Competitive rates on long-term fixed-rate financing options.
Meet the routine cash flow needs of your business and manage risk.
Quick and competitive financing for life’s needs from equipment to real estate improvement
Acquire flexibility and potential tax benefits.
Financing farm-related services such as custom application.
Integrated financial tools to move your business further.
Financing for purchasing equipment or refinancing equipment loans
Food and fiber debt syndications and investments.
Financing specialized for processors, manufacturers and distributors of food and agricultural goods.
Specialized financing for large-scale beef producers to stay competitive and manage, improve or enlarge their operations.
Financing options for large-scale dairy producers to embrace opportunities and overcome milk price hurdles the market can present.
Specialized financing for large, established poultry and egg producers that takes market swings and regulations into account.
Financing options for large-scale pork producers, integrators and processors to help manage and expand their operations.
We offer financial products tailored to sawmills and the unique credit needs of the timber and forest products business.
The stories, people and programs that are making an impact in rural communities and agriculture.
Collaborating with businesses and others in the agricultural industry that passionately care about rural America.
Initiatives that contribute to the economic vibrancy of rural communities and agriculture.
Where agriculture meets business and expertise meets Insight.
Meet the people and explore the forces shaping the place you call home.
In March, Farm Credit Mid-America will pay a record $186 million in cash Patronage dividends to eligible customer-members. Last year, the financial services cooperative returned $146 million back to customers.
“Last year farmers faced serious challenges,” said Bill Johnson, Farm Credit Mid-America president and CEO. “Spring and fall flooding that delayed planting and harvests, low prices and trade uncertainties.
“It was a year of enormous stress, and while situations have improved some, there’s still a lot of unease, so we’re very happy to be able to return to them money they can reinvest into their operations and communities.”
With this year’s Patronage, the total returned to Farm Credit Mid-America customers will be nearly a half-billion dollars. Patronage is not a guarantee – the association’s board annually has to approve the program, and not all customers will receive a check.
“Patronage is a powerful benefit of belonging to a cooperative and we’re fortunate that our strong financial position ensures we can continue to provide reliable credit through good and challenging times, now and into the future,” said Johnson.
In addition to Patronage, customer/owners participate in annual Board of Director and Nominating Committee Elections, and vote on issues that influence operations.
Ohio customers will receive more than $53 million, Indiana customers more than $58 million, Kentucky customers more than $44 million and Tennessee customers nearly $26 million.
The amount each eligible customer will receive is proportionate to their transaction level with the Association during 2019. Since patronage is considered taxable income, customers will receive IRS forms related to this year’s patronage in January 2021. Farm Credit Mid America encourages recipients to speak with their financial advisors.
For more information on Patronage, visit e-farmcredit.com/Patronage
Former Senior Vice President of Financial Related Services Promoted to Oversee Sales and Support Teams in the Volunteer State Read story
Read story
Former Regional Vice President receives promotion Read story
The Farm Credit Mid-America Board of Directors is pleased to announce the intent to merge Farm Credit Mid-America and Farm Credit Midsouth under the name Farm Credit Mid-America. Read story