Farm Credit marks 95th anniversary

Published 11:13 am Friday, July 29, 2011

MARKING ITS 95TH ANNIVERSARY, board members and staff of Southwest Georgia Farm Credit and AgFirst Farm Credit Bank representatives celebrate the Farm Credit System’s establishment by President Woodrow Wilson in July 1916.

Members of the board of directors, staff and AgFirst Farm Credit Bank representatives took time to celebrate the Farm Credit System’s 95th anniversary recently.

Farm Credit is a national network of cooperatively-owned lenders offering financing and related services to agricultural producers and agribusinesses. The Farm Credit System was established by President Woodrow Wilson in July 1916, to fill the need for long-term agricultural credit, and today, serves nearly 500,000 borrower-owners with more than $175 billion in loans and financial services in all 50 states and Puerto Rico.

“Over the course of 95 years, America’s farmers and agribusiness leaders have worked hard to develop new, more efficient and sustainable ways to thrive in the business of agriculture, and Farm Credit has served as a vital link to accomplish those goals,” said Richard Monson, president of Southwest Georgia Farm Credit. “Our focus now, as it always has been, is to be knowledgeable about our customers’ operations and experts in providing financing solutions to meet their needs today, and tomorrow.”

At its 95th anniversary, the Farm Credit System has:

• Assets in excess of $214 billion

• More than 10,000 employees

• Coverage in every county in all 50 states, Washington, D.C., and Puerto Rico.

Southwest Georgia Farm Credit serves 21 counties in the southwestern part of the state of Georgia, providing financing opportunities for farmers, farm businesses, recreational property, timber investments, homes in the country, farm equipment loans, and more. Visit SWGAFarmCredit.com for more information.