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.
Specialized financing for sawmills, wood processing operations and large timberland owners to achieve profitability.
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.
CLEVELAND, Ohio – Members of the Farm Credit System today announced continued financial support for beginning urban farmers in the City of Cleveland through the “Gardening for Greenbacks” program. CoBank and Farm Credit Mid-America have committed $50,000 to the program in 2019.
Established in 2009, Gardening for Greenbacks is an innovative initiative developed by the City of Cleveland to increase production of local foods. The program has established Cleveland as a model for local food system development. Providing financial assistance to local entrepreneurs for development of for-profit urban gardens has encouraged economic development and increased residents’ access to fresh, healthy and affordable food.
U.S. Rep Marcia Fudge introduced Farm Credit to the local food movement in Cleveland in 2012. Since an initial investment of $135,000 in the program, along with other support, 35 farms have opened in the last five years, 21 of which are minority and/or female-owned businesses.
“Through Gardening for Greenbacks, Farm Credit Mid-America is supporting agriculture by empowering farmers, many of them young and diverse, in an urban environment,” said Bill Johnson, president and CEO of Farm Credit Mid-America. “These farmers are making make fresh, healthy and affordable food available to residents who otherwise might go without.
“Cleveland is a national leader in supporting urban agriculture and we are proud to help further their efforts,” said Johnson.
“Farm Credit shares Representative Fudge’s commitment to encourage and support young and beginning farmers,” said Thomas Halverson, president and CEO of CoBank. “Our support of the Gardening for Greenbacks program has allowed us to help people to enter the world of urban agriculture, supplementing their incomes and increasing access to fresh produce throughout the city.”
The Farm Credit donation will fund grants of up to $5,000 for recipients to acquire equipment needed for urban gardening, such as tools, irrigation equipment and fencing. Eligible grant recipients must be certified in urban agriculture by either The Ohio State University’s Master Gardener Volunteers program or the Rid-All Green Partnership’s Annual Training Series. Participants must also commit to sell their produce locally.
Farm Credit is a nationwide network of 72 customer-owned financial institutions that provides loans and related financial services to U.S. farmers and ranchers, farmer-owned cooperatives and other agribusinesses, rural homebuyers and rural infrastructure providers. Farm Credit Mid-America is one of the largest associations within the Farm Credit System. With more than 1,100 employees, Farm Credit Mid-America serves nearly 90,000 customers throughout Indiana, Ohio, Kentucky and Tennessee.
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
The three incumbent directors will continue to provide strategic direction to the Association’s leadership Read story
New position completes new leadership structure at one of the nation’s leading financial services co-ops Read story
Leadership liaison provides accountability, strengthens operations and helps financial services co-op mitigate risk Read story