2024 Impact Report

TOGETHER WE RISE FOR THE COMMUNITY

2024 IMPACT REPORT

Your future grows here

LETTER FROM CURT HUDNUTT

“When challenges arise in agriculture, the spirit that keeps our communities resilient is demonstrated in the grit and commitment that goes into doing the work.”

S

erving farmers, ranchers, and our neighbors in rural

It’s our hope that this report brings the acts of service to life

communities is the core value that underpins everything

through the voices of the people across our territory who are

we do at American AgCredit. As a third-generation farmer

showing up to help. When challenges arise in agriculture, the

who lives in a rural community, I’m proud to share that these

spirit that keeps our communities resilient is demonstrated

acts of service go far beyond how we fulfill our mission as

in the grit and commitment that goes into doing the work. It’s

a financial services cooperative for agriculture. Whether it’s

a privilege to share just a few of these stories in this report.

youth programs like Future Farmers of America (FFA), a local

Looking ahead, in 2025 we’ll grow our support for farmers

food shelf, or help when a disaster hits, we show up for our

and ranchers by sharing important stories that help shed light

neighbors. We do this through direct giving, sponsorships,

on the mental wellness crisis in rural America. Stay tuned.

volunteer hours, scholarships, and programs focused on promoting youth in agriculture, and those who are just starting out or running small farms.

When it’s all said and done, it’s not just about money and volunteer hours – it’s about supporting people. We’re part of the fabric of the communities where we live and work.

2 2024 Community Impact Report

Curt Hudnutt

Chief Executive Officer

2024 TOTAL CONTRIBUTIONS

In our communities, the people we support are those shopping next to us in our grocery stores. Our neighbors. Our childhood friends.

Our former classmates. The people who produce food for our tables.

The people who watched us grow. The people who are there to lend a helping hand when we need it most.

And no matter where life takes us, agriculture is a part of us.

Together, we walk through the ups and downs of this industry, just as Farm Credit has done for more than 100 years.

FOOD ACCESS ORGANIZATIONS

TOTAL COMMUNITY INVESTMENT

DISASTER RELIEF

$70,000

$788,000

$2,508,279

EMPLOYEE VOLUNTEER HOURS

1,709 EMPLOYEEDIRECTED GIVING

$550,000

NEXTGENERATION AGRICULTURE

$1,650,279

NONPROFIT PARTNERS

63

American AgCredit 3

OUR THREE PILLARS OF GIVING Our customers, community partners and employees share a commitment to a greater purpose — to do the work: the work needed to feed people and families, nurture the land, protect generational legacies and support each other.

1

PILLAR

NEXT-GEN AGRICULTURE From supporting young and beginning

THE IMPACT TO PEOPLE

producers to programs and practices that help farmers and ranchers serve evolving consumer preferences, we invest in the future of ag.

Food organizations supported:

41

Equivalent to more than

2.8 million

pounds of food provided *Calculated by industry standard of 1 meal is equal to 1.2 lbs of food

2 PILLAR

FOOD FOR PEOPLE

And more than

2.3 million meals

*Calculated by industry standard of $1 is equal to 3 meals

We proudly work with organizations working to end hunger, increase food security and support producers providing food for our country.

THE FUTURE OF AGRICULTURE FFA and 4-H Support:

$400,000+ donated

3 PILLAR

DISASTER RELIEF We stand ready to help our communities in the aftermath of natural disasters through support of immediate response and long-term recovery efforts.

More than $200,000 directly provided to students through State FFA associations Total scholarships provided:

$113,400 provided through 64 scholarships AgYouth program:

$400,000

to help More than school-aged students finance 4 2024 Community Impact Report

A SUSTAINABLE FUTURE Connecting Consumers to Sustainable Ag: Lake States Dairy Center The initiative • Seven Farm Credit associations across the U.S. came together to support Indiana-based Lake States Dairy Center, which aims to help connect consumers with the innovations of the dairy industry and sustainable agricultural practices that impact their daily lives.

