We are honored to receive this resolution and look forward to continuing to support our local agriculture communities and the future generations.
Westminster, MD (PRWEB) March 24, 2016
Farm Credit was recognized by the Maryland General Assembly in Annapolis on National Ag Day, March 15, for providing financial support to rural communities throughout the state of Maryland. Farm Credit is celebrating their centennial this year, marking a century of helping rural America by providing access to the credit necessary to ensure producers succeed.
Chairman of the Rural Caucus, Delegate Wendell Beitzel (Allegany and Garrett), and Senator George Edwards (Western Maryland) were sponsors of the resolution, which highlighted the vital role Farm Credit plays in Maryland’s rural communities and youth agriculture programs, and their commitment to serving agricultural producers across the state.
“Both of our sponsors, along with the entire Rural Caucus, provide tremendous support for Farm Credit and Maryland's agricultural community,” says Kurt Fuchs, government affairs officer for MidAtlantic Farm Credit. “Their confidence in the Farm Credit system helps to ensure we will be able to continue to be a source of reliable, consistent credit to farmers and rural communities throughout Maryland for years to come.”
Together, Colonial Farm Credit, Farm Credit of the Virginias, and MidAtlantic Farm Credit serve the entire state of Maryland. Accepting the resolutions on behalf of all three institutions was F.J. Grady, branch manager of Farm Credit of the Virginias, and Paul Baumgardner, director of MidAtlantic Farm Credit.
“Farm Credit wouldn’t have made it to this huge milestone without the support we receive from our legislators,” says Tom Truitt, CEO of MidAtlantic Farm Credit. “We are honored to receive this resolution and look forward to continuing to support our local agriculture communities and the future generations.”
For more information about Farm Credit’s centennial celebration, please visit mafc.com/fc100.php.
About MidAtlantic Farm Credit
MidAtlantic Farm Credit is an agricultural lending cooperative owned by its member‐borrowers. It provides farm loans for land, equipment, livestock and production; crop insurance; and rural home mortgages. The co-op has over 10,600 members and over $2.4 billion in loans outstanding. MidAtlantic has branches serving Delaware, Maryland, Pennsylvania, Virginia and West Virginia. It is part of the national Farm Credit System, a network of financial cooperatives established in 1916 to provide a dependable source of credit to farmers and rural America.