News

Announcing the ten - $1,000 scholarships awarded to children and grandchildren of Alabama Ag Credit customers.

Alabama farmers and rural property owners who borrow money from Alabama Ag Credit are receiving a record $12.1 million in cash from the lending cooperative this year.

Alabama Ag Credit has named Heather Smith as the new senior vice president and chief financial officer.

Alabama Ag Credit has continued its financial support of Sweet Grown Alabama with a $10,000 supporter sponsorship for the 2021-2022 fiscal year.

The Alabama Ag Credit board of directors has named Roman McLeod as an additional outside director.

Our stockholders have elected two local agriculture leaders to serve on the board of directors for our financial cooperative.

For the past 15 years, we have had the pleasure of working with appointed board member, Ken Love. His term expired at the end of April. Ken has served as the financial expert on the board during his time with us, and his contributions have been significant.

Through the selection process, the following ten students rose above through their involvement, academics, references, and essay submissions and will receive the 2021 scholarship.

Alabama's SAE grant recipient was Wyatt Allen, a senior, who is part of the Benjamin Russell FFA Chapter in Alex City. Wyatt used the grant to add to his herd of Angus cattle. Nearly 6,000 students nationwide competed for the grants.

We are returning over half of our 2020 profits to the Alabama farmers and rural property owners who borrow money from us. This amount equates to a record $11.2 million in cash, which is equal to a full percent of the interest our customers paid in 2020.

Alabama Ag Credit is a generous sponsor of Alabama 4-H through both annual donations as well as donations to their capital campaign.

Alabama Ag Credit team members stepped up in 2020 and raised $5,795 for the Christmas Clearinghouse!

Alabama Ag Credit is a proud supporter of the Alabama Wildlife Federation.

At the December 2020 board meeting, Mr. David Hataway, was honored for his service on the board of directors for Alabama Ag Credit.

Congratulations to Ben & Bethany Johnson, 2020’s Outstanding Young Farm Family, who received their prize package during the Alabama Farmers Federation 99th Annual Meeting

This year, during the 2020 virtual Alabama FFA 92nd Annual State Convention, FFA students from across the state registered to win a YETI bucket & Alabama Ag Credit swag for themselves & their chapters

Throughout the last few months, a lot of water has been dumped on residents across south Alabama, causing historic flooding and a path of destruction. As an Alabama agricultural cooperative who understands the devastation, Alabama Ag Credit actively helped the Gulf Coast with relief efforts.

At its most recent board meeting held on August 5th, Alabama Ag Credit’s board of directors appointed Richard Stabler to fulfill a three-year term as an outside director

As part of our mission to support rural communities and agriculture during this difficult farm economy, we are able to provide free, online training materials focused on mental health and stress management.

Alabama's three Farm Credit lending associations recently donated 14,400 jars of peanut butter to food banks across the state, with assistance from the Alabama Peanut Producers Association (APPA).