• Lake States Dairy Center operates as a not-for-profit alongside Fair Oaks Farms. Its mission is to enhance public knowledge and education of sustainable agricultural practices, livestock and food production.

• For more than 20 years, Why it matters

the Lake States Dairy

• Being transparent about farming practices can help

Center has helped more than

consumers better understand everything that goes

100,000 visitors annually connect

behind producing food and other products.

with agriculture.

• With sustainability at the center of it all, places like

• Over the next five years, the combined $2.7 million

the Lake States Dairy Center approach learning in an

contribution will help enhance the curriculum, showcasing

engaging way, showcasing the extensive care for animals

food safety, animal care, nutrition, environmental

and the practices that impact food and land.

stewardship, employee care and community.

American AgCredit 5

A SUSTAINABLE FUTURE CUSTOMER SPOTLIGHT Down to the Root: North Shore North Shore Greenhouses has a solution for the shoppers tired of wilted and wasted herbs. This hydroponic greenhouse operation in Thermal, Calif., sells fresh herbs — roots and all — to consumers.

Leo and Suzette Overgaag started farming in 1987 after moving to the Coachella Valley to raise their children and grow long English cucumbers. Later, the couple transitioned their operation from a commodity crop to herbs, and soon

Selling fresh herbs to grow

found a niche in the fresh herb business.

Leo and Suzette had a vision for an operation that delivers fresh, growing

“In our business, we obviously look to be profitable,” said

herbs to consumers. To make this a reality, they had to find

Suzette. “However, when Leo and I started this business,

the right technology, people, and techniques to harvest

we really started it based on raising our own family and

and prepare the herbs for shipment within a single day.

coming up with ways to reuse and recycle.”

“In our business, we obviously look to be profitable. However, when Leo and I started this business, we really started it based on raising our own family and coming up with ways to reuse and recycle.”

6 2024 Community Impact Report

Delivering such a fresh and delicate product to stores

Two sides of sustainability

is no easy feat. Nick Sullivan, director of research

Conserving water and energy and limiting waste are key

and development at North Shore Greenhouses,

focus areas for North Shore Greenhouses. Over the years,

is focused on implementing systems that help the

the operation has invested in solar panels, taken steps to

business grow and deliver herbs as efficiently

conserve water with hydroponic growing practices, and

as possible.

became the first culinary herb grower in the U.S. to be designated as sustainable by a third-party certifier.

“We’re using precision irrigation and precision climate control, and that ensures that we can always deliver

The greenhouse operation has also invested in creating a

consistent, high-quality products to the consumer year-

sustainable business model that keeps longtime employees

round,” said Nick. “So, 365 days a year we’re producing

engaged and able to put down roots in the community.

crops, and we are able to produce them on a much smaller plot of land than you traditionally find in conventional horticulture.”

“We approach sustainability from two sides. Sustainable employment and sustainable production practices.”

Scan the QR code to learn more.

American AgCredit 7

A SUSTAINABLE FUTURE

“We approach sustainability from two sides,” said Nick.

“Sustainable employment and sustainable production practices.”

“The fact that we’re able to produce a crop 365 days a year continuously means that our staff is able to settle here, grow a family, have dependable, year-round work, and be a part of the team for years and years.”

At the end of the day, it’s the flavor and freshness of the herbs that keep Leo and Suzette motivated to do this work.

By harvesting and selling herbs with roots, North Shore is supplying home chefs with the freshest, most delicious ingredients possible.

“In agriculture, sustainability means taking care of the land, the business and the people for the long haul. Our customers are doing that. They are sustainably and responsibly ensuring food security for years to come.”

— Curt Hudnutt, Chief Executive Officer

8 2024 Community Impact Report

EMPLOYEE SPOTLIGHT Meet Jason Runyan

• He’s a rancher, a farmer and a family man. And, he is the mission program manager at American AgCredit, where he focuses on strengthening our programs to support communities and the next generation of agriculture.

