Read the news we share with the media—all the highlights from the goings-on at Carolina Farm Credit.
STATESVILLE, NC – Carolina Farm Credit completed the 2017 director election by mail on October 6th. The members elected to serve are J. Eric McPherson (2 year term), L. Eddie Smith (3 year term), Mark A. Bray (4 year term), David M. Coltrane (5 year term), Vickie N. Smitherman (5 year term), and D. Kaleb Rathbone (5 year term).
STATESVILLE, NC – Carolina Farm Credit is retiring $12.6 million of member equities in cash, representing 100% of the 2010 series of qualified allocated surplus non-qualified allocated surplus. The Association had also distributed a cash patronage of $14.9 million in April of this year. With cash patronage in the spring, and the retirement of this surplus, the cash returned to stockholders in 2017 totals nearly $27.5 million.
STATESVILLE, NC – Vance Dalton, Carolina Farm Credit CEO, recently recognized Directors for their years of service. Directors who reached 5-year incremental service anniversaries in 2017 were recognized at Carolina Farm Credit’s annual planning session in Dobson, NC.
[Statesville, NC] AgCarolina Farm Credit, Cape Fear Farm Credit, and Carolina Farm Credit are proud to announce the first annual Pull for Youth Charity Sporting Clays events benefitting NC 4H and FFA.
STATESVILLE, NC – As part of a national Farm Credit Farmers’ Market on July 26, 2017, Russell Hedrick from Conover, NC supplied corn meal, grits, and Seventeen Twelve Bourbon to the farmers’ market that was held in the Library of Congress in Washington, D.C.
STATESVILLE, NC – As part of a national Farm Credit Fly-In on July 24 - 27, 2017, Scott “JD” Sink from Hiddenite, NC met with members of Congress to discuss the Farm Bill and how Farm Credit fulfills its mission to support rural communities and agriculture with reliable, consistent credit and financial services.
STATESVILLE, NC – As part of a national Farm Credit Farmers Market on July 26, 2017, Alan Smith, owner of Daddy Pete’s Plant Pleaser from Taylorsville, NC had products featured in the Library of Congress in Washington, D.C. Alan’s featured product was Daddy Pete’s Sea n’ Farm Potting Soil.
STATESVILLE, NC – The staff of the Boone Branch of Carolina Farm Credit recently volunteered at the Children’s Hope Alliance in Banner Elk. Employees built and planted window boxes as well as planted flowers in existing window boxes.
STATESVILLE, NC – As part of a national Farm Credit Fly-In on July 24 - 27, 2017, Carmen Huffman from Hiddenite, NC met with members of Congress to discuss the Farm Bill and how Farm Credit fulfills its mission to support rural communities and agriculture with reliable, consistent credit and financial services.
STATESVILLE, NC – The staff of the Jefferson Branch of Carolina Farm Credit recently purchased and installed planters to update the landscaping at the West Jefferson farmers’ market. The branch staff created planters out of metal wash tubs, and filled the planters with flowers.
STATESVILLE, NC – Carolina Farm Credit is now accepting applications for the 9th class to participate in an e-learning financial and business planning course. The Ag Biz Planner curriculum includes financial and business planning, budgeting and other money matters essential to a farm’s success.
STATESVILLE, NC – Voting to select the top three photos for the 2018 Carolina Farm Credit Calendar will be open to the public at carolinafarmcredit.com until July 31, 2017.
STATESVILLE, NC – STATESVILLE, NC – The staff of the Taylorsville Branch of Carolina Farm Credit recently purchased and prepared meals to be given out from the Mobile Café food truck of Alexander County. The truck serves hot meals to people in need in Alexander County.
STATESVILLE, NC – Carolina Farm Credit customer Stephanie Bolick and her husband Larry, members from the Graham Branch recently took delivery of their new 2017 John Deere Gator! The Gator was given away as a part of Carolina Farm Credit’s annual Customer Appreciation Events.
STATESVILLE, NC – Carolina Farm Credit recently recognized the recipients of their 2016 Corporate Mission Fund grants at a luncheon. Carolina Farm Credit awarded $144,000 in grants and scholarships in 2016, to 27 organizations and 8 college students.
STATESVILLE, NC – Carolina Farm Credit’s Ag Leadership Institute, held at the Grand Bohemian Hotel in Asheville, brought together and celebrated young, beginning, and small farmers. It was created to equip these farmers to meet the challenges of modern agriculture and encourages the sharing of ideas and networking within the industry. This year, 17 couples participated from farms across Carolina Farm Credit’s territory and were selected for their leadership and achievements.
STATESVILLE, NC – Carolina Farm Credit CEO Vance C. Dalton, Jr. is proud to announce that a cash dividend of over $14.8 million will be distributed to members. This distribution represents our cooperative’s sharing of 2016 profits.
STATESVILLE, NC – Carolina Farm Credit is excited to announce that 3 local Farmer Veterans are participating in the new Ag Biz Basics course. The Ag Biz Basics’ Farmer Veteran course is hosted by Farm Credit University, and consists of 4 online modules made up of interactive services, discussions and real life application examples.
STATESVILLE, NC – The Farm Credit Associations of NC announce Brandon Batten as the recipient of the 2017 Innovative Farmer of the Year Award given by The Tobacco Farm Life Museum.
STATESVILLE, NC – Carolina Farm Credit, in conjunction with AgCarolina Farm Credit and Cape Fear Farm Credit, are proud to announce the donation of $10,640 from employees and directors for Hurricane Matthew relief efforts in North Carolina.
STATESVILLE, NC – Carolina Farm Credit, its employees, and board members donated $4,000 to local charities in 2016. $2,000 was collected by employees and board members who participated in a charity contribution throughout 2016 and Carolina Farm Credit matched the employee and director donations. Each of the Carolina Farm Credit 32 branch offices submitted a local charity choice and four charities were selected through a random drawing to divide the donations.
STATESVILLE, NC – Carolina Farm Credit is pleased to announce that it is now accepting grant applications for its Corporate Mission Fund. 2017 is the third year that grants will be awarded from the earnings of the fund.
STATESVILLE, NC – The Carolina Farm Credit Calendar Photo Contest is underway at CarolinaFarmCredit.com. Members, employees, and friends of Carolina Farm Credit can submit photos via the website until May 31, 2017.
STATESVILLE, NC – The Carolina Farm Credit Hendersonville Staff recently volunteered at Sugar hill Apartments at Ladies Mantle Court. Volunteers helped plant shrubbery and apple trees for residents to enjoy.
STATESVILLE, NC - The North Moore High School FFA recently received a grant through Carolina Farm Credit’s Corporate Mission Fund. The grant will be used in the planning and installation of a school arboretum. This arboretum will allow horticulture students access to over 80 species of plants along with hands on experience caring for and identifying plant species
STATESVILLE, NC – Rising Hope Farms (Catawba County) was recently awarded a grant through Carolina Farm Credit’s Corporate Mission Fund. The grant will be used to build a handicap restroom for riders and an office to house paperwork and medical supplies. Additional funds will be used to install a viewing area along with a break area and restroom for volunteers.
STATESVILLE, NC – West Rowan High School’s FFA Chapter was recently awarded a grant as part of Carolina Farm Credit’s Corporate Mission Fund. The grant will be used to purchase a small equine stall barn and tack area. This area will provide students interested in equine science education the opportunity to learn more about equine medicine and care.
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