Merger

Merger

Merger Process Update - November 18
Merger Process Update - October 24

In February, we announced our intention to merge with Northwest Farm Credit Services, an association that serves producers, agribusinesses, and related industries in Alaska, Idaho, Montana, Oregon, and Washington. We are both successful, financially strong Farm Credit associations who have partnered together for many years to jointly finance customers, serve rural markets, and collaborate in operational areas.

Since February, both associations have undergone a thorough due diligence process and finalized merger agreement terms. Preliminary approval by our regulator, the Farm Credit Administration, has been received and we are ready to submit the merger proposal to the voting stockholders of both associations for consideration. Both boards have thoroughly reviewed all due diligence and analysis information and recommend stockholders vote in the affirmative for this merger.

We will host an informational meeting by teleconference for you to ask questions concerning the merger.

 

Frequently Asked Questions 

  • What is the purpose of the special meetings of stockholders?

    We have called a special meeting of stockholders to obtain voting stockholders' decision on the merger of Farm Credit West and Northwest FCS. Under the Farm Credit Act, the Merger cannot go forward without the affirmative vote of a majority of each Association’s stockholders voting, in person or by proxy, at a duly called meeting of stockholders. The Merger also requires final approval from the Farm Credit Administration.

     
  • How do I submit my vote on the Merger?

    You can either submit a proxy ballot by mail or you can attend the special meeting of stockholders and vote in person.

  • What if I have questions on the Merger?
    Refer to your disclosure package for more information, including merger details as well as potential risks and benefits.