• His passion and understanding of agriculture is why he’s also a culture ambassador at work — teaming up with his peers from across the country to create opportunities for other employees to connect and learn from each other.

• Growing up on his family’s cow-calf and farming

• He comes from

operation means he has seen firsthand the changes in

a line of agriculture

the industry. From an aging farming population to the

educators — his dad was an

shrinking set of resources available, helping address

ag teacher for 30+ years, and

these challenges of the future takes him back to his core.

his brother is now an ag professor.

Jason understands the value of learning

• Coupled with his Farm Credit experience — having

and more importantly, how curiosity can

worked in lending and credit — Jason understands the

advance practices to address the changes

delicate risks that our customers face each day.

in our industry.

“What I appreciate most about my role at American AgCredit is the opportunity to see how the next generation is thinking about agriculture for the future.

They’re questioning why and challenging the norms, which is where true innovation turns into implementation and, hopefully, becomes a better building block for the next generation of producers.” — Jason Runyan, Mission Program Manager

American AgCredit 9

CALIFORNIA CA

PILLAR 1

Next-Gen Ag

$

556,052

PILLAR 2

Food for People

$

377,000

PILLAR 3

Disaster Relief

$

25,000

State Total

$ 958,052

Local organizations supported Amazon Capital Services

Healdsburg Future Farmers County Fair

Sacramento County Fair

Cal Poly Pomona Scholarship

Humbolt County Fair Association

Salinas Valley Fair

Cal Poly Scholarship

Kitchen Table Advisors

Salinas Valley Fair Heritage Foundation

California FFA Foundation

Lake County Fair

San Diego Ag in the Classroom -

Center for Land Based Learning

Lassen County Farm Bureau

Ceres Community Project

Lassen Junior Livestock Auction

Cloverdale Unified School District

Committee

Scholarship San Joaquin Ag Fest Santa Clara County Fair

Community Alliance with Family Farmers

Mendocino County Farm Bureau

Santa Rosa Junior College Foundation

Community Food Bank of San Benito

Merced College Agriculture Division

Santa Rosa Junior College, Ag Trust

County

Merced County Food Bank

Endowment

CWA-Palo Verde Valley Chapter - Blythe

Modoc County Junior Livestock Show

Second Harvest Food Bank

Dairy Princess Committee

Modoc Heritage Foundation

Second Harvest Food Bank of

Emergency Food Bank of Stockton

Monterey County Fair

Eureka County Junior Livestock

Monterey County Farm Bureau

Second Harvest of the Greater Valley

Committee

Mother Lode Fair

Shoreline Unified School District -

Eureka FFA

Nancy’s Project

Extended Child Care Coalition of

North Coast Growers Association

Sonoma County Fair & Exposition

Northern Humboldt Union High School

Sonoma County Grape Growers

Sonoma County Family Farmers Alliance Sonoma County Farm Bureau Farm Bureau Foundation of Sonoma County - Poultry Relief

District - Arcata Northern Humboldt Union High School District - McKinleyville

Santa Cruz

Tomales

Foundation Sonoma County Winegrowers Foundation

Our Lady of Mercy School

Stanislaus County Fair

Feeding America Riverside

Pajaro Valley Unified School District

Trinity County Fair Association

Ferndale FFA

Petaluma High FFA

United Samaritans Foundation

Food Bank of Monterey County

Redwood Acres Fairground

West Sonoma County Union High School

Food for People

Redwood Agriculture Education

Fortuna FFA

Foundation

Good for Good Foundation - Sonoma

Redwood Empire Fair

Growing Hope Gardens

Redwood Empire Food Bank

10 2024 Community Impact Report

District - Sebastopol Youth Ag & Leadership Foundation of Sonoma County

EMPLOYEE SPOTLIGHT Meet Jacob DeBoer

• He’s from a 4th generation farming family and a senior marketer on the American AgCredit team.

