Page 28 - CFAN_Apr2014

AgriNews

Farm Credit of Florida Declares

Patronage Payment to Members

WEST PALM BEACH, FLORIDA — Farm Credit of Florida, a

leading agricultural inancial cooperative serving Florida, re-
cently declared a $5 million cash patronage to its members. his FFA

amount was based on the co-op’s strong 2013 inancial results and FOR MORE
was approved by the Farm Credit of Florida Board of Directors.
PHOTOS, turn

“We are very proud to send this signiicant return to our hard toPAGE 30.
working members,” said Sherwood “Buddy” Johnson, Chairman Beast Feast

of the Board of Directors. “hese agricultural leaders know our
The 11th Annual Beast Feast
strength and continue to place their trust and faith in the Farm and Auction to benefit the
Credit cooperative system. We owe our success to them.”
Florida FFA Leadership Training
Outstanding loan volume for Farm Credit of Florida grew to
$829 million. Total Assets climbed to $902 million. hese strong Center was a feast for the
senses, with delicious foods,
inancial results allowed the Board of Directors to distribute
the all-cash patronage payout to our members. his patronage silent and live auctions, raffles,

distribution is based on the amount of business a member does exhibits, and live entertainment.
with the co-op and lowers the borrowers’ net cost of borrowing.
Photos by KATE MARTIN

As a cooperative, Farm Credit of Florida is owned by its

members/borrowers. When the co-op performs well, it shares its
earnings with the members. Farm Credit is the only agricultural

lending institution to ofer this incentive.
“he strength of our association is showcased in many ways:

our inancial results, our support of the ag community, and our
passion for Florida’s farmers and cattlemen. It’s not only what

we do, it’s who we are, and our patronage program is a shining
example of our commitment to those we serve,” said Greg

Cunningham, President and Chief Executive Oicer.
As one of the largest agricultural lenders in Florida, Farm

Credit of Florida’s $829 million portfolio includes many of

Florida’s leading agribusiness owners. Headquartered in Royal
Palm Beach, the cooperative has oices in Alachua, Arcadia,

Homestead, Live Oak, Ocala, Okeechobee, Palatka, West Palm
Beach, Trenton, Vero Beach, and Wauchula.

Certiied and Licensed O-LFH
Special TTAUGHLIN UNERAL OME
Pest Control Firm
Discounts
& Bundle P-
Our Services Include:
Pricing
RENEED COUNSELING
◆ Pest Control
Call Now & Save!
Save
BIG
AND FINANCING
◆ Termite Protection
55
$ 00
$2500 LD
Lawn Care
up to on Our
Custom Lawn, Shrub & on Our Bundled Off
OCAL OR ISTANT
◆ Pest Control Plan!
Services!
on One BURIAL
◆ Tree & Shrub Care
Main Service
ARRANGEMENTS
◆ Irrigation: New & Maintenance Pay for 1 Year in Advance.
Sub-Termite Treatments
$5000 C
◆ Landscaping
10% as low as
225Off
ONSULTATION WITHOUT
◆ Bush Hogging
Get up to Off of Total!
$00
on Two Main Services
OBLIGATION
◆ Property Management for
Visit Our Sister Company!
Associations & Individuals
$10000 Off
on Three or “We’ll be there when you need us.”
WWW.OTT-LAUGHLIN.COM
Certiied Horticultural More
Professional (FCHP)
Main Services
EDDIE G. ALLEN, MANAGER
AT GLEN ABBEY
Receive additional 645 WCA• WH2198 KA• A
Licensed Irrigation P.O. Box 510 Licensed Bonded Phone 863-439-6550 discounts with all EST ENTRAL VE INTER AVEN VILLE VE UBURNDALE
Contractor
Dundee, FL 33838
Insured
Fax 863-292-0846
services bundled at the time of purchase.
(863) 293-2133
(863) 967-8558
www.garrisonland.com

28 | CFAN FloridaAgNews.com