Press Releases

Coronavirus (COVID-19) Update

UPDATED 12/16/2020

 

While we continue to serve our members, we are taking extra precautions to keep everyone safe. With the rising coronavirus cases in NC, we'd like to provide a few updates and reminders regarding our branch operations:

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Press Releases

AgCarolina Farm Credit returns patronage distribution of more than $18 million

AgCarolina returns patronage distribution to membership.

Raleigh, NC — On Thursday, February 20th, members of AgCarolina Farm Credit received patronage refund checks for 2019.

The all-cash patronage was paid in the amount of $18 million for the members of AgCarolina Farm Credit.  The amount is equal to a refund of 31% of the interest that accrued on their loans in 2019. “Your co-op. Your Share.” was the theme of this year’s celebration events, and highlighted the benefits of being members of the cooperative. 

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Press Releases

Innovative Young Farmer Award Presented by Farm Credit Associations of NC

Michelle Pace Davis was selected as the Innovative Young Farmer of the Year. 

RALEIGH, NC – The Farm Credit Associations of NC announce Michelle Pace Davis as the recipient of the 2020 Innovative Farmer of the Year Award presented at The Tobacco Farm Life Museum’s breakfast with the commissioner.

Michelle, her husband, Michael, and parents, Jerry and Deborah, operate Pace Family Farms in Archer Lodge.  The farm produces soybeans, wheat, strawberries, and other fresh vegetables.

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