• His love for ag runs as deep as the roots his family set down farming rice, walnuts, and almonds near Oakdale, California. And it shines through how he serves his community where he advocates for producers in many ways.

• He’s an elected member for the Board of Directors for the Oakdale Irrigation District and understands firsthand the water challenges farmers are navigating in California.

• As a board member at the Stanislaus County Farm

• He’s also a California FFA alumni and current member of

Bureau, he represents local agriculturalists at all levels

the state’s FFA Foundation Board of Directors. Like many,

of government.

he’s sported the iconic blue jacket.

“Farming is a critical pillar of society, but a disconnect exists between producers and consumers and policy makers. I am energized by this opportunity for producers to step up and put in the time to serve and advocate for our industry.”

— Jacob DeBoer, Senior Regional Marketing Manager

American AgCredit 11

CALIFORNIA

AGYOUTH FINANCING PROGRAM SPOTLIGHT Humboldt County Fair Association • American AgCredit offers interest-free financing for youth livestock projects for school-aged students who have an interest in ag – such as through participation in their local 4-H or FFA chapter.

• Students complete an application process, and if approved, go through a process that’s like a dry-run of the loan process.

The employee perspective • American AgCredit’s Head of Agribusiness Julie Renner has been a member of the Ferndale, California community for more than a decade.

• A former 4-H and FFA member in her own right, Julie volunteers her time to support her local 4-H Club, in which her own daughters are a part of.

• Through this program, students learn the responsibility

Julie’s role

of caring for another living being and experience first-

“I have the privilege of being a 4-H leader in the Ferndale

hand the skills needed to grow a food product. It teaches

4-H Club. My job is to help our members learn how

a significant amount of responsibility – and teaches

to raise a quality food product, how to care for an animal

important business practices like budgeting, financing

and how to market that animal and prepare it for show and

principles, marketing approaches and more.

to ultimately be sold in the auction successfully.”

“I was a member of both 4-H and FFA as a child and as a teen.

Both of those organizations were instrumental in growing me into the person that I am today.”

— Julie Renner, Head of Agribusiness

12 2024 Community Impact Report

COMMUNITY SPOTLIGHT Ceres Community Project

Who they are Ceres Community Project, based in Northern California, supports individuals dealing with serious illness with free or low-cost, nutrient-rich meals – delivered directly to their home.

• Meals are prepared from scratch by teen volunteers who are mentored by an executive chef and adult volunteers.

• Ingredients for their meals are organic and locally sourced and grown by teen and adult volunteers in Ceres’ gardens.

• They specialize in providing meals to meet the nutritional

American AgCredit has worked with the Ceres Community

needs of people living with illnesses like diabetes, cancer

Project to support program growth with nearly $300,000 in

and heart disease.

funding since 2011, including providing nearly $50,000 in 2024 through sponsorships and employee-directed Why it matters

giving, as well as through volunteer opportunities.

Meeting the nutritional needs for individuals and families

The support has provided more than 23,000 medically

facing illness can make a critical

tailored meals for Ceres clients and families.

difference in their recovery. Bringing adult and

Did you know?

youth volunteers together

Ceres is the name of a Roman goddess who represents

creates a community of support

agriculture, grains and the idea of nourishment.

during challenging times for Ceres clients.

American AgCredit 13

COLORADO CO

PILLAR 1

Next-Gen Ag

$

127,927

PILLAR 2

Food for People

$

131,000

PILLAR 3

Disaster Relief

$

—

State Total

$ 258,927

Local organizations supported 4-H Junior Livestock Committee

La Plata County 4-H

Rocky Mountain Farmers Union

Colorado 4-H Foundation

La Plata County Fair

Educational and Charitable

Colorado Farm to Table

Larimer County Fair

Foundation

Colorado FFA Foundation

Mesa County 4-H Leadership Council

Routt County 4-H Council

Colorado Mesa University Foundation

Metro Caring

San Miguel County

Colorado State University Scholarship

Moffat County Extension Fund

Sand County Foundation

County of Archuleta

Montezuma Extension Office

Stop The Ban. Protect Jobs.

