Source:  AGCAROLINA FARM CREDIT 12/12/14

Three incumbents have been re-elected to the AgCarolina Farm Credit Board of Directors by the cooperative’s voting stockholders.   Ellis W. Taylor of Roanoke Rapids was elected to Region 2 (serving Franklin, Warren, and Halifax counties); Paul A. Drake of Pinetops was elected to Region 6 (serving Edgecombe and Nash counties); and Cliff Keel, III of Robersonville was elected to Region 7 (serving Pitt and Martin counties).  

AgCarolina’s Board of Directors is made up of 10 stockholder-elected directors and two outside appointed directors.  Each serves a four-year term.   

“Our customers having a voice in the election of our board of directors is a prime benefit of belonging to a cooperative,” said Audie Murphy, AgCarolina board chairman, and a grain, peanut, and turkey producer from Greene County.  

AgCarolina Farm Credit is a farmer owned financial cooperative with headquarters in Raleigh.  They are the leading provider of credit to farmers in central and eastern North Carolina.  AgCarolina Farm Credit has over $1.4 billion in loans and commitments outstanding to nearly 3,000 North Carolina farmers.  Loans are made to finance land, homes, farm buildings, operating expenses, livestock and equipment, as well as other purposes.  Credit life insurance, crop insurance, appraisal services, and leasing are also available through AgCarolina Farm Credit.