In The News

Farm Credit System members donate nearly $500,000 to Camp Fire relief efforts


The contribution will support the Camp Fire disaster relief efforts in Butte County.

Chico, CA (1-2-19) – Multiple associations of the Farm Credit System, which has served the nation’s agricultural and rural communities for more than 100 years, have come to the aid of a community in need. Together they have donated nearly $500,000 to help victims of the devastating Camp Fire in Butte County, the deadliest fire in California’s history.

Golden State Farm Credit, which serves farmers and ranchers in Butte County, neighboring Colusa-Glenn Farm Credit, and the system’s banking partner, CoBank, have coordinated efforts with the Farm Credit Associations across the United States to assist the efforts of local relief agencies, said J. Fletcher Monroe, Golden State Farm Credit’s president and Chief Executive Officer. 

“We here at Golden State Farm Credit are honored to be part of the Farm Credit System, where we stand by each other and our communities in times of crises,” Monroe said. “We are humbled by the outpouring of support, heartfelt prayers, and generosity received from so many. 

“The funds provided to these local organizations, along with a small portion given to the Employee Relief Fund to assist our staff members who lost their homes in the fire, will have an immediate impact as well as helping the long-term rebuilding efforts Butte County, residents, and businesses will face for years to come. We are thankful to all that have selflessly given to those in need.”

Participating in the effort are Farm Credit West, which also serves customers in a portion of Butte County, along with California-based organizations American Ag Credit and Yosemite Farm Credit.

“The impact of the Camp Fire in Butte County is devastating. We’re honored to play a small part in assisting this community rebuild after such a tragic event,” said Farm Credit West’s President and CEO Mark Littlefield.

Organizations from outside the state assisting in the relief effort are AgVantis, Farm Credit of Southern Colorado, Northwest Farm Credit Services, Premier Farm Credit, Texas Farm Credit, and Western AgCredit.

Relief agencies thanked Farm Credit Associations for their generous response to those in need.

“The Community Action Agency is committed to serving hungry families at all times of the year but especially during the holidays and now with the addition of families impacted by the Camp Fire,” said CEO Thomas P. Tonorio. “We’re grateful to have the support of the Farm Credit System and others to help our communities.”

The blaze broke out on November 8 and consumed more than 153,000 acres before being fully contained a month later. A total of 85 residents and three firefighters were killed and almost 14,000 homes, along with 528 commercial buildings and nearly 4,300 other structures were destroyed.

Monroe said the fire had an impact on agriculture as well. Several Golden State Farm Credit members lost homes and outbuildings, at least one lost a business in Paradise. The fire affected local bee keepers, destroyed a small vineyard, and burned a great deal of range land. The fire also hit the local 4H and FFA programs, where the kids lost structures they would have used to raise their fair animals. In addition, five Golden State employees lost their homes in the fire.

 

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About Golden State Farm Credit
Golden State Farm Credit is a premier employer and borrower-owned cooperative, dedicated to providing reliable credit and financial services to rural agricultural communities located in Northern and Central California. Golden State Farm Credit is focused on helping agriculturalist reach their goals with mortgage and commercial loans, competitive interest rates, equipment leasing, appraisal services, and a special lending program for Tomorrow's Farmers. Find out more about Golden State Farm Credit at www.goldenstatefarmcredit.com or call 800.834.8698.

About Farm Credit West
Farm Credit West is a lending institution of the Farm Credit System with California branch offices in Bakersfield, Dinuba, Hanford, Imperial, Paso Robles, Santa Maria, Templeton, Tulare, Ventura, Woodland and Yuba City and Arizona branch offices in Tempe, Safford, and Yuma. The corporate headquarters is located in Rocklin, California. The Farm Credit System is a nationwide network of borrower-owned lending institutions and specialized service organizations created by Congress in 1916. The System provides loans, leases, and related services to farmers, ranchers, rural homeowners, agribusinesses and agricultural and rural utility cooperatives nationwide. Visit www.farmcreditwest.com.

Contact:
Michelle Paul
Vice President of Marketing
Farm Credit West
(916) 724-4864
Michelle.Paul@farmcreditwest.com