Dairy Max

Montrose County Fair Board

Uncompahgre Cattlemen’s Association

Delta County Fair Association

Plimas-Sierra Cattlemen’s Association

Valley Food Partnership

Farm Credit of Southern Colorado FLCA

Poudre Valley Community Farms

Veterans to Farmers

Food Bank of the Rockies

Public Lands Council

Vindeket Foods

Garfield County

Weld County Fair

Holy Cross Cattlemen’s Association

Weld Food Bank

COMMUNITY SPOTLIGHT Who they are Poudre Valley Community Farms’s mission is centered on connecting local food producers to land and water.

The work they do • Securing land, water, and infra-structure access for local farmers and ranchers • Supporting conservation agriculture • Fostering a connected community of people who grow, eat, and care about food.

14 2024 Community Impact Report

Why it matters

2024 impact

In Northern Colorado, rising land costs and development

Poudre Valley Community Farms stewarded 350 acres

pressure make it increasingly difficult for farmers and

of agricultural land in 2024 – conserving it through long-

ranchers to access the land they need. Affordable, long-

term leases (transferred to qualified producers). Its local

term access to farmland is essential to the region’s ability to

producers grew more than 100,000 pounds of produce for

produce food.

the community.

American AgCredit provided funding to support infrastructure and operations efforts.

“The land we’ve conserved, the farmers we’ve empowered, and the future we’re building is a reflection of the shared commitment of our staff, volunteers, partners, and donors who believe that farmland should remain in the hands of those who grow our food and care for the soil.

— Stacy Lishcka, Executive Director, Poudre Valley Community Farms

CUSTOMER SPOTLIGHT Meet Gwen Cameron • She’s a 2nd generation peach grower in Palisade, Colorado, taking over the family business from her dad, Thomas.

• Together, they work to grow organic peaches, cherries, apricots, nectarines, plums and pluots on the Western Slope of Colorado across 35 acres.

• They are proud members of the Fair Food Farm Program, which aims to protect and promote the human rights of farmworkers.

• Thomas named the farm Rancho Durazno, which means “peach farm” in Spanish, honoring the migrant workers who do most of the hard labor when it comes to responsibly tending soil and growing the 400,000 pounds of peaches produced on the farm.

“As a young farmer, there’s just so much to learn. I am a tractor mechanic, a biologist, a salesperson, a marketer, an accountant. It’s a lot to know but that’s also what makes it so interesting to me. And so worth doing.”

— Gwen Cameron, Rancho Durazno

American AgCredit 15

HAWAII HI

PILLAR 1

Next-Gen Ag

$

75,100

PILLAR 2

Food for People

$

31,000

PILLAR 3

Disaster Relief

$

—

$

106,000

State Total

Local organizations supported Agriculture Leadership Foundation of Hawaii

Agriculture Leadership of Hawaii Hawaii FFA Foundation

Hawaii Agriculture Conference

Hawaii Food Bank

Hawaii State Department of Education

Hawaii Food Basket

Maui Food Bank University of Hawaii Foundation

COMMUNITY SPOTLIGHT GoFarm Hawaii: Fall 2024 Grant Recipient John Casson, Kalili Farm Who they are

• In 2022, American AgCredit and CoBank provided a

• GoFarm Hawaii aims to enhance Hawaii’s food security

$1 million gift to GoFarm Hawaii’s matching grant

and economy by increasing the number of sustainable,

program. A new cohort of grant recipients were

local agricultural producers.

announced in fall 2024.

• It started as an agribusiness incubator program in 2003

• The grant, which must be personally matched by the

at the University of Hawaii College of Tropical Agriculture

farmer, provides up to $25,000 per applicant, and may

and Human Resources (UH CTAHR). It has since grown

be used to finance a land purchase, operating expenses

to be one of the largest beginning farmer development

or equipment.

programs in the country.

