News

“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.”

Five start-up farmers in central and south Alabama have won big in our 2023 JumpStart grant program. The JumpStart grant awards $10,000 to five start-up farmers.

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.

Our members, Adam & Sarah Temple, of Ashford, AL, took their interests in agriculture to Capitol Hill on June 22.

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.

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.

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.

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

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.

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.

As a cooperative, we’re proud to support organizations & initiatives that matter to our members.

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.

Weeks later, communities are still working to pick up the pieces after the deadly tornado ripped through Autauga, Dallas, & Elmore counties on January 12, 2023.

Farming costs add up quickly. If you’re like most farmers and ranchers, you’ll likely need to borrow money at some point in your life to fund these expenses. To know what your borrowing options are, it's important to understand how credit decisions are made.

Performing a financial check-up doesn’t have to be a headache. If you know what to look for and organize your documents, it can be as simple as following 5 straightforward steps:

Out of 50 applicants, we have chosen five winners to receive a $10,000 JumpStart grant for 2022!

How much will your down payment be for your farm or land loan? This is one of the most frequently asked questions lenders get. However, the answer isn’t as straightforward as it may seem.

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.

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.

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.