Release date: 8/24/2015
STATESVILLE, NC – The Farm Credit Associations of North Carolina were recently honored with the 2015 Partner in 4-H Award. Representatives from AgCarolina Farm Credit, Cape Fear Farm Credit and Carolina Farm Credit were on hand to receive the award at the North Carolina 4-H Scholarship & Awards Reception held in Raleigh.
With over $3.5 billion in loans and commitments outstanding to over 14,500 North Carolina farmers, the Farm Credit Associations of North Carolina are the leading provider of credit to farmers in North Carolina. Loans are made to finance land, homes, farm buildings, operating expenses, livestock and equipment, as well as other purposes. Credit life insurance, crop insurance, appraisal services, and leasing are also available. Farm Credit is an active supporter of many youth programs in the rural communities of the state. During 2014 the three Farm Credit Associations gave more than $61,000 to 4-H across North Carolina.
“Receiving the 2015 Partner in 4-H award is such an honor. Many of our employees were 4-H members and we’ve been able to experience firsthand the benefits that 4-H provides. 4-H is just one of the great organizations that Farm Credit partners with to ensure North Carolina Agriculture is viable for many years to come.” said Vance C. Dalton, Jr., Carolina Farm Credit CEO.
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 36 branch offices. Other financial services available are credit life insurance, crop insurance, appraisal services, leasing programs and financial planning.
Carolina Farm Credit serves over 9,200 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, Hillsborough, Jefferson, Lenoir, Lexington, Lincolnton, Marshall, Mocksville, Monroe, Murphy, Pilot Mountain, Roxboro, Rural Hall, Salisbury, Shelby, Siler City, Sparta, Spindale, Statesville, Taylorsville, Wadesboro, Waynesville, Wilkesboro, Yadkinville, and Yanceyville.
Carolina Farm Credit was recognized as a 2015 Best Employer in North Carolina. The list of the Best Employers in North Carolina was created by Business North Carolina, the Society for Human Resource Management (SHRM) – NC State Council and Best Companies Group.
Directors for Carolina Farm Credit are Mark A. Bray, Chairman, Lawsonville; L. Kim Starnes, Vice-Chairman, Salisbury; John M. Barnard, Statesville; E. Bernard Beck, Seagrove; W. Rex Bell, Statesville; David M. Coltrane, Pleasant Garden; Susie J. Gambill, Sparta; Joseph A. Lail, Shelby; Clark M. Newlin, Haw River; Thomas E. Porter, Jr., Concord; Tony L. Ragan, Sanford; D. Kaleb Rathbone, Waynesville; Lewis E. Smith, Lincolnton; Vickie N. Smitherman, East Bend; Dr. Alton Thompson, Summerfield.
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