AgriBank Event Celebrates 95 Years of Farm Credit System and Showcases New Headquarters
St. Paul, MN, April 19, 2012 – Mayor of St. Paul, Chris Coleman, issued a Proclamation declaring April 19, 2012 as Farm Credit Day in St. Paul as AgriBank, FCB, hosted the 95th anniversary celebration of the Farm Credit System at their new St. Paul headquarters and honored the contributions of farmers across the state of Minnesota and the balance of the fifteen states in the AgriBank District. Representatives from state and local government, as well as Minnesota agribusinesses, gathered to participate in this timely celebration.
Bill York, AgriBank CEO said, “Agriculture and the food industry represent a bright spot in America's economy and we are very proud of the deep roots that AgriBank and Farm Credit has in the state of Minnesota. Agriculture is vitally important to the state’s economy. Nearly 15 percent of all jobs are based in the agriculture and/or food production industries. Agriculture also ranks as the second largest export sector and contributes to almost 20 percent of our state’s total exports. Farm Credit is honored to help finance this industry.”
The event featured speakers from a variety of sectors. Topics covered at the event included AgriBank’s commitment to St. Paul, MN, farmer success stories, the importance of agriculture to Minnesota, building the future and redefining tomorrow and the economic impact of having AgriBank in the area. Prominent speakers at the event included:
- Bill York, AgriBank CEO
- Jim Boerboom, Deputy Commissioner, MN Department of Agriculture
- Paul DeBriyn, AgStar President & Chief Executive Officer
- Dick Davidson, AgriBank Board Chair
- Matt Kramer, St. Paul Chamber of Commerce President
Bill York, AgriBank CEO, stated, “Our sights are set on building an even better tomorrow for the farmers, ranchers and rural Americans we serve together. AgriBank is working to continually provide sound and innovative ways to meet the credit, capital and funding needs of the affiliated Farm Credit Associations who are financing rural America. As the agricultural industry expands and thrives on a global scale, Farm Credit will be there, leading the way as we have for the past 95 years.”
AgriBank, FCB is one of the largest banks within the national Farm Credit System, with over $73 billion in total assets. As agriculture’s borrower-owned financial leader, AgriBank complements the market-facing focus of affiliated Associations to serve rural America in a District that stretches from Ohio to Wyoming and from Minnesota to Arkansas, representing nearly 40% of farmland and over 60% of cropland in the United States. The affiliated Associations and AgriBank are collaborating in successfully shaping the future of agriculture.
For more information, or to set up an interview with any of the speakers, please contact Becca Yaklich, AgriBank Communications Manager, at 651-323-3590 or Becca.Yaklich@agribank.com.