Page 11 - LandBroker MLS Magazine Summer 2020
P. 11
“ Not only do we support farmers and ranchers,
farmer-owned cooperatives and other agribusinesses
of all sizes, but we also help rural homebuyers and
those interested in recreational properties as well. ”
JAY STEWART
CAPITAL FARM CREDIT
For each chapter of rural living, your local Farm Credit association Farm Credit associations return a portion of earnings to About the Farm Credit System
can equip you with the products and services needed to achieve members through patronage dividend programs. This can result
your goals. Farm Credit supports multiple facets of agriculture in significant reductions in their borrowing costs. The boards of Farm Credit’s 72 independent institutions are governed by the
from the smallest ag operation to the largest, from a rural directors for associations annually review the financial health of customers they serve. Together, they support more than 500,000
homesite to a family-friendly recreational property. cooperatives and decide how profits are returned — whether farmers, ranchers, agricultural producers, rural infrastructure
as cash, or as allocated equity. This cooperative structure has providers and rural homebuyers in all 50 states and Puerto
What Makes Farm Credit Different? maintained its integrity for more than 100 years. Rico. Farm Credit loans help U.S. agricultural producers feed the
world, rural businesses grow and rural families thrive. To find out
As a cooperative, Farm Credit is owned by the same farmers, “The foundation of America’s story is agriculture and rural more about Farm Credit, or to find a local lender near you, go
ranchers, agribusinesses and rural homeowners they serve. communities,” added Stewart. “Generations of agricultural to farmcredit.com.
Unlike an investor-owned bank, Farm Credit borrowers have producers, agribusinesses and rural property owners are the
a vote and a voice in the business. When you borrow money backbone of land we call home. Farm Credit stands ready to
from Farm Credit, you join the co-operative, which operates in help you achieve your dreams.” Please see our Farm Credit Index on page 75.
its members’ best interests returning funds to rural communities.
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