and Federal Land Bank v. Priddy, 295 U.S. 229, 231, 79 L. Ed. 1408, 55 S. Ct. 705 (1935).
As the defendant admits, the FDCP, when viewed alone, appears to he applicable to debts owed to constituent institutions of the Farm Credit System, including itself. However, the Farm Credit Act of 1959, Public Law 86-168, Section 203(b) states:
Any act of Congress enacted after the effective date of this title and which states that it shall he applicable to agencies or instrumentalities of the United States or to corporations controlled or owned, in whole or in part, by the United States, or to officers and employees of the United States or such agencies or instrumentalities or corporations, shall not he applicable to a Federal land bank, Federal intermediate credit bank, or bank for cooperatives, or to its directors, officers, or employees unless such Act specifically so provides by naming such banks.