Farm Credit of New Mexico

Farm Credit of New Mexico is a financial services provider that is part of the U.S. Farm Credit System. It is the largest agricultural lender serving New Mexico. [http://www.bizjournals.com/albuquerque/stories/2005/04/18/story5.html "Ag lender puts up millions to stem loss of young farmers"] , "New Mexico Business Weekly", April 15, 2005, accessed August 27, 2008.] [ [http://www.bizjournals.com/albuquerque/stories/2005/01/03/story4.html?jst=s_cn_hl "Earnings way up at Farm Credit System lenders in NM"] , "New Mexico Business Weekly", December 31, 2004, accessed August 27, 2008.]

Headquartered in Albuquerque, the company provides New Mexico's farmers, ranchers, agricultural business, farm co-operatives and homeowners in rural communities with loans and banking services related to commercial and consumer needs. [ [http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=8081364 Profile: "Farm Credit of New Mexico"] , "Investing/BusinessWeek.com", accessed August 27, 2008.]

In recent years, Farm Credit of New Mexico has placed increased emphasis on expanding lending opportunities to the state's younger farmers and ranchers. [ [http://www.bizjournals.com/albuquerque/stories/2003/07/21/story7.html Funding for Young Farmers and Ranchers Sprouted in '02"] , "New Mexico Business Weekly", July 18, 2003, accessed August 27, 2008.] In 2006, the institution launched a $250,000 scholarship program based at New Mexico State University. This program provides a $2,000 annual scholarship the children and grandchildren of Farm Credit of New Mexico members' enrolled as undergraduates at the university. [ [http://www.hpj.com/archives/2005/dec05/dec19/FarmCreditgives250000forend.cfm "Farm Credit gives $250,000 for endowed scholarship at NMSU"] , "High Plains/Midwest Ag Journal", December 15, 2005, accessed August 27, 2008.]

References

External link

* [http://www.farmcreditnm.com Farm Credit of New Mexico] – Official web site.
* [http://www.fcredit.com/Default.aspx?pageid=5 Farm Credit of New Mexico] - Profile at Farm Credit Council in searchable site for Bernalillo County, New Mexico.


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