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Farm Credit System to Support Customers
Ohio Ag Connection - 03/24/2020

Central Kentucky Ag Credit, River Valley Ag Credit and Farm Credit Mid-America are standing by their commitment to secure the future of rural communities and agriculture by working with borrowers whose operations are negatively impacted by COVID-19 and measures taken to limit its spread.

As a unified Farm Credit System, we recognize the significant stress the pandemic is putting on farmers across the Commonwealth of Kentucky and commit to standing by our customers until this situation is resolved.

The Farm Credit associations in Kentucky are using flexibilities afforded by our cooperative structure, financial strength and passion for purpose to help alleviate the stress for borrowers affected by the COVID-19 in several ways, including:

- Extending the terms of loan repayments

- Restructuring borrowers' debt obligations

- Working with each customer to understand their situation and find solutions that best fit their individual need

At this time, Central Kentucky Ag Credit, River Valley Ag Credit and Farm Credit Mid-America continue to conduct business and serve customers. For those who need face-to-face conversations, customers should call their local office to make an appointment. For those who prefer to limit in-person contact with others at this time, a range of online and electronic services such as online banking tools are available.

"As a unified Farm Credit System, we remain committed to serving our customers and their needs. Please contact your individual Farm Credit System cooperative to discuss your individual needs," added the presidents and CEOs of the three local system organization: River Valley Ag Credit's Kyle Yancey, Central Kentucky Ag Credit's Jim Caldwell and Farm Credit Mid-America's Bill Johnson.

Farm Credit Mid-America operates across Kentucky, Tennessee, Ohio and Indiana. Central Kentucky serves a 17-county area in Kentucky, with offices in Danville, Frankfort, Lebanon, Lexington, Paris, Richmond and Stanford. River Valley as 12 brand offices: Bardwell, Clinton, Hickman, Kevil, Mayfield, Murray and Paducah, Ky.; and Athens, Cleveland, Dayton, Loudon and Pikesville, Tenn.

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