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NEWS RELEASE Marianna, FL: Farm Credit of Northwest Florida, a customer-owned lending cooperative announced in late March the distribution of $3 million in cash to their customers in the form of interest rebates. Since 1988, Farm Credit of Northwest Florida borrowers have received over $85 Million, and this year's cash distribution is especially rewarding for customers due to the challenging weather conditions and market uncertainties they've experienced.
Author, E.B. White (of Charlotte's Web fame) once mused that, "The world is full of people who, since childhood, have never met an open doorway with an open mind." Well, White never met Joseph "Mickey" Diamond.
Marianna, FL—With $8 million in interest rebates distributed in 2018, Farm Credit of Northwest Florida is starting 2019 off strong with another retirement of 2003 & 2004 patronage totaling $1.7 Million. The Farm Credit of Northwest Florida Board of Directors worked diligently to distribute an early patronage from past earnings due to the devastation of Hurricane Michael. “We understand that recovering from a natural disaster, such as Hurricane Michael, takes resources and time” states Chairman of the Board of Directors, Richard Terry.
Marianna, FL – After Hurricane Michael left a devastating path with destruction to farms, homes, timber and business operations in the Florida panhandle this October, Farm Credit of Northwest Florida made donations of $5,000 to organizations aiding in disaster recovery to the impacted communities. These organizations include Convoy of Hope, Rivertown Community Church, Florida Baptist Convention, and Sunrise Worship Center.
Everyone loves the thrill of searching for and finding their dream home. But applying for a mortgage? Not so much.
Levi Findley knows a thing or two about strong roots-and not just the kind that make for the healthy bounty of cotton, peanuts, corn, and produce he grows. After all, his farming roots stretch back eight generations, to the 1750's when his ancestors made their way to America from Scotland. The early Findley clan settled first in South Carolina, moved on to Georgia and Alabama, and arrived in Mt. Camel, Florida in 1922.
Farm Credit of Northwest Florida recently distributed over $1.8 million for the revolvement of prior years’ Allocated Surplus through interest rebates to over 1,200 rural property, farm and forestry business owners and operators across Northwest Florida. As a cooperative, when Farm Credit returns a portion of our profits to our customers, they are able to share in the success of the Association through patronage dividends.
As a child growing up in Columbus, Ohio, the closest Bobbie Golden ever got to agriculture was dreaming about having a pony. Even when she would tell her children, "someday" I'm going have a farm," it always felt like a fantasy. It still felt that way in 1998, when Bobbie and her husband, Fred, now living in Florida, decided to look for 20 acres, "just to give their two rescue dogs and one ornery cat a place to roam, Bobbie reasoned.