Farm Credit of the Virginias announces the 2016 Calendar Photo Contest Winners

First Place Photo- Molly Estep - small  2nd Place Photo- Kami Keyser (small)  3rd Place Photo- Heather Hinson (small)

We’re pleased to announce the top 3 photos of our 2016 Photo Calendar Contest.  The contest was extremely successful and competitive, with over 250 photo entries and 1,680 votes! First place goes to Molly Estep of Bergton, VA, Second place to Kami Keyser of Upper Tract, WV and Third place to Heather Hinson of Riner, VA. The top 3 photos can be viewed on the Farm Credit of the Virginias website.  Congratulations to our winners and thanks to everyone that participated in this year’s contest! Please visit our website beginning January 1st to participate in the 2017 Calendar Photo Contest.

Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.   For more information, visit www.FarmCreditKnowledgeCenter.com or www.FarmCreditofVirginias.com.

Categories: General Information

Happy Birthday Farm Credit!

FC 100 Birthday

Today marks the beginning of Farm Credit’s 99th year of service to agriculture and rural communities. Our world needs farmers and supporting those farmers is a mission we stand behind; in fact, we were built for it. Today, we want to give you a look at some of the events that led up to the signing of the Federal Farm Loan Act of 1916 that established the Farm Credit System.

Why did the United States need the Farm Credit System?

The Panic of 1907, an economic meltdown starting in New York City, spread to other parts of the nation proving vulnerability of the ag industry being dependent on the commercial banking system.
In 1908, Theodore Roosevelt’s Administration conducted a study of issues in rural communities, which, at the time, made up the largest demographic of the U.S. population. They found that one of the biggest problems for these families was access to credit and consequently recommended the establishment of a cooperative credit system.
Following the recommendation of Roosevelt’s administration, in 1912 Presidents William Taft and Woodrow Wilson commissioned a study of European cooperative credit systems to ultimately decide the most helpful system would include both long-term credit to cover land mortgages and short-term credit to cover regular business needs.
December of 1913 brought about the Federal Reserve Act, signed by Congress and President Wilson, to establish a central banking system with a Federal Reserve Board. This was seen by the rural community as a push for the nation’s commercial interests and intensified the desire for a specifically rural version of the Federal Reserve System.
The Great Financial Crisis of 1914, triggered by the Great War in Europe, threatened serious outflows of gold from the American banking system to Europe, a shortage of currency and a potential run on banks seen previously in 1907. Because The Federal Reserve System was not yet operational, Secretary of the Treasure William McAdoo initiated a four month closure of the New York Stock Exchange to manage the crisis. This made the rural economic issue even more pressing for President Wilson in order to appease the rural vote before his re-election campaign.
All of these factors led to the birth of the Farm Credit System that we know today.

Categories: General Information

Farm Credit & Country Mortgages Welcomes Morgan Meador as a Summer Marketing Assistant

Meador_Morgan

Morgan Meador has joined Farm Credit & Country Mortgages’ Bedford branch as a Summer Marketing Assistant. Meador is originally from and currently resides in Bedford, VA.  She is attending Virginia Tech where she is studying Agribusiness. Morgan has a lot of experience in the cattle industry as she lives on a cow/calf farm her parents own and operate. Morgan was a member of her high school FFA chapter all four years and served as her chapter’s secretary her sophomore year. She has been a member of her local 4-H club and still continues to be active in the organization.

Morgan brings a lot of agricultural experiences to her role as a Summer Marketing Assistant for Farm Credit and we are excited to have her on our team as she learns more about the cooperative system and shares the Farm Credit story.

Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.   For more information, visit www.FarmCreditKnowledgeCenter.com or www.FarmCreditofVirginias.com.

Categories: General Information

Farm Credit & Country Mortgages Welcomes Katelyn Belcher as a Summer Intern

Belcher_Katelyn

Katelyn Belcher has joined Farm Credit & Country Mortgages’ Wytheville branch as a Summer Intern. Belcher is originally from and currently resides in Abingdon, VA. She is attending Virginia Tech where she will graduate with a degree in Agribusiness. Katelyn grew up on her family’s farm and was an active participant in 4-H from the time she was old enough to join. She has also been actively involved in many other agricultural organizations such as FFA where she held official positions in high school and became a collegiate member, VA Beef Ambassador representative from 2013-2014, member of the Block and Bridle club, VA Tech Young Farmers member, and member of the Washington County 4-H Stockmans, Livestock and Meats Judging teams since she was nine years old. Katelyn brings a lot of agricultural experiences to her role as a Summer Intern for Farm Credit and we are excited to have her on our team as she learns more about the cooperative system and shares the Farm Credit story.

Categories: General Information

Farm Credit & Country Mortgages Welcomes Rebekah Slabach as a Summer Intern

Rebekah Slabach

Rebekah Slabach has joined Farm Credit & Country Mortgages’ Harrisonburg branch as a Summer Intern. Slabach is originally from Halifax, VA and currently resides in Harrisonburg, VA.  She is currently attending Virginia Tech where she will graduate next spring with degrees in Agricultural Economics and Agricultural, Leadership and Community Education. Rebekah grew up on a small family farm, raising and showing sheep and cattle from the time she was young. A local 4-H and FFA member for her home area, she has continued to participate in organizations such as Block and Bridle, Collegiate Young Farmers, Beef Leadership Council, Alpha Zeta Agricultural Honors Fraternity and the Agricultural Economics Club/NAMA through her college career. She previously served as a state officer for the Virginia FFA Association, traveling around the state and working with agricultural education students. Rebekah has been part of undergrad research and agricultural projects, including at the international level in developing a live fencing system for farmers in developing countries in Central and South Americas. Rebekah brings a lot of agricultural experiences to her role as a Summer Intern for Farm Credit and we are excited to have her on our team as she learns more about the cooperative system and shares the Farm Credit story.

Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.   For more information, visit www.FarmCreditKnowledgeCenter.com or www.FarmCreditofVirginias.com.

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Categories: General Information

Farm Credit & Country Mortgages Welcomes Jackie Cleaver as a Summer Intern

Jackie Cleaver has joined Farm Credit & Country Mortgages’ Romney branch as a Summer Intern. Cleaver is originally from and currently resides in Mathias, WV.  She is currently attending Potomac State College and will transfer to West Virginia University where she will complete a bachelor’s degree in Animal and Nutritional Science as well as a bachelor’s degree in Agribusiness Management and Rural Development. Jackie was raised and still resides on a poultry and beef farm that consists of a cow/calf operation, poultry houses and feeder cattle. She has started her own cow/calf herd and backgrounds a few stocker cattle each year. Jackie is involved in many organizations such as 4-H, FFA, WV Cattlemen’s and Cattlewomen’s Association and Potomac State Ag & Forestry Club. She is the vice president of the Potomac State College 4-H club and was named Potomac State Agricultural Freshman of the Year. Jackie brings a lot of agricultural experiences to her role as a Summer Intern for Farm Credit and we are excited to have her on our team as she learns more about the cooperative system and shares the Farm Credit story.

Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.   For more information, visit www.FarmCreditKnowledgeCenter.com or www.FarmCreditofVirginias.com.

Categories: General Information

Farm Credit Supports Local Farmer Veterans at Washington D.C. Event and a Local Veterans Program

Homegrown by Heroes

Farm Credit of the Virginias is a cooperative that supports rural communities and agriculture with reliable, consistent credit and financial services, actively supports local military veterans who are farming and ranching. From an event on Capitol Hill highlighting the contributions of farmer veterans, to partnership with the Farmer Veteran Coalition’s Homegrown by Heroes and the West Virginia Veterans & Warrior to Agriculture program, Farm Credit celebrates and recognizes opportunities for local veterans in rural America.

“Farm Credit’s support of farmer veterans goes beyond providing financial assistance,” said Donna Brooke-Alt, customer-owner and board member. “By providing tools and resources, increasing community awareness, investing in programs and promoting events, we aim to give back to veterans and help them succeed.”

Nationally, Farm Credit hosted an event on Capitol Hill on June 2 to showcase the contributions of farmer veterans and celebrate the success of the Homegrown by Heroes program. The event was presented by Farm Credit in collaboration with the House Agriculture Committee Chairman K. Michael Conaway (R–TX–11) and Ranking Member Collin C. Peterson (D–MN–7).

The event featured an array of products produced by farmer veterans from across the country, highlighted by a signature kale, ham and onion grilled cheese sandwich by Calvin Riggleman of Hampshire County, WV a veteran, chef, farmer and the first producer in West Virginia to use the Homegrown By Heroes label. “As the first producer in West Virginia to use the Homegrown by Heroes label, I know first-hand how valuable this program is to my success,” said Riggleman. “I’ve been able to take my business to the next level with valuable advice that has helped strengthen my business, my numbers and my growth plan. I first envisioned my plans while I was in the Marine Corps in Iraq, advising my parents about planting, harvesting and selling from overseas. Since my return, I’ve worked with Farm Credit of the Virginias to expand my fruit operation to include a distillery. The support of Farm Credit and the Farmer Veteran Coalition has been a life-changer for me.”

The Farmer Veteran Coalition recognizes the commitment of rural Americans to military service with the goal of developing viable employment and meaningful careers through the collaboration of the farming and military communities. Homegrown by Heroes is a product labeling program that identifies, promotes and supports agricultural products grown and raised by U.S. veterans and those still serving in any branch of the U.S. military. This program was launched nationally by the Farmer Veteran Coalition in 2014 with funding from Farm Credit. In the last year, the program has grown to include more than 165 farmers and ranchers across 43 states comprising $15 million in annual sales, with membership nearly doubling in the last three months.

“We owe our veterans a debt that we can never repay,” said Chairman Conaway.  “When we purchase products with the Homegrown by Heroes label, we are able to at least show our appreciation for the enormous sacrifices that they have made.”

 

Veterans possess the unique skills and character needed to strengthen rural communities, and food production offers purpose, opportunity, and physical and psychological benefits to those veterans. At a time when Post-9/11 veterans are experiencing a 7.2 percent unemployment rate[1] (compared to the national average of 5.4 percent), agriculture can be a meaningful solution for veterans returning home and looking to provide for their families.

Farm Credit of the Virginias recognizes that veterans are vital to the success of rural communities, and also supports local, regional, state and nation initiatives.

 

About The Farmer Veteran Coalition

The Farmer Veteran Coalition serves military veterans of all eras and branches, though a majority of its veterans are from the most recent conflicts in Iraq and Afghanistan, interested in the agriculture industry. It works with veterans, their families, employers and mentors to support those returning to or beginning careers in food and farming.

 

About Farm Credit of the Virginias

Farm Credit of the Virginias provides over $1.5 billion dollars in financing to more than 10,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending,  expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.   For more information, visit www.FarmCreditKnowledgeCenter.com or www.FarmCreditofVirginias.com.

Categories: General Information
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