September 2014 President's Message
Fall is a time to assess how the year has gone thus far
and to begin planning for the next year.
Carolina Farm Credit is having a successful year again in 2014. Earnings are above projections and above this
time last year. Our business planning
process has started and we are excited about serving our membership for years
to come. As you reflect back on your year and your planning process, it is a good time to plan a visit with your
loan officer. They can help you chart
your financial progress and set goals for the future. As the saying goes, “Failing to plan is
planning to fail.”
Fall also brings about the election of your Carolina Farm
Credit directors. Steve Love of Alamance
County has announced that he is retiring from the board and will not seek
re-election as his term expires this year.
As part of the board’s plan to reduce its size, Mr. Love’s seat will not
be filled. He has been an excellent
director for the past ten years and we are truly grateful for the leadership
Mr. Love has provided to our association. We wish for him the best for years to
come. Therefore, only one position will
be up for election this year. You should
have received your 2014 Annual Meeting Information Statement in the mail last
month and ballots were recently mailed to all voting stockholders. Please take time to complete the ballot and
return by mail. This is your opportunity
to have a say in how your cooperative is governed. Polls close on October 1st.
Our branches are planning for our fall customer
appreciation events to take place during the month of October. Please be looking for your invitation and
make plans to attend. Your board has
approved the revolvement of allocated surplus this fall and the checks will be
distributed at the branch events. These
events provide an opportunity for us to show our appreciation for you doing
business with Carolina Farm Credit and give you an opportunity to enjoy good
food and fellowship with your friends and neighbors.
It was our good fortune to have four great interns that
worked in various branches throughout the summer. Keshawn McDaniel, a graduate student at NC
A&T University worked in Salisbury; Alex Stott, a rising senior at NC State
University worked in Hendersonville; Trey Waugh, a rising senior at Appalachian
State University worked in Wilkesboro and Kyle Williamson, a rising senior at
NC State University worked as an appraisal intern in Carthage. If you have not had a chance, take time to
read their blogs that are posted on our website chronicling their time with
us. These four individuals have bright
futures ahead of them and we are grateful we got to spend the summer with them.
Thank you for allowing us to be your lender and provider
of financial services. It’s a pleasure
to serve agriculture and the people in this industry!
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