Priest Family

Slade Priest, also known as the “Hunting Land Man,” is a hunting land specialist and licensed real estate agent. He’s the host of several hunting television shows and podcasts. Slade was born and raised in Centreville, Mississippi where he continues to live today along with his family—wife Lori, son Bentley, daughter Asa, and a baby boy due in May. “If I could live anywhere in the country, I’d pick right here,” said Slade.  

When he’s not selling hunting land, Slade is deer hunting, turkey hunting or spending time with family. He grew up in a family who hunted, so hunting and family go hand in hand. It’s just part of who they are. “I wouldn’t be the person I am today if I didn’t spend every waking hour in the woods growing up,” explained Slade.     

Slade believes buying land is a good investment, but there’s just something special about recreational land. 

“Recreational land is emotional,” he said. If your son or daughter kills their first deer or turkey on that land, then those are the memories that we will hold on to and that is what makes recreational land so special.” To Slade, there’s much more to it than just a rate of return on his investment. There’s a level of fun and excitement that you can’t find just anywhere.   

“Southern AgCredit understands land and land financing. They make the process easy, fun, and they just get it.”
— Slade Priest

“My whole life I’ve wanted to have my own tract of land with my house on it, which would also be a place where my family could go hunting or ride four-wheelers or things like that,” said Slade. “The week we moved in, I saw a doe and an eight-point buck walk through my front yard. I knew at that point, I’d made it. This was exactly what I had been looking for.”     

Slade attributes his strong work ethic to his parents. He’s never been one to shy away from working hard to get what he wanted. Slade doesn’t believe in idle time—there’s always something for him to do, whether it be filling up a feeder, making a food plot, working on hunting land maps or trying to figure out how to buy or lease more land. Now he and Lori feel that they are called to teach their children how to work hard on their land, and hopefully they will carry on the tradition. “It’s building a legacy,” said Slade. 

Slade comes from a long line of Southern AgCredit borrowers. He grew up hearing his grandparents and parents talk about owning land and knew when it became his turn, he would also contact Southern AgCredit for his own financing needs.

“Southern AgCredit understands land and land financing. They make the process easy, fun, and they just get it,” said Slade. 

Southern AgCredit is proud to help members just like the Priest family own land in the country. Learn more about recreational land loans, or contact Southern AgCredit to get started.

Shoemake Family

The Shoemake’s Journey to Life in the Country

The Shoemakes were tired of the big-city life and dreamed of living in the country. They decided to make their dream a reality and built a log home in the small community of Vancleave, Mississippi. 

Both Harry and Clarice were born and raised in the country but migrated to the city of Laurel. Then they moved to Biloxi area because of their business. Harry and his son, Sean, own Employee Benefit Specialists, PA. The company specializes in the design, communication and enrollment of voluntary benefits and group insurance. They started the company in 1967 and expanded in 2010 to include US Select Insurance, LLA, which writes P&C and Commercial Insurance. It’s still operating today. 

Finding the Right Tract

They began looking at land in rural areas that would be large enough for their whole family. The couple has four grandchildren, so it was very important to have lots of space. They found the perfect tract of land to build their log cabin on. Sean and his family built their home next door. Having their family as next-door neighbors is a blessing that they are thankful for. Their oldest son, Lee, and his family live in Atlanta, but Harry and Clarice are hopeful that they will relocate to Vancleave at retirement. 

The Shoemakes are excited about having the whole gang over to their new country home where they can ride four-wheelers, watch football, and enjoy being together as a family. On the farm, there’s always something to do. 

“The more things change, the more they stay the same,” commented Harry. “Life makes a circle. I started out on the farm, then moved to the city but as I got older, I wanted to get away from the city and back to the farm. We wanted to get back to nature, a simpler time and a slower pace.” The Shoemakes found that slower paced life in Vancleave. 

Financing Rural Country Homes with Southern AgCredit

Several years ago, a banker friend told Harry about Southern AgCredit as he wasn’t familiar with Farm Credit, where farm and agricultural lending are the primary focus. When they decided to buy their tract of land, Harry and Sean knew just the right place to call for financing. They met Alex Riser, Southern AgCredit’s Gulfport branch manager who gave them the best deal on land financing. 

