Farm Credit West and Northwest Farm Credit Services are pleased to announce the board of directors of both associations have unanimously agreed to pursue a merger of the two organizations by signing a letter of intent to merge.

Since 2013, the Center for Land-Based Learning in Woodland has offered Beginning Farmer Training through its California Farm Academy. The intensive seven-month program combines lectures by farmers and agricultural professionals, hands-on field experience, and farm visits to expose students to topics critical for a future in farming.

During the spring, hundreds of Farm Credit members and staff from California and around the country head to Washington, D.C., for the annual Farm Credit Fly-In. While at the Capitol, associates visit with their members of Congress and key federal regulators to discuss pending legislation and other important matters affecting agriculture.

On June 14, 2021, Farm Credit West's Independent Auditor convened to tally the ballots of the recent 2021 Farm Credit West Director Election. The results of this event are documented in the customer letter posted here, completing the 2021 director election process for Farm Credit West. Those who participated in the election process play an important role in FCW's success. We convey our most sincere appreciation to those who agreed to serve as director candidates, Nominating Committee members/candidates and to all those stockholders who cast their ballots. 

In 1975, a group of women concerned about challenges to California agriculture got together to “speak on behalf of the busy farmer” and educate consumers and legislators about farming issues. Today, the CWA has become one of the largest all-volunteer advocacy groups in the nation, consisting of a diverse group of bankers, lawyers, accountants, marketing professionals and consumers – along with farmers and ranchers.

Farm Credit West, ACA recently announced the Board of Directors has voted to distribute a patronage dividend to customer-owners equal to 150 basis points (bps) or 1.50% of eligible average outstanding loan balances in 2020. This patronage dividend includes a special pandemic related relief payment of 50 bps distributed to customers during the summer of 2020.

On Wednesday, July 1st, California’s Governor Newsom announced a roll-back of certain previously announced openings of businesses and activities due to a substantial surge in COVID cases and hospitalizations. In addition, Federal, State, local and other entities continue to encourage the wearing of a face mask in public spaces including any workplace visited by members of the general public.

Over the last several weeks, your association has closely followed SBA activity as additional information and clarifying documents regarding the Paycheck Protection Program (PPP) have been released. Most recently, a revised application and instructions have been provided detailing the process to seek debt forgiveness for PPP loan recipients.

We recognize the COVID-19 pandemic and related closures have resulted in significant unforeseen hardship for agriculture in California and Arizona. To provide relief in the current environment, Farm Credit West’s Board of Directors recently resolved to distribute a partial advance payment of the 2020 end-of-year patronage distribution to every eligible customer.

In an effort to provide food to California families in need, Farm Credit, Dairy Farmers of America (DFA) and Hilmar Cheese Company, Inc., are partnering to assist the expansion of the state’s Farm to Family Program, as recognized last week by Gov. Gavin Newsom.