AgSouth Directors Re-Elected at Annual Meeting

AgSouth Farm Credit CEO Pat Calhoun announced that four directors were re-elected to AgSouth’s board of directors at this month’s annual meetings. Meetings were held in Griffin and Statesboro, Ga., and Clinton and Orangeburg, S.C.

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Jeffrey Mills Joins AgSouth Farm Credit

Deidre Nelson, SMM loan originator manager for AgSouth Farm Credit’s mortgage loan department (AgSouth Mortgages), recently announced that Jeffrey Mills has joined the association as a mortgage originator. Mills will work from the Camden office and will serve Richland, Kershaw, and Fairfield counties.

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Allen Daley Sharpens Skills at Banking School

Allen Daley, a relationship manager with AgSouth Farm Credit in Sylvania, attended the 2017 on-campus session of the Georgia Banking School as second-year student. Established in 1961, the Georgia Banking School is a three-year specialized school run by the Georgia Bankers Association. The purpose of the school is to prepare financial managers to effectively and profitably serve their hometowns by developing a thorough understanding of lending practices, regulations, and management principles.

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AgSouth Farm Credit Reports Net Earnings of $40.1 Million Returns $28.5 Million to Members

AgSouth Farm Credit Chief Executive Officer Pat Calhoun recently announced that the customer-owned cooperative had net earnings of more than $40.1 million during 2016. He stated that, “The association remained strong in 2016, and loan volume grew by approximately five percent. We are able to once again announce a healthy return of profits to our members through our patronage distribution program.”

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