Newsroom & Financials

Farm Credit Mobilizes To Alleviate Hunger In California's Agricultural Communities

Posted 08/13/2015

Seven of California’s largest agricultural lenders are once again joining forces to alleviate hunger in drought-stricken farm communities throughout the state. California’s six Farm Credit associations – American AgCredit, Farm Credit Services of Colusa-Glenn, Farm Credit West, Fresno Madera Farm Credit, Golden State Farm Credit and Yosemite Farm Credit – have pledged $50,000 to rural areas hurt by the historic drought, which has idled hundreds of thousands of acres of farmland and left many farm workers unemployed. Denver-based CoBank, which finances agricultural cooperatives and other agribusinesses throughout the country, including in California, has matched that contribution with an additional $50,000.

The combined $100,000 will be distributed to 18 California food banks. The contribution follows a similar joint contribution made by the lenders in 2014. Read more...

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