“The Shoemakes are great folks,” Alex said. “I loved being able to work with them and help them with the financing of their beautiful country home.”

The Shoemakes have been Southern AgCredit members since 2017.

“Southern AgCredit was a perfect fit for us,” agreed Harry and Clarice. 

Finance Your Country Home with a Loan from Southern AgCredit

Southern AgCredit is proud to help families live their dream of owning a home outside the city limits. Read more about our loans for country homes and homesites or get in touch with us today.

Oliver Farms

Walter Oliver was born and raised in Carroll County, Mississippi on a farm that he now owns and operates. He and his family run Oliver Farms—a 3,000-plus acre farm where they grow cotton, corn and peanuts. 

“My daddy taught me everything I know about farming. He retired in 2008, and I picked up from there.  2009 was a hard year without having him on the farm, but I managed to get by,” Walt said.

Southern AgCredit’s Relationship With Oliver Farms

Walt’s father began a relationship with Land Bank South (now Southern AgCredit) in 1976. Now, fast forward some 45 years later, and the relationship between the Oliver family and Southern AgCredit is still going strong. “They’re just good people, hard workers, and great farmers,” said Elliott Fancher, Southern AgCredit’s Greenwood branch manager and loan officer for Oliver Farms. “Not only are they our borrowers, but they’re also our friends. Our kids go to the same school. We talk about business, but we also talk football and hunting.”

Why Experienced Farming Lenders Matter

Walt acknowledges that although his father started the financial relationship with Southern AgCredit, he knew that he wouldn’t change it. “They understand farming and the demands that it has, the unpredictable weather and the volatile commodity prices. They know that every year won’t be a record year, and they can help us plan for that,” said Walt. 

Walt values the agricultural knowledge of Elliott and others at Southern AgCredit, where most of the staff grew up on farms and are even farming part-time today. “It’s important to us,” Walt explained.  “It makes the conversations easy because they truly get it.” 

Fulfill Your Rural Living Dreams

Southern AgCredit is proud to help fulfill the dreams of owning land, farming, or just living in the country.

 

Rural Lending Co-op Hires New Employee in Shreveport

RIDGELAND, Miss. – Southern AgCredit, a rural lending cooperative, recently hired Ashley Bodie as a loan administrator in its Shreveport, LA branch.    

Bodie started her career in banking at Ouachita Independent Bank in 2011.  She stayed with the company when it merged with BancorpSouth in 2018 and worked as a personal banker prior to joining Southern AgCredit.  She is married to Keith Bodie of Haughton, LA, and they have two children.   

Southern AgCredit is a full-service cooperative lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a part of the Farm Credit System, the nation’s single largest source of loans for agriculture, agribusiness, rural real estate and country homes. For more information, visit www.southernagcredit.com.

Ashley Bodie

Southern AgCredit Returns Record Patronage Dividends to Customers

From left are Southern AgCredit directors Larry Killebrew, Gene Boykin, Kevin Rhodes (board chairman) and Steve Dockens; CEO Phillip Morgan; and directors T.C. Hall, Linda Staniszewski, Reggie Allen and Scott Bell (board vice chairman).

The board of directors of Southern AgCredit, a rural lending cooperative, recently declared a $21.1 million patronage on its 2020 earnings. It returned a record $10.4 million in patronage dividends to its member-borrowers in mid-February. The co-op allocated the remaining $10.7 million in equities.    

The member-owned cooperative returns surplus earnings to borrowers after it has met its needs for a strong capital base. The patronage dividend returned to customers effectively reduced the interest rate paid by each borrower by one percentage point on average.

“Patronage is a unique benefit of doing business with a cooperative,” said Kevin Rhodes, Southern AgCredit’s board chairman. “When our co-op is successful, our member-borrowers benefit. Given the challenges many faced in 2020, we’re pleased to distribute a record cash patronage.”

Since 1995, Southern AgCredit has declared more than $200 million in patronage dividends to its member-borrowers.

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the nationwide Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate and country homes.

