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Kennedy To Receive CoBank Scholarship     November 4, 2011

Farm Credit of Ness City Board Delivers Cash Patronage
July 18, 2011

Farm Credit of Ness City, FLCA, began delivering $1.8 million on July 18 to eligible Association stockholders who paid interest in the year 2010. This amount is a return of over 20.62% of the interest paid by eligible stockholders in 2010.

“We are extremely pleased to deliver checks representing a significant portion of Association profits to our stockholders beginning in July this year,” said Association President, Scott Stockwell. “The Board recognizes the key role our customers play in the ongoing success of our operations, and this cash payment reaffirms the Board’s desire to reward our stockholders for their loyalty. Our strong capital position and earnings have made it possible to pay cash patronage for each of the last 12 years. This payment substantially reduces our customers cost of credit. After this payment, $14.58 million in cash patronage will have been paid out.”

Farm Credit of Ness City, headquartered in Ness City, also has field lending offices in Dighton, Hoxie, Jetmore, Quinter, and WaKeeney. Farm Credit of Ness City serves agricultural producers and home owners in western Kansas, with a loan portfolio of nearly $204 million at year-end 2010.

Farm Credit of Ness City Director Elections
May 27, 2011

Stockholders of Farm Credit of Ness City, FLCA, have re-elected Howard Boese of Brownell and Keith Kennedy of Hoxie to the board of directors at the conclusion of mail balloting on May 20. Both will serve three-year terms. Keith Kennedy has served on the board since 1999 and is currently Board Chairman. Howard Boese was elected in 2008 and will begin his second three-year term.

The stockholders also elected the Nominating Committee for 2012, which is composed of Adrian Coberly of Gove, Steve Heath of Dighton, and Harvey Heier of Grainfield. Thomas Mulville of Dighton has been selected as the alternate member of the committee.

With loan volume of over $205 million, Farm Credit of Ness City is part of the Farm Credit System, which has served agriculture in Kansas since 1917. As a cooperative lender that is wholly owned by its customers, Farm Credit of Ness City has a chartered territory which includes the counties of Gove, Hodgeman, Lane, Ness, Sheridan and Trego, but through agreements with other Kansas Farm Credit Associations, also originates loans throughout the state of Kansas.

Farm Credit of Ness City Board Declares Cash Patronage
March 28, 2011

At its regular meeting held March 24, the board of directors of Farm Credit of Ness City, FLCA, declared a cash patronage payment of $1.8 million to eligible Association stockholders who paid interest in the year 2010. This amount is a return of over 20.61% of the interest paid by eligible stockholders in 2010.

“We are extremely pleased to deliver checks representing a significant portion of Association profits to our stockholders beginning in July this year,” said Association President, Scott Stockwell. “The Board recognizes the key role our customers play in the ongoing success of our operations, and this cash payment reaffirms the Board’s desire to reward our stockholders for their loyalty. Our strong capital position and earnings have made it possible to pay cash patronage for each of the last 12 years. This payment substantially reduces our customers cost of credit. After this payment, $14.58 million in cash patronage will have been paid out.”

Farm Credit of Ness City, headquartered in Ness City, also has field lending offices in Dighton, Hoxie, Jetmore, Quinter, and WaKeeney. Farm Credit of Ness City serves agricultural producers and home owners in western Kansas, with a loan portfolio of nearly $204 million at year-end 2010.

National News

Farm Credit Supports Ag With National Contributions    June 22, 2011