About the Farm Credit System
The Farm Credit System is a nationwide network of cooperative lending institutions that provides credit and financial services to farmers, ranchers, rural homeowners, agricultural cooperatives, rural utility systems and agribusinesses.
The system was created in 1916 by an act of Congress and is the largest single provider of agricultural credit in the United States. However, the real benefit of doing business with Farm Credit is dealing with a local office with hometown people who know their business, their communities and their customers.
Unlike commercial banks, we do not take deposits. Money is raised by selling system-wide bonds and discount notes in the securities market on Wall Street. The proceeds are channeled through Farm Credit System banks, associations and thus ultimately to our customers involved in agriculture and agribusiness. AgFirst Farm Credit Bank is the Farm Credit Bank for our district and is located in South Carolina.
Local service with national stability. We are Farm Credit – contact us today and see how we can serve you.