Southern AgCredit Promotes Associate in Hattiesburg Branch Office

RIDGELAND, Miss. – Southern AgCredit recently promoted Michelle Breazeale to loan officer. She works in the lending cooperative’s branch office in Hattiesburg, Mississippi.    

Breazeale holds a bachelor’s degree in business administration from William Carey University.  She joined Southern AgCredit in January 2013 as an office administrator. Breazeale resides in Sumrall with her husband, Matthew and their 5 children.

“We are excited to have Michelle’s expertise and commitment to excellence as a loan officer,” said Phillip Morgan, Southern AgCredit chief executive officer. “Her experience in the loan process and working with borrowers will be of great value in her new role.”

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate and country homes. For more information, visit www.southernagcredit.com.

Michelle Breazeale

Southern AgCredit Offices

MISSISSIPPI

LOUISIANA

Southern AgCredit Promotes Four Rural Lending Co-op Associates

RIDGELAND, Miss. – Southern AgCredit recently promoted four employees.

Hunter Barlow was promoted to agribusiness portfolio manager in the Ridgeland administrative office. Barlow holds a bachelor’s degree in accounting and a Master of Business Administration degree from Mississippi State University. He is also a certified public accountant. Barlow joined Southern AgCredit in 2014 as a senior credit analyst. 

Amanda Hudson was promoted to chief information officer in the Ridgeland administrative office. Hudson has led Southern AgCredit’s loan operations department since 2017. In 2020, she and her team implemented new loan origination software, automating processes and improving the loan experience for customers and employees. Hudson holds a bachelor’s degree in food science and technology and a master’s in agribusiness management from Mississippi State University. She was also in the inaugural class of the Thad Cochran Agricultural Leadership Program, and is treasurer of the Pearl River-Stone County Forestry Association. Hudson joined Southern AgCredit in 2006 as a loan officer. 

Alex Riser was promoted to vice president and branch manager of the Gulfport branch office. He has a bachelor’s degree in business administration and a Master of Business Administration degree from Belhaven University. He was also on the baseball team at Belhaven University and Pearl River Community College. Riser joined Southern AgCredit in 2015 as a loan officer. 

Shera Sivley was promoted to business analyst in the Ridgeland administrative office. She holds a bachelor’s degree in accounting from Delta State University and a Master of Business Administration degree from the University of Phoenix. Prior to joining Southern AgCredit in 2008 as a credit analyst, Sivley worked at Regions Bank for 15 years. 

“Southern AgCredit is growing quickly, thanks in part to dedicated employees like these,” said CEO Phillip Morgan. “It’s a pleasure to recognize their contributions and provide them with more opportunity.”

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the nationwide Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate and country homes. For more information, visit www.southernagcredit.com.

Hunter Barlow
Amanda Hudson
Shera Sivley
Alex Riser

COVID-19 Update 1.14.21

Dear customer-owners,

Southern AgCredit is pleased to offer an extension of our borrower assistance program for COVID-19 relief options. These relief options will be available until June 30, 2021 or 60 days after termination of the COVID-19 national emergency, whichever is the later. We have the following options available to our borrowers who have been negatively impacted by the pandemic:

  • Payment deferrals
  • Short-term lines of credit
  • Loan restructures
  • Waived fees for late payments
  • Extending the terms of loan repayments
  • Easing loan documentation or credit-extension terms for new loans

Contact your loan officer to request relief

If your operations have been negatively impacted by COVID-19 and you want to request relief, we encourage you to reach out to your loan officer.  Please keep in mind that all terms of your loan agreement remain unchanged until a formal request is received, required information is provided, an option is approved and processed to completion.

As a reminder, you can access your accounts and services online by using Ag Banking Online.  To enroll, visit southernagcredit.com/enroll.

Download Southern AgCredit’s Ag Banking Mobile App

You can download our Mobile Banking App on Google Play or the App Store below.  We know how critical these online tools are as we help our customers maintain their businesses. 

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If you need assistance with these tools, have questions, or would like support from our team, please contact us by calling your local branch or by calling our customer service line at 800-499-5742.

