Farm Credit Cooperative, American AgCredit Office Breaks Ground

Farm Credit Cooperative, American AgCredit Office Breaks Ground

Ceremonial event planned for Wednesday to kick off construction of new Salina office for Farm Credit cooperative

A ceremonial groundbreaking planned for tomorrow (Oct. 3) will kick off construction of a new Salina office for American AgCredit. The new office building site is at 925 West Magnolia, adjacent to Menards Home Improvement Center.

State and local officials, construction company management, project architects, area partners and members of the community will participate in the event.

Founded in 1916, American AgCredit is part of the nationwide Farm Credit System, and is the nation's 6th largest Farm Credit cooperative. American AgCredit specializes in providing financial services to agriculture and rural customers throughout California, Nevada, Central Kansas, Northern Oklahoma, Western Colorado, and Northern New Mexico – as well as to capital markets customers in 30 states across the nation.

"The need for a new office in Salina illustrates the growth in the area, and the importance of creating a professional place of business for our customers to visit when seeking financing for their farm or ranch," said President and CEO Ron Carli. "The office will help to connect all of our area customers, from Republic County through Saline County and westward."

Features for farmers

The new office will be a 12,464-square foot, single-story stone veneer building, and features a large,conference room with external access – making it ideal for community meetings and as a regional gathering facility. It will feature a caterer's kitchen and receiving area for supplies, as well as a multipurpose conference and audio-video room on the lower level. The project cost is $3.75 million and will take 10 months to complete. Architect Randy Phillips of Spangenberg, Phillips and Tice, designed the new office, which is slated for a July 31, 2013, completion.

Other exciting aspects of the new office include enlarged approaches and reinforced drives, which will allow area farmers and ranchers to pull related farm vehicles and equipment in and through the property with ease. The building exterior will highlight use of locally quarried limestone.

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"The need for a new office in Salina illustrates the growth in the area, and the importance of creating a professional place of business for our customers to visit when seeking financing for their farm or ranch," said President and CEO Ron Carli. "The office will help to connect all of our area customers, from Republic County through Saline County and westward."

The groundbreaking highlights the initial start of construction and marks the success of a long-awaited project for the long-time area lender. According to Chief Administrative Officer (CAO) Roger Bastow, the project involved collaborations with city planners in many aspects. "The City of Salina has put great emphasis on growth and progress for the community, and took extraordinary steps to move this project forward."

A key element of the site plan was access and safe entry to and from the new office. "Our concept was to facilitate street access for our customers, many of whom come from outside the county in work vehicles, trailers, and the like. This new facility was designed to assist our visitors, while providing safety for the community, particularly as the building sits adjacent to Interstate 135," said Bastow.

History of services

"Founded in 1916, American AgCredit is part of the nationwide Farm Credit System, and is the nation's 6th largest Farm Credit cooperative. American AgCredit specializes in providing financial services to agriculture and rural customers throughout California, Nevada, Central Kansas, Northern Oklahoma, Western Colorado, and Northern New Mexico – as well as to capital markets customers in 30 states across the nation.

Financial services provided by American AgCredit include production and mortgage financing,equipment and vehicle leasing, crop and life insurance, lines of credit, and the Young, Beginning and Small farmer program. In addition, the Association provides interest-free loans for qualifying 4-H and FFA AgYouth programs, as well as college scholarships to young people interested in agriculture.

For more information about American AgCredit's financial services, call 800-800-4865 or visit AgCredit's website for a listing of offices by region.

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