16 2024 Community Impact Report

“You have to be flexible to adjust plans when unforeseen situations happen.”

— John Casson, Kalili Farm Why it matters • For the island of Hawaii, agriculture is vital to the state’s local food supply and economy. According to UH CTAHR, ag production in Hawaii is concentrated on smaller farms, with more than a third of farmers having less than 10 years experience.

• The program’s efforts to provide business technical assistance, educational opportunities, and access to a suite of resources designed to remove barriers to farming and agribusinesses can be invaluable to producers early in their journey.

• John’s farming inspiration is his grandfather, who farmed

• Kalili Farm received a $25,000 grant match in fall 2024

on his 12 ft. x 12 ft. backyard, growing peanuts and

to secure a lot with fencing, install a screen house,

everything to help feed his family. John got involved in

and purchase refrigerator equipment for value-added

farming himself when he had interest in growing taro

products and vegetables. The grant will also be used to

without chemicals. He now specializes in soybeans,

construct a wash house, purchase a mobile reefer, and

tomatoes, sunflowers, and diversified vegetables.

install a nursery and sprinkler system.

• These improvements will help John expand his farm’s operations and increase production.

Lessons learned The distractions and unforeseen circumstances John has encountered as he’s followed his crop plan has been the most surprising challenge so far. “You have to be flexible to adjust plans when unforeseen situations happen.”

American AgCredit 17

KANSAS & OKLAHOMA KS

PILLAR 1

Next-Gen Ag

$

187,323

PILLAR 2

Food for People

$

200,000

PILLAR 3

Disaster Relief

$

—

$

387,323

OK

State Total

PILLAR 1

Next-Gen Ag

$

12,250

PILLAR 2

Food for People

$

—

PILLAR 3

Disaster Relief

$

—

$

12,250

American AgCredit serves two counties in Oklahoma.

State Total

Local organizations supported KANSAS

ICT Food Rescue

Saline County Fair Association

Agriculture Future of America

Jewell County Fair Board

SC Showdown

Barber County 4-H Council

Kansas FFA Foundation

Scott County Free Fair

Barber County Fair Association

Kansas Food Bank

Sedgwick County Youth Livestock

Butler County Fair Association

Kansas Grown Farmer’s Market

Clark County Fair Association

Kansas State University

Seward County 4-H Council

Cloud County 4-H Courcil

Kearny County Fair

Stafford County 4-H Council

Cloud County Fair Association

Kingman County Fair Association

Stanton County Auction

Clyde Area Foundation

Kiowa County 4-H Council

Sumner County Jr Livestock Auction

Comanche County 4-H Council

Legacy Regional Community

Sylvan Grove Fair and Agriculture

Comanche County Fair Association Community Day Care Center of Garden City

Foundation

Association

Lincoln County 4-H Boosters

The Treehouse

Manna House

Unified School District - Wichita County

Cowley County 4-H Council

McPherson County 4-H Council

Ellsworth County Fair Association

McPherson County Community

Emanuel Lutheran Church

Foundation

Foundation

Schools United School Administration Leadership Foundation

Emmaus House

Meade County Livestock Sale

Fort Hays State University Foundation

Mustang Farm Foundation

OKLAHOMA

Genesis Family Health

Ottawa County 4-H Foundation

Oklahoma FFA Foundation

Gray County Fair Board

Pawnee County Fair Association

Oklahoma State University

Great Bend Chamber of Commerce

Pratt County 4-H Council

Blackwell FFA -

Grow & Learn Childcare Center

Pratt County Fair Association

Blackwell OK-Okies 4-H

Hamilton County Fair Board

Reno County Farm Bureau Association

K-PALS Ponca City 4-H

Harvey County 4-H Council

Reno County Livestock Sale Committee

Ponca City 4-H - OK

Hope Center of Pratt

Saline County 4-H Development Fund

Ponca City FFA

18 2024 Community Impact Report

EMPLOYEE SPOTLIGHT Meet Megan Bergstrom • She’s a connector. As a regional lead for our local giving

