When customers grow and learn, so does the organization that serves them. That’s our philosophy and one of the reasons we have introduced a program that reimburses educational expenses incurred when young or beginning customers attend and complete business, production, financial management or ag leadership programs that will help them in their farming operations.
“We believe investing in our customers’ ongoing development, particularly those who are young or new to farming,” said Dick Poe, senior vice president - financial services. “The idea is to provide opportunities our customers can leverage to enhance their knowledge of farming, agriculture and business management. Whether they’re looking to improve technical or leadership skills, or advance their knowledge in production agriculture, we want to help them achieve their goals.”
As an example, Farm Credit recently helped finance more than eight young farm customers’ attendance at a National Young Farmer Education program in where they not only sharpened their farm business skills, but visited and learned about agriculture in other parts of the country.
Farm Credit’s education reimbursement program is available to customers who are under the age of 35 or have been involved in farming less than 10 years. We also offer programs supporting young and beginning farmers including the reimbursement of FSA loan guarantee fees and modification of loan underwriting standards.