AgFirst, CoBank, Farmer Mac and the Texas Farm Credit District join in Hurricane Helene relief effort
October 4, 2024
AgFirst, CoBank, Farmer Mac and the Texas Farm Credit District have joined together to provide $315,000 in relief aid for those hard hit by Hurricane Helene. These entities share a common mission of supporting rural communities and American agriculture with financial and other services. Funds will be donated to the American Red Cross.
In its wake, Helene has left unimaginable damage across the Southeastern United States, including in many areas where Farm Credit cooperative associations operate. Local Farm Credit employees and local authorities have indicated that many farmers, producers and agribusinesses in communities across Florida, Georgia, the Carolinas and Tennessee are experiencing the catastrophic impact of the storm.
The combined contribution of the four institutions will help the Red Cross as it works around the clock to deliver food, medical and other supplies to victims, while also providing shelter for those who lost their homes, distributing essentials and offering mental health support.
In addition to the funds provided by AgFirst, CoBank, Farmer Mac and the Texas Farm Credit District, Farm Credit system employees nationwide are also making contributions to the Farm Credit System Employee Relief Fund. The relief fund is a standing program available to all Farm Credit employees experiencing financial hardship due to natural disasters and other catastrophic events.
About AgFirst Farm Credit Bank
Headquartered in Columbia, S.C., AgFirst Farm Credit Bank is one of four wholesale banks in the nationwide Farm Credit System. Farm Credit has supported rural communities and agriculture with reliable, consistent credit and financial services for more than 100 years. AgFirst is a cooperative that provides funding and services to Association partners in 15 states and Puerto Rico.