• She’s even spent

efforts in Kansas, Megan connects American AgCredit

a day with ICT Food

to the worthy causes in the area that align with our Farm

Rescue, an organization

Credit mission.

that rescues food from being thrown out from local restaurants

• She’s Kansas born and bred with a background in

and delivers the surpluses to shelters,

mortgage lending and financial services. It wasn’t until

food pantries, recovery centers, foster homes and more.

joining American AgCredit in 2017 that she gained more

In 3 hours, they were able to pick up more than 5,500

insight into agriculture and more exposure to the many

pounds of food to be redistributed in the community!

organizations doing the good – and hard – work in the community to feed and support people.

• She’s an avid volunteer in the Wichita, Kansas community, with a big heart and go-getter attitude. Megan is no stranger to leaning in as a pillar of support. She’s worked with the Kansas Farmer’s Market to find ways to expand its reach and also served on a small committee to help a local service agency, the Treehouse, plan a health and wealth event to provide resources to mothers in crisis.

“I’ve been able to learn and experience how interconnected our community really is – once you’re connected to one organization, you feel connected to all the others. That really shows how they come together for a common goal with different ways to support.

— Megan Bergstrom, Senior Retail Processing Specialist

COMMUNITY SPOTLIGHT Expanding food access: Kansas Food Bank Western Kansas Distribution Center The initiative • As part of the Kansas Farm Credit Alliance, American

Why it matters • 1 in 7 Kansans experience hunger, and according to Feeding America’s Map the Meal Gap study, food insecurity rates are only increasing.

• Food insecurity rates across the Kansas Food Bank’s 85-county service area increased from 10.3% in 2021 to

AgCredit and other Farm Credit associations contributed

13.5% in 2022 – with childhood hunger reaching 20.5%

more than $150,000 to the Kansas Food Bank to

from 14.7%.

establish a new distribution center in Garden City, Kansas, serving 31 counties in Western Kansas.

• American agriculture and our nation’s food security go hand-in-hand. With more than 200,000 people across

• The effort increased food distribution by 50% and doubled the amount of fresh produce distribution through Kansas Food

Kansas facing food insecurity – these efforts remain fundamental to our mission.

Bank’s network of partner food pantries and hunger partners.

American AgCredit 19

NEW MEXICO NM

PILLAR 1

Next-Gen Ag

$

581,078

PILLAR 2

Food for People

$

13,000

PILLAR 3

Disaster Relief

$

20,000

Rural Roots Endowment

$

204,000

$

818,078

State Total

Local organizations supported Allprint Graphics

De Baca County Fair Board

Belen Consolidated Schools

Dexter FFA Alumni

Bi-County Fair

Eastern NM State Fair Board

Catron County Fair Association

Eddy County Fair Association

New Mexico State University

Centennial FFA Alumni

El Paso County Livestock Show

New Mexico State University Foundation

Chaves County Jr Livestock Church on the Move, Inc.

Association El Ranchito de los Ninos Foundation —

Association New Mexico Junior Livestock Foundation

Otero County Fair Association Quay County Fair Board

Cliff-Gila Fair Association

NM

Clovers 4 Kids Booster Club

EXPO NM

Roadrunner Food Bank

Colfax County Fair Association

Fort Sumner Municipal Schools

Roosevelt County Fair Board

Community Foundation of Southern

Guadalupe County Fair Board

Roosevelt County Goat & Lamb Jackpot

Harding County Fair Association

Roswell Chamber of Commerce

Corona Public Schools

Hidalgo County Fair Board

Roswell Volleyball, Inc.

County of Lea

Junior Livestock Exp

Sand County Foundation, Inc.

