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May 6, 2025, 15:26 PM
Scholarship Announcement
Our scholarship program is a valuable benefit available to members, designed to support their families as they pursue higher education. Children or grandchildren of member-borrowers can apply if they are attending an accredited college, university, or technical/vocational institution in the United States, working toward a certificate, associate’s degree, or bachelor’s degree.
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Mar 13, 2025, 08:21 AM
Patronage Payout Begins
As a leading agricultural lending cooperative and we are proud to announce the distribution of $12.3 million in cash patronage dividends to our member-borrowers. This distribution effectively reduces our eligible members’ interest rates by almost 1%.
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Feb 28, 2025, 14:56 PM
What you Need to Know Before Obtaining a Loan for a Rural Home
Financing a rural home is different than financing a home in the city, so you’ll have to keep certain considerations in mind. Here’s what you need to know before you buy that little slice of paradise out in the country.
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Feb 28, 2025, 10:29 AM
Alabama Land Pricing Guide 2025
Overall, Alabama's land prices increased 3.2% year-over-year, reaching an average of $3,409 per acre statewide—a new high for the state.
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Jan 2, 2025, 07:30 AM
Welcome New CEO, Nick Hartley
Nick Hartley has officially joined Alabama Ag Credit as our Chief Executive Officer. With over 16 years of experience in the Farm Credit System, Nick brings exceptional leadership and a deep commitment to serving rural communities.
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Nov 14, 2024, 14:18 PM
$50,000 Awarded to Startup Farmers
We are proud to announce the recipients of the 2024 JumpStart Grants. From a competitive pool of 67 applications, five recipients were selected to receive $10,000 each to invest in their startup farming operations.
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Oct 7, 2024, 16:25 PM
Hurricane Relief Efforts
Alabama Ag Credit, together with its partners is proud to announce a collective contribution of over $315,000 in relief aid to support communities impacted by Hurricane Helene.
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Sep 10, 2024, 00:00 AM
Things to Know Before Meeting with a Loan Officer
The borrower-lender relationship is a two-way street. Both parties are trying to reach the same goal from a different direction. Both want to ensure the long-term viability of their businesses, and both have high expectations of the other.
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Jul 11, 2024, 14:51 PM
CEO Retirement
Doug Thiessen has notified the Board of Directors of his intention to retire from his role as president and chief executive officer. Thiessen will continue to serve until his successor is appointed, with his departure scheduled no later than March 31, 2025.
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May 8, 2024, 13:42 PM
2024 Board Election results
Our stockholders have elected two local agriculture leaders to serve on the board of directors for our financial cooperative.
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Feb 7, 2024, 09:27 AM
Read the Member Spotlight in Alabama Forest Magazine
“Nearly seventy percent of the state of Alabama is covered in trees. People from all walks of life own timberland in Alabama, and as a result, financing timberland and related forestry operations is the largest segment of our $1.3 billion loan portfolio. So, we care about what is happening within the forestry industry, and we partner in many ways with those that are connected to it.”
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Aug 2, 2023, 09:17 AM
Understanding Your Rural Loan and Interest Rate Options
Buying a rural property—whether it’s land, a farm, or a house out in the country—is a major undertaking that requires a lot of planning. To make the right choice, it’s important that you understand the pros and cons of each loan type.
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Jun 23, 2023, 15:04 PM
Young Farmers go to Washington, D.C.
Our members, Adam & Sarah Temple, of Ashford, AL, took their interests in agriculture to Capitol Hill on June 22.
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Jun 2, 2023, 11:13 AM
2023 Board Election Results
We would like to thank our members who voted and participated in this year’s Board of Directors Elections. Ballots were tabulated by an independent third party, and the results have been certified and provided to the Association.
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Jun 2, 2023, 07:57 AM
How to Create and Use a Balance Sheet For Your Farm
Establishing a balance sheet for your farm is essential. Checking in with your farm’s finances using a balance sheet allows you to evaluate the financial health of your business and make adjustments to improve it.
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Apr 3, 2023, 08:18 AM
How to Buy a Farm or Land in 5 Steps
The decision to buy land or a farm shouldn’t be an impulsive one. It takes thorough planning, research, and organization to set yourself up for success and do it properly. Here are 5 steps to put you in a great position to get the property you want and better understand the process.
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Mar 21, 2023, 17:08 PM
Recovery Continues
In partnership with the Alabama Peanut Producers Association, we donated 11,530lbs of peanut butter to the AICC Autauga Interfaith Care Center and the Selma Area Food Bank.
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Mar 15, 2023, 16:35 PM
Farm and Land Loans That Pay You Back
We are returning $13.1 million of our 2022 net income to farmers and rural landowners in central and south Alabama. Cash-back patronage checks will be mailed on March 23, 2023, and will be in the hands of the member-borrowers shortly.
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Mar 14, 2023, 13:40 PM
Corporate Conservation Society
As a cooperative, we’re proud to support organizations & initiatives that matter to our members.
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Feb 7, 2023, 16:12 PM
Control Cash Flow with a Revolving Line of Credit
An RLOC, sometimes called a “revolver,” is an open-ended operating loan that’s preapproved for a specified sum or spending limit. In a way, it’s like a credit card but with the added benefit of a lower interest rate.
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