STATESVILLE, NC – Carolina Farm Credit customer Jerry Strader and his wife Paige, members from the Brown Summit Branch recently took delivery of their new 2018 Bobcat 3400 UTV! The Bobcat was given away as a part of Carolina Farm Credit’s annual Customer Appreciation Events.
During the month of April, each Carolina Farm Credit Branch hosted a Customer Appreciation Event where attendees were eligible to enter a drawing for the Bobcat valued at $15,000. The winners of each branch drawing were then entered into an association-wide drawing that took place on May 7th.
The 2018 Customer Appreciation Events marked the third year that patronage was returned in the form of an all cash dividend. Patronage refunds were declared for the 30th consecutive year and over $21.5 million was distributed to members.
“Carolina Farm Credit had another successful year in 2017. We’re pleased to be able to share our success with our borrowers by putting our profits in their pockets,” said Rex Bell, Chairman of the Carolina Farm Credit Board of Directors
The Bobcat was delivered by Piedmont Bobcat of Kernersville.
Carolina Farm Credit is a stockholder-owned cooperative providing financing to full and part-time farmers and agricultural-related businesses and also provides financing for the construction and purchase of homes in 54 counties through 32 branch offices. Other financial services available are credit life insurance, appraisal services, leasing programs and financial planning.
For 100 years Farm Credit has been supporting rural communities and agriculture with reliable, consistent credit and financial services.
Carolina Farm Credit serves over 10,000 members with loans outstanding totaling more than $1.4 billion. The association’s territory covers the western half of North Carolina, with branch offices located in Albemarle, Asheboro, Asheville, Boone, Browns Summit, Burnsville, Carthage, Concord, Conover, Ellerbe, Graham, Hendersonville, Jefferson, Lenoir, Lexington, Lincolnton, Monroe, Murphy, Pilot Mountain, Roxboro, Rural Hall, Salisbury, Shelby, Siler City, Sparta, Spindale, Statesville, Taylorsville, Waynesville, Wilkesboro, Yadkinville, and Yanceyville.
Directors for Carolina Farm Credit are W. Rex Bell, Chairman, Statesville, David M. Coltrane, Vice-Chairman, Pleasant Garden; John M. Barnard, Statesville; E. Bernard Beck, Seagrove; Mark A. Bray, Lawsonville; Susie J. Gambill, Sparta; Joseph A. Lail, Shelby; Clark M. Newlin, Haw River; Thomas E. Porter, Jr., Concord; Eric McPherson, Snow Camp; D. Kaleb Rathbone, Waynesville; Lewis E. Smith, Lincolnton; Vickie N. Smitherman, East Bend; L. Kim Starnes, Salisbury; Dr. Alton Thompson, Summerfield.