American AgCredit pays $15.8 Million in Cash Dividends
American AgCredit, the nation’s 7th largest Farm Credit
cooperative, has announced the distribution of $15.8 million of net income to its members. This brings
the total to $80 million that American AgCredit has returned to its customers in the past five years.
Including American AgCredit’s latest merger with Farm Credit of the Heartland, the combined
total distributed to customers in the same period soars past $100 million.(more)
2009 Annual Report
The past year provided your Association with both difficult challenges
as well as enormous opportunities. During a year in which more
than 140 commercial banks failed and credit markets retreated,
your Association thrived. (more)
American AgCredit Contributes Matching Funds for Haiti Relief
In a program broadcast January 14, 2010, American AgCredit agreed to match dollar for dollar
all funds donated by employees in a two-week period. By Friday, January 29, American AgCredit
employees had donated $5,255, bringing combined contributions going to the American Red Cross
International Response Fund - Haiti Fund to $10,510.00. (more)
American AgCredit Merges with Kansas-Based Lender Farm Credit of the Heartland
American AgCredit has announced the merger with Farm Credit of
the Heartland (Heartland), based in Wichita, Kansas, effective November 30, 2009. The merger will
make the joint Association the 7th largest Farm Credit cooperative in the U.S., totaling $4.8 billion in
assets, and creating a combined customer base of 6,430 members. (more)
Fall 2009 Newsletter
After a special meeting held October 22, the stockholders
of American AgCredit and Farm Credit of
the Heartland approved the merger of the two organizations
by an overwhelming margin. In addition, the
Heartland stockholders also approved the issuance of
Preferred H stock. (more)
2009 3rd Quarter Stockholder Report
The 2009 third quarter Stockholder Report is now available. (more)
Harvest Preferred (H) Stock
Current stockholders now have another investment vehicle from Farm Credit. H Stock carries a dividend rate of 0.50% effective March 1, 2010. See your Loan Officer for details. (more)
View News & Events Archives...
|