News

AgSouth Farm Credit announced today that its Board of Directors has approved a record patronage distribution of approximately $71.2 million to its customers. This marks the largest cash distribution in the Association’s history, representing roughly 70% of AgSouth’s 2025 net income.

Statesville, NC (March 17, 2026) — AgSouth Farm Credit is pleased to announce the appointment of Michael Almond as Executive Vice President – Chief Credit Officer, joining the Association’s Executive Leadership Team. Michael will begin his role on April 1 and will be based in the Statesville Administrative Office.

Walterboro, SC (March 12, 2026) – AgSouth Farm Credit is excited to announce the grand reopening of its Walterboro branch, located at 529 Bells Highway, following the completion of a full facility rebuild.

STATESVILLE, NC – The Farm Credit Associations of North Carolina, AgCarolina Farm Credit and AgSouth Farm Credit, proudly recognized the 2026 recipients of the Innovative Young Farmer of the Year Award and the Excellence in Agriculture Award during the 21st Annual Breakfast with the Commissioner, held at the North Carolina State Fairgrounds as part of the Southern Farm Show.

STATESVILLE, NC (February 23, 2026) – AgSouth Farm Credit and AgCarolina Farm Credit raised over $90,000 to benefit local NC 4-H and NC FFA chapters. The 2025 event marked the 9th annual Pull for Youth event.

AgSouth Farm Credit CEO Chad Puryear announced the winners of the 2025 Board of Director and Nominating Committee Election. Open Director seats and the Nominating Committee are voted for by eligible stockholders during the Annual Meeting.

Fletcher, NC: (September 4, 2025): AgSouth Farm Credit Crop Insurance Manager Sandra Meeks has announced that she is excited to have Liz Taylor at AgSouth as the newest Crop Insurance agent in the Fletcher, NC branch office. With a strong background in insurance and a deep-rooted passion for serving the agricultural community, Liz brings both experience and heart to her new role.