AgFirst

AgFirst Farm Credit Bank

A map highlighting, in various colors and patterns, most of the states of Alabama, Delaware, Florida, Georgia, Maryland, Mississippi, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia, Kentucky, Louisiana, Ohio, Tennessee, as well as the District of Columbia and Puerto Rico. Charter territory
Company type	Bank Government-sponsored enterprise
Industry	Agribusiness Financial services
Headquarters	Columbia, South Carolina
Key people	Pat Calhoun, Acting CEO
Net income	Increase 417ドル million (2020)
Total assets	Increase 36ドル.3 billion (2020)
Total equity	Increase 2ドル.47 billion (2020)
Website	www.agfirst.com

AgFirst, part of the US Farm Credit System, serves as a wholesale lender and business-service provider to a network of local farm credit associations in 15 southern and eastern states, Washington, D.C., and Puerto Rico.^[1]^[2] It was formed in 1995 by the merger of the Farm Credit Bank of Baltimore and the Farm Credit Bank of Columbia.^[3] The lender is cooperatively owned by 16 local associations.^[4] These associations, operating as Farm Credit and Ag Credit associations, provide real estate and production financing to about 80,000 farmers, agribusinesses, and rural homeowners.^[5]

AgFirst is headquartered in Columbia, South Carolina in the former Bank of America Plaza.^[6]

References

[edit ]

^ Monke, Jim (May 17, 2016). Farm Credit System (PDF). Congressional Research Service.
^ "View FCS Institution Directory: AgFirst Farm Credit Bank". Farm Credit Administration . Retrieved 2016年09月25日.
^ Shelsby, Ted (February 2, 1995). "Farm Credit Bank merger gets shareholders' OK". The Baltimore Sun . Retrieved 2016年09月25日.
^ "View Institutions by District". FCA. Retrieved August 3, 2023.
^ House Committee on Agriculture, United States Congress (2001). Formulation of the 2002 Farm Bill: Hearings Before the Committee on Agriculture and Its Subcommittees, House of Representatives, One Hundred Seventh Congress, First Session, May, June, July, 2001. Washington, D.C.: U.S. Government Printing Office. p. 310. ISBN 978-0-16-066027-6.
^ FCA (1995). Annual Report on the Financial Condition and Performance of the Farm Credit System. The Administration. p. 26.