AgChoice Farm Credit and MidAtlantic Farm Credit Merge as Horizon Farm Credit
JUL 5, 2022 - 7:01 am
AgChoice Farm Credit and MidAtlantic Farm Credit jointly merged, forming Horizon Farm Credit, on July 1. The merger was voted on and approved by the membership of each association in May and received final regulatory approval from the Farm Credit Administration.
Horizon Farm Credit will serve 100 counties in Delaware, Maryland, Pennsylvania, Virginia and West Virginia and will be made up of more than 20,000 member-borrowers. The merged entity has 25 offices across its five-state footprint and is headquartered in Mechanicsburg, PA.
“The merger of these two highly respected and successful associations strengthens our commitment to agriculture and our rural communities,” Tom Truitt, CEO of Horizon Farm Credit, said. “The name Horizon Farm Credit is significant as we look ahead to the future of our industry with optimism, where innovation meets tradition, to help champion the dreams of our members.”
“As a unified cooperative, we are prepared to serve our borrowers with a higher level of specialized service and localized decisions,” Shawn Wolfinger, Horizon Farm Credit’s chairman of the board, said. “Our team at Horizon Farm Credit is leveraging the strengths of the two original associations while providing expanded capital to support our membership.”
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