Ag Credit has a wealth of information at your disposal. Simply use the links here for the latest news about the association, happenings in your area, publications and a host of other useful resources. Click on each header for more details.
For archived news and events by year, click the links to the left.
5/2/2017 - Kentucky Farm Bureau - Across Kentucky
Chris Cooper, Richmond Ag Credit Senior loan officer was recently featured on Kentucky Farm Bureau's Across Kentucky podcast.
4/25/2017 - Financial Services; Keeping Kentucky Ag Well Rooted
Co-op lenders finance a third of farm operations, then share the profits.
This story provided courtesy of The Lane Report (www.lanereport.com)
In the 1980s, Georgetown, Ky., farmer Alvin Lyons faced a dilemma.
It was time to start his spring planting, but the commercial bank he had been using had repeatedly stalled his loan applications. The early '80s were a tumultuous time for the ag market: Nationwide, farm income dropped from the equivalent of $80 billion in today's dollars, to about $25 billion. Farm loans often were perceived as a risky investment.
To get the funds he needed, Lyons turned to Central Kentucky Ag Credit, a cooperative lender established in 1934 with one purpose: to provide loans to farmers. He's been a customer there ever since, and now serves as chairman of the co-op's board of directors.
4/6/2017 - Producing Excellence, Farm Credit Council Highlight; Jerry Rankin
Former Central Kentucky Ag Credit Board Member, Jerry Rankin, is featured on the Farm Credit Council website. Rankin specializes in Angus cattle, row crops, tobacco and manages Farmers Tobacco Warehouse in Boyle County. Click the link to read the full story: Farm Credit Council.
3/31/2017 - Ag Credit Will Pay Over $3 Million in Cash Patronage; Member-Borrowers to Receive Money in April
Central Kentucky Ag Credit will pay $3.1 million in patronage distribution to member-borrowers of the Association in April. The patronage is a dividend paid to local farmers who are active member-borrowers of the agricultural cooperative.
3/10/2017 - Frankfort Grand Opening
Central Kentucky Ag Credit’s Board of Directors approved establishment of a new office in Frankfort, Kentucky, an action that took place during mid-2016. The office opened during early 2017 and the official Grand Opening took place all day on March 8.
3/10/2017 - Customer Appreciation Day is April 3: Patronage Distribution of $3.1 Million
Central Kentucky Ag Credit will hold a Customer Appreciation Day on April 4. Patronage distribution of $3.1 Million will be paid to member-borrowers in April, for the 2016 operating year. Since 1998, Central Kentucky Ag Credit has distributed over $24 Million to Ag Credit member-borrowers throughout the Bluegrass.
3/6/2017 - Nominating Committee Named by Ag Credit Membership for 2018
The 2018 Nominating Committee for Central Kentucky Ag Credit has been elected and will consist of five members and one alternate. The nominating committee members were elected during the Ag Credit Annual Meetings on February 27 and 28.
3/6/2017 - Annual Meeting Election Results
During the Ag Credit Regional Annual Meetings, held in Danville and Lexington, Donald Mitchell and Tim White both ran for the open Board of Directors seat. Lee Hood, Washington County, was elected to serve on the Board of Directors. Lee serve a four-year term.
2/17/2017 - Ag Credit Frankfort Office to Host Several Regional Dignitaries
Central Kentucky Ag Credit will host the Frankfort Office Grand Opening event on Wednesday, March 8, 2017. This will be the first public event at the new Ag Credit Frankfort location. Several state and regional dignitaries are scheduled to speak during the grand opening. Froggy Radio 104.9 will be on location with a live broadcast from 11 a.m. – 1 p.m.
2/14/2017 - 2017 ANNUAL MEETING INFORMATION STATEMENT
The Board of Directors has scheduled two sectional meetings for your convenience as follows:
Monday, February 27, 2017
Boyle County Extension Office
99 Corporate Drive
(Behind Bluegrass Community and
Technical College — Danville Campus)
Tuesday, February 28, 2017
Fayette County Extension Office
1140 Harry Sykes Way
(same location off Red Mile Road)
2/13/2017 - Ag Credit Honored with Commemorative flag
Central Kentucky Ag Credit was honored by the United States of America and President Obama for the 100 Year Anniversary of the Farm Credit System (FCS). The gift was a ceremonial United States flag that was flown over the Capital Building in Washington, D.C. on July 17, 2016 – the 100 Year Anniversary of the Farm Credit System. Along with the flag was a letter of authenticity and a letter from President Obama. In this letter, President Obama stated, “Our Nation depends on our farmers, ranchers, and the people of our rural communities to help Americans put healthy food on their tables and to contribute to growing a more vibrant national economy. Established to improve the lives of these hardworking individuals, the FCA has long served the women and men of rural America. By providing loans and financial services to farmers and communities through its network of cooperatives, the FCS plays a integral role in local economies across the United States.”
1/27/2017 - Central Kentucky Ag Credit Extends Public Invitation to Frankfort Office Grand Opening
January 27, 2017 – Central Kentucky Ag Credit will be hosting the grand opening of the new Frankfort Ag Credit Office on Wednesday, March 8, 2017. The grand opening of this office marks the seventh full service Ag Credit Office within the 17 counties of the Bluegrass region. The event is open to the public, all Ag Credit customers, farmers, rural residents and anyone in the Frankfort area is invited to attend the event.
1/13/2017 - Ag Credit Continues Major Sponsorship of Kentucky’s Bluegrass Music Kickoff; Event to Take Place January 27-28
January 13, 2017 – Central Kentucky Ag Credit continues a partnership this year with the Kentucky Fellowship of Musicians to produce Kentucky’s Bluegrass Music Kickoff. The event is ranked by the Kentucky Department of Tourism among the Top Ten Events in Kentucky.
1/6/2017 - Kevin Truesdell Named Mortgage Loan Originator with Central Kentucky Ag Credit
January 6, 2017 – Kevin Truesdell was recently named Mortgage Loan Originator with Central Kentucky Ag Credit. Kevin will work in Ag Credit offices in Frankfort, Lexington, Paris and Richmond focusing on rural home loans. Kevin will be working closely with Jeremey Parker, Ag Credit Mortgage Loan Originator.
For media inquiries, contact:
Robert Anderson, Vice President