We continue to keep our doors closed to the public in an effort to keep our customers as well as our staff as safe and healthy as possible. Our loan officers are available by appointment. Thank you for your business, your commitment to agriculture and your trust in Southern AgCredit.

Phillip D. Morgan
CEO Southern AgCredit

Southern AgCredit Announces New Staff in Mississippi and Louisiana

RIDGELAND, Miss. – Southern AgCredit recently hired four new staff members. The rural lending cooperative specializes in financing land and agricultural operations in Mississippi and Louisiana.

Kelly Coleman

Kelly Coleman joined Southern AgCredit as a relationship manager in its branch office in Ruston, Louisiana. He has over 35 years of lending experience, most recently as a senior vice president and loan officer for a commercial bank in West Monroe. Coleman holds a bachelor’s degree in agricultural education from Louisiana Tech University. He resides in Ruston with his wife, Tralynn. They have six adult children and five grandchildren. He is also the senior pastor at Culbertson Baptist Church in nearby Farmerville. 

Carrie Fielder

Carrie Fielder was hired as a paralegal in Southern AgCredit’s administrative office in Ridgeland, Mississippi. She has 16 years of experience as a paralegal and legal assistant. She also worked closely with the lending co-op for the past three years while she was a paralegal with the law firm Hubbard, Mitchell, Williams & Strain. Fielder holds an associate degree from Jones County Junior College. She lives in Brandon, Mississippi, with her husband and three children.

“Our newest employees bring a wealth of experience to Southern AgCredit. The stronger our team, the better we can meet the needs of agriculture and rural communities in our territory.”

Phillip Morgan, CEO, Southern AgCredit

Brooks Hall

Brooks Hall joined Southern AgCredit as a loan officer in its branch office in Brookhaven, Mississippi. He started his career as an examiner in the Mississippi Department of Banking and Consumer Finance, a position he held for three years. For the past 8½ years, he was a lender at Bank of Brookhaven. Hall attended Copiah-Lincoln Community College and earned a bachelor’s degree in business administration from Mississippi State University. He and his wife, Summer, live in Brookhaven. 

Jeff Williams

Jeff Williams was hired as vice president and general counsel in the Ridgeland, Mississippi, administrative office. Prior to joining Southern AgCredit, he was a partner at a local law firm, Hubbard, Mitchell, Williams & Strain, which he helped start. Williams also is a lieutenant colonel in the Mississippi Air National Guard and a veteran of the U.S. Air Force and Air Force Reserves. He received his Juris Doctor, cum laude, from the University of Mississippi and his bachelor’s degree from the U.S. Air Force Academy. A Jackson native, he resides in Pearl, Mississippi, with his wife, Regina, and two sons Ethan and Collin.


About Southern AgCredit

Southern AgCredit is headquartered in Ridgeland, Mississippi, and has nine branch offices in Mississippi and Louisiana. It is a member of the Farm Credit System, a nationwide network of lending cooperatives that finance agriculture, agribusiness, rural real estate, and country homes.

Southern AgCredit Promotes Associate in Ridgeland Administrative Office

RIDGELAND, Miss. – Southern AgCredit recently promoted Paul Landry to director of portfolio risk and compliance. He works in the administrative office in Ridgeland, Mississippi.   

A native of West Monroe, Louisiana, Landry has worked for Southern AgCredit since 2011.

“Paul has been an asset to our team for nearly a decade,” said Phillip Morgan, Southern AgCredit’s chief executive officer. “It’s always great when we are able to promote from within the organization. I’m excited to continue working alongside Paul in his new role.”

Landry holds a bachelor’s degree in accounting from Mississippi College. Before joining the rural lending cooperative, Landry was a senior auditor at a local accounting firm.

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate and country homes. For more information, visit www.southernagcredit.com.

Paul Landry

Advanced Timber Services, Inc.

Advanced Timber Services, Inc., (ATS) is a timber-buying and-selling company as well as a timber management company started by Jim Long in 1996. ATS is operated by Jim, his wife, Susan, and two adult sons, Jeremy and Jamie.

