Farm Credit Associations Donate $40,000 to the Federation of Virginia Food Banks
Colonial Farm Credit, MidAtlantic Farm Credit and Farm Credit of the Virginias – the three Farm Credit associations serving the Commonwealth of Virginia – made a recent collaborative donation totaling $40,000.00 to the Federation of Virginia Food Banks.
The collaborative donation will fund the Federation of Virginia Food Banks’ Farms to Food Banks Initiative, in which the Federation and its’ member food banks have prioritized partnerships with local growers to support the regional ag economy and increase the supply of fresh, nutritious foods available to Virginians facing food insecurity.
Eddie Oliver, Federation of Virginia Food Banks Executive Director, shared, “Our 'Farms to Food Banks' initiative is a key component of our mission to improve nutrition security and empower strong, healthy communities throughout the Commonwealth. Virginia growers produce some of the best, most nutritious food in the world, and we want to make more of it available to the families we serve. We are incredibly grateful to our Farm Credit partners for sharing our vision and investing in it.”
Farm Credit of the Virginia’s Chief Executive Officer, Brad Cornelius, said, “Farm Credit is a mission-driven organization. Our commitment to supporting agriculture and our rural communities goes beyond providing reliable financial services. Our long-standing partnership with the Federation of Virginia Food Banks to advance their hunger-relief efforts in the commonwealth allows us to ensure meals are available to food insecure families in our region while also benefitting our hardworking farmers – a win-win in our book!”
For more information about Farm Credit of the Virginias and their rural community support efforts, please visit www.farmcreditofvirginias.com/about/community-support.
About the Federation of Virginia Food Banks
The Federation of Virginia Food Banks is a 501(c)(3) nonprofit state association of food banks affiliated with Feeding America and is the largest hunger-relief network in the state. The Federation supports the seven regional Virginia/Washington DC food banks in building partnerships, securing resources, sharing data, and raising awareness of food insecurity throughout the Commonwealth.
About Farm Credit of the Virginias
Farm Credit of the Virginias provides over $2 billion dollars in financing to more than 12,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them. In fact, as part of a nationwide network they are the largest single provider of agricultural credit in the United States and have been for over 100 years. Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending, expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center.
About the Farm Credit System
The Farm Credit System is a national network of lending institutions that collectively provide a wide range of financial and lending services to rural America. Farm Credit institutions are cooperatives, capitalized largely through investments made by farmers, ranchers and the rural businesses that borrow from them. In fact, as part of a nationwide network they are the largest single provider of agricultural credit in the United States and has been for over 100 years. Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending and expert financial services.