County of Torrance

Lincoln County Fair Association

Sierra County Fair Association

Cowboys For Cancer Research

New Mexico Farm & Livestock Bureau

Socorro County Fair & Rodeo

Curry County 4-H Council

New Mexico FFA Association

Association

Curry County Jr. Livestock Sale

New Mexico FFA Foundation

South West Feeds

New Mexico High School Rodeo

Southern New Mexico State Fair &

In 2024, American AgCredit

Launched in 2023 after the merger

awarded grants to 23 New

between Farm Credit of New Mexico

New Mexico

Committee

Mexico agriculture-related organizations totaling

$204,000.

20 2024 Community Impact Report

Rio Arriba County Fair Association

and American AgCredit, the $10 million endowment focuses on investing in the long-term viability, sustainability, and profitability of agriculture in New Mexico.

DISASTER RELIEF Neighbors Helping Neighbors What happened In October 2024, devastating floods overwhelmed the Roswell, New Mexico community, taking the lives of two individuals and destroying countless homes, businesses and local infrastructure.

Some perspective • Rainfall hit a new daily record, with 5.78 inches of rain, with some nearby ranches totaling more than 10 inches of rain.

• For this part of the country, the amount of rain overwhelmed its infrastructure. Roswell averages 12 inches of rain annually. The flooding damaged multiple dams and levees, and its drainage system.

“This area has not faced this type of event or devastation in a very long time, if ever. Although tragic and devastating, it has revived a sense of community and neighbors helping neighbors.”

— Jeremy Kohler, Head of Regional Banking, New Mexico

The response American AgCredit donated $20,000 to support local

These organizations were on the ground, providing

relief efforts. This contribution was directed to two key

clean up support and financial resources to support the

organizations: the Community Foundation of Southern New

immediate and long-term recovery needs for the people,

Mexico and Church on the Move, both of which are at the

animals, and places affected by the devastation in Roswell

forefront of the relief efforts.

and surrounding areas in Chaves County.

American AgCredit 21

NEW MEXICO

COMMUNITY SPOTLIGHT Advocacy for rural America: National Center for Frontier Communities Who they are • The National Center for Frontier Communities (NCFC) has been the national advocacy voice for the frontier and has served as a central point of contact for referrals, information exchange, and networking among geographically separated communities.

• They are the only organization solely dedicated to frontier issues in the nation.

The work they do • Examples of NCFC’s work include advocacy to pass a bill to establish The New Mexico Rural Equity Ombuds Office, which is meant to ensure frontier and rural equity through

Why it matters

the state legislative, policy and grant-making processes,

• Fifty-six percent of America is considered to be frontier,

as well as to provide a conduit to develop solutions for

with over 12 million people living in remote areas. Despite

ongoing issues of geographic equity across the state.

differences, these communities share issues common to sparse populations that are chronically underserved by

• This model is now offered for other states to adopt.

56% of America is considered to be frontier, with over 12 million people living in remote areas.

22 2024 Community Impact Report

traditional public policy frameworks.

NEVADA NV

PILLAR 1

Next-Gen Ag

$

38,198

PILLAR 2

Food for People

$

36,000

PILLAR 3

Disaster Relief

$

—

$

74,198

State Total

Local organizations supported Elko County Fair Board

Nevada FFA Foundation

Indian Valley Food Pantry

Food Bank of Northern Nevada

Nevada Junior Livestock Show Board

Nevada FFA Foundation

Friends in Service Helping

Silver Sage FFA Chapter

Soulful Seeds

Indian Valley Food Pantry

Tri County Junior Livestock Show

The Food Bank of Northern Nevada

Nevada Agriculture Foundation

Friends In Service Helping (FISH)

University of Nevada, Reno BFR Program

CUSTOMER SPOTLIGHT Frey Ranch — Fallon, Nevada “Be good to the land and the land will be good to you. And for us, as farmers, if we don’t take really good care of our soil, our environment, our natural resources, then we don’t have a future.

My goal in life is to take really good care of it and pass it on to my kids. We’re really just temporary stewards of the land. We don’t really own it, we’re just temporary caretakers.” — Colby Frey

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American AgCredit 23

Your future grows here