Farm Credit Donates $10,000 with CoBANK Match

MANHATTAN, Kan.  –  A Fellowship Underwriters level of investment in the Kansas Agriculture and Rural Leadership (KARL) Program,  has been contributed by the 6 Farm Credit Associations of Kansas, with a match from CoBank.  The total contribution of $10,000 is applied to the fund raising campaign for KARL Class XII.

Farm Credit Associations of Kansas is pleased to assist with the cost for a participant to experience the cutting edge training program according to Mark Winger, contributions committee member and a KARL Class III graduate.  “With costs at $20,000 per person as the total value of participation, the investment for 30 participants is $600,000 for each two-year KARL class. We as association members are pleased to be a partner with KARL to help sustain and enhance the training program.” Said Winger.  According to KARL President and program director Al Davis, “The KARL Program always has and wishes to remain free of financial investment from public funding sources. In 23 years we have never accepted tax derived funding for the program.”

KARL graduates are ambassadors for rural communities, agriculture and the way of life associated with each.  The knowledge, contacts and skills gained in the KARL Program allows them to do their best to apply critical thinking, knowledge, expertise and an effective voice to decision making that affects our rural communities and the agricultural industry in Kansas. The contribution is part of the Farm Credit system and CoBank’s corporate giving programs.

About Farm Credit Associations of Kansas:

The Farm Credit Associations of Kansas are patronage-paying associations, serving more

than 15,000 shareholders.  Farm Credit has a rich tradition in Kansas for 95 years. The

Farm Credit System is comprised of borrower-owned financial institutions serving

farmers, ranchers, agribusiness and rural communities. The six Farm Credit Associations

of Kansas are: Farm Credit of Western Kansas, Farm Credit Services of Southwest

Kansas, Farm Credit of Ness City, High Plains Farm Credit, American AgCredit, and

Frontier Farm Credit. More information is available at www.farmcredit.com

.About CoBank:

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states.
CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture and the nation’s rural economy. In addition to serving its direct retail borrowers, the bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 70,000 farmers, ranchers and other rural borrowers in 23 states around the country.
Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore. For more information about CoBank, visit the bank’s website at www.cobank.com.