MidAtlantic Farm Credit promoted Bill Rutter to chief credit officer. He is located in the association’s Westminster, MD headquarters office.

“As chief credit officer, I am looking forward to continuing to support our local agriculture industry and finding new ways for us to help our members,” Rutter said. “Having been with the Farm Credit System for nearly 20 years, I’m accustomed to the cyclical nature of the business, and feel confident about our strong position in the marketplace. It’s great to work for a lender that it committed to agriculture in good times and bad.”

Rutter joined Farm Credit in 1998 as a loan officer. His most recent position was vice president – special assets/agribusiness manager. He has been serving as the interim chief credit officer since October 2016, and transitioned fully to his new role on March 1.

“I’m excited to announce Bill as our new chief credit officer,” said Tom Truitt, CEO of MidAtlantic Farm Credit. “While serving in the interim position for the past few months, he brought a new perspective to the role, which is greatly appreciated. I’m looking forward to working with him to find ways to better serve our customers.”

MidAtlantic Farm Credit is an agricultural lending cooperative owned by its member borrowers. It provides farm loans for land, equipment, livestock and production; crop insurance and rural home mortgages.