Jim started in the forest industry when he was 19 years old, working his way through college as a forestry technician for Crown Zellerbach, a national company that has since sold. Next, Jim took a job as a procurement forester for a timber company in Arkansas, a position he held for seven years. He then made the move to another timber company, where he worked another seven years.

When Jim was 40 years old, he decided to go out on his own and start his own timber company, ATS. An outgoing entrepreneur, Jim grew the operation into a thriving business and has never looked back. He’s now semi-retired and depends on his sons to handle the day-to-day operations in the field.

Susan began her career as a human resources professional and worked until her sons were in elementary school. The Longs decided that Susan would stay home with the two boys and assist Jim with ATS. Susan obtained her real estate license and began helping with the office duties of ATS, a role she still fills today. In total, the company has 19 employees, including loggers, drivers, foresters and an operations manager. Until 2018, the Longs would subcontract out their logging services. Now they own all their own logging equipment and run two logging crews, with the goal of adding another logging crew soon.

“In order to scale the company, if we must spend money, we have to spend it to make more money. In our case, that was spending money on our own logging equipment,” said Jeremy, the Long’s oldest son, who is a degreed forester.

Safety and technology go hand in hand for ATS, and purchasing their own logging equipment and trucks has paid dividends. All trucks have built-in GPS tracking and diagnostic information. The user can see idle time, fuel consumption, total miles driven, total number of stops, and have the capability to set the maximum speed of the trucks. Such technology helps increase safety, which in turn helps maximize profits.

“We have to be as safe as possible,” commented Jim. “In this industry, your reputation is all you have.”

Jeremy and Jamie have been in the woods with their father since they were in their early teens, whether tagging along while he was working or camping together as a family. It was during these times that they learned to love and respect nature. The Long sons grew up listening to their father talk on the phone to landowners and foresters. The boys quickly picked up on the lingo and learned the fundamentals of what it took to do field work without the use of modern technology. These days, they’re able to integrate the knowledge gleaned from their father with today’s technology, giving them a well-rounded perspective on how to meet and exceed the company’s goals.

After high school, Jeremy and Jamie pursued degrees in forestry and business, respectively. Upon graduating, the boys decided to come back to Shreveport and work in the family business, which thrilled Jim and Susan.
“I wanted to come back and help my parents retire and have the life that they want, because they provided for me and my brother and helped us have the life that we wanted,” said Jamie. “I wanted to return the favor and help the family do well and succeed.”

Susan, a 12-year cancer survivor, had an illness that at one point took her and Jim away from their day-to-day jobs with ATS. Jamie was in college during this time, which left Jeremy to fill in and run the company, giving him a jumpstart on his career. It was also during this time that Jamie realized just how much he wanted to come back and be part of the company his family built.

At ATS, they’ve made a commitment to surround themselves with hardworking, like-minded people, which they believe is the key to success. They are thankful that they have a wonderful group of employees to work with each day, and know that ATS is only as strong as its team.

“I feel like God prepared me for my position by working previous jobs as a receptionist, all the way from accounts payable to human resources management. I am still using all those skills for the job I have now. I can see my path very clearly was built up to help support my husband and family in this business,” said Susan. “Jim has a God-given ability to work with trees and he’s never strayed from his career choice. Even in times of very volatile markets, he never gave up.”

“When things got hard and times were tough, I never gave up. I learned from my mistakes and turned them into something positive and kept going,” Jim said. “In this industry, you must be dedicated and be willing to do whatever it takes.”

ATS chose Southern AgCredit as their lender for a variety of reasons.

“We liked the rates and terms, and we also quickly found Southern AgCredit could handle any of our financing needs,” explained Susan. “We also liked that Justin (Southern AgCredit’s Shreveport branch manager) helped us in planning our financing strategies for future needs of the business.”

The Longs have been Southern AgCredit members since July 2016.

Finance Your Timber Business with a Loan from Southern AgCredit

Southern AgCredit is proud to help timberland entrepreneurs like the Long family with financing for their operations. Learn more about our loans for timber, lumber, and forestry-based businesses or get in touch with us today.

