Association News

Being able to share profits with our members through patronage is something we get excited about. Most businesses don’t do this, but when you borrow from Farm Credit, you become a member-owner, and therefore, are eligible to receive profits of the Association as declared by fellow farmers that are...

AgCarolina Farm Credit recently announced a $49 million dollar patronage refund for our member-owners. This patronage distribution reduces interest costs for our borrowers by approximately 1.75%. Farm Credit is unique in that it follows a cooperative model and distributes its profits to our members...

AgCarolina Farm Credit announces the distribution of their 2023 patronage distribution to members in early April 2024. The all-cash patronage being paid is $49 million. This patronage is distributed directly to the members of AgCarolina Farm Credit. The amount equates to returning an approximate 30%...

Local farmers graduate from educational Ag Biz ourse offered by AgCarolina Farm Credit. AgCarolina Farm Credit recently recognized 11 individuals that are a part of the 2023-2024 Ag Biz courses. Ag Biz courses are online educational courses offered through Farm Credit that teach financial and...

Farmers are known to work and care for the land, but sometimes they need a little help from the sky. That’s where T&M Aerial Spraying comes in. Tommy Newkirk has been flying since the mid 90’s, and when farmers started asking if he would be willing to get involved with aerial application, Tommy...

Greenville, NC - AgCarolina Farm Credit announces $50,500 in grants have been extended to eighteen organizations through its corporate-giving program. The grants will aid recipients in carrying out programs specifically benefiting farmers and rural residents in central, eastern and southeastern...

Greenville, NC – AgCarolina Farm Credit recently completed the 2023 director election. An independent third party tabulated the ballots, and the results have been certified and provided to the Association. We appreciate the participation of AgCarolina voting stockholders to help strengthen our...

The stockholders of AgCarolina Farm Credit, ACA (“AgCarolina”) are hereby notified in accordance with Farm Credit Administration Regulation §620.15 that on December 31, 2023, Andy Lowrey, an outside director of AgCarolina Farm Credit, will resign from the Board of Directors of AgCarolina due to...

“I couldn’t wait for the school week to be over” said Blalock. “It meant I got to spend Saturday working on the farm with Dad”. Some Saturday’s were spent in the field driving a tractor or scouting crops. Other times you could catch him hauling grain or heading to sell tobacco at the market. No...

The 2023 Annual Stockholders' Meeting of AgCarolina Farm Credit, ACA was held on October 25, 2023 at AgCarolina Farm Credit, 636 Rock Spring Road, Greenville, N.C. The business meeting began at 9:00 a.m. The purpose of the Annual Meeting was to elect Stockholder-Elected Directors and Nominating...