AgSouth Farm Credit Announces Appointment of Michael Almond as New Chief Credit Officer
Michael Almond Announced as AgSouth New Chief Credit Officer
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.
Michael brings nearly three decades of Farm Credit experience spanning lending, credit administration, enterprise risk, and executive leadership. His career reflects a deep commitment to agricultural finance and the Farm Credit mission of supporting rural communities and agriculture.
In his most recent executive role, Michael provided leadership across lending, credit, and operational functions for a $2.5 billion Farm Credit Association serving customers across three states. He partnered with executive leadership and the board to align credit strategies with long-term objectives, ensuring strong growth, asset quality, and capital stewardship across economic cycles.
AgSouth Farm Credit President & CEO Chad Puryear said Michael’s extensive experience, proven leadership, and passion for the Farm Credit mission make him “an outstanding addition to our organization,” adding that the Association looks forward to the future of its Credit department and strengthened collaboration across lending and credit teams under his guidance.
Almond is excited to join AgSouth and looks forward to supporting the Association’s continued growth and mission. “I am honored to join and serve alongside a team deeply committed to agriculture and rural communities,” Almond said. “Our responsibility is to protect both capital and culture while enabling disciplined and responsible growth. By maintaining strong credit leadership and a forward‑looking approach to risk, we will ensure AgSouth remains a steady and trusted partner for our member‑borrowers for generations to come.”
About AgSouth:
AgSouth Farm Credit provides loans for land, equipment, and production agriculture; crop insurance; leasing; and home mortgages. The Association serves 147 counties in North Carolina, South Carolina, and Georgia and is headquartered in Statesville, North Carolina. AgSouth is an equal housing lender and an equal opportunity provider.