Alexander Blueberry Farms

Steve and Amanda Alexander
DeBerry, Texas / Frierson, Louisiana

Alexander Blueberry Farms encompasses farm land in Louisiana and Texas, where the Alexanders grow blueberries. Steve and Amanda Alexander own and operate the farm alongside their children, Caroline, Timothy, and Elizabeth. They also have a grown daughter, Kayla, who lives in Lubbock, Texas, with her 5-year-old daughter, baby and husband. Their blueberries are sold to grocery stores across the region.

Steve grew up on a dairy farm where he worked with his father and brother. After deciding in his mid-20s that he wanted to start his own farm, he purchased and raised heifers while still on his dad’s property. In 1991 he decided to go out on his own and leased a dairy farm in Louisiana where he started milking his own herd. After overcoming many obstacles with grit and determination, his dairy operation grew and thrived.

Blueberry Diversification

In 1995 Steve and Amanda purchased acreage in Louisiana and planted blueberries to diversify their income stream while continuing to operate the dairy farm. In 2004, a dairy farm came up for sale in East Texas, and the Alexander family purchased the property with plans to continue the dairy operation. Three years later, they decided to plant blueberries on the new farm in Texas, along with the farm in Louisiana, and built a packing facility on the Texas property. Up until this time, they had all their blueberries packed at an outside facility. The Alexanders packed their first blueberry crop on-site in their own packing facility in 2008. Tough times struck the dairy industry the following year, causing Steve to shutdown the dairy operation and focus entirely on berries.

“What many people do not realize is that it takes between six to seven years to get a good blueberry crop, and that’s a long time to wait, but we did it and are glad we did,” commented Amanda.

Amanda grew up in Kentucky until the eight grade, when her family moved to New Iberia, Louisiana. She worked as a schoolteacher until she and Steve married and had their first child, after which they decided she would stay at home with the baby and help Steve with the farm, which she still does today.

Machinery Investments

“We all help out with the blueberries,” said Amanda. “Our kids grew up helping on the farm and still do. It’s a family business.” In addition to the on-site packing facility, Steve and Amanda have made other improvements to their blueberry operation.

“You have to make changes and adapt to the demands of the market,” explained Amanda.

Take, for instance, the color and soft berry sorters that improve their operation. In total, they use three different sorting machines to enhance the quality of their crop. The machine used for color sorters has two cameras that detect the color of the fruit and software that allows the user to determine the colors of the berries that should be discarded.

The soft sorter machine detects how firm or soft every berry is. The user sets the sensitivity of the sensors to control the firmness of the fruit that is to be rejected. Those berries are then rerouted onto a discharge conveyor belt.

The third machine is a combination sorter of both color and over-ripe berries. This machine has two sets of optical cameras. There are two cameras for each sorting channel on the sorting conveyor belt. Upper and lower cameras allow for more surface area of every single berry to be inspected as they fall on the sorting conveyor belt. At the beginning of the season, the machine can be set to discard red and green berries. At the end of the season, or whenever needed, the machine can be set to discard overripe berries. Overripe berries are detected with infrared light wavelength built into the cameras. Each sorting channel is aligned with a corresponding reject air jet. Upon receiving a signal from the electronic/optics subsystem, the air valve opens and high-pressure air is released. The high-pressure air from the air jets deflect defective fruit onto another conveyor belt.

With all three machines combined, each berry is viewed three times for softness and three times for color in one pass. Such technology significantly increases the pack-out quality of the blueberries, maximizes efficiency, and improves their bottom line.

“A business in agriculture has many challenges such as adverse weather, labor shortages, markets and finances, just to name a few,” explained Steve. “You have to be a fighter to overcome the challenges of farming.”

Not only did the farm overcome—it thrived. In fact, this year the Alexanders are planning to plant more blueberry acreage than ever before.

“We want to run the farm to the best of our ability and one day be able to retire,” said Amanda.

Relationship with Southern AgCredit for Farm Financing

Steve came to Southern AgCredit many years ago when he was in the dairy business, and continued to keep his business with Southern AgCredit even when he diversified to blueberries. His father was also with Southern AgCredit while he was in the dairy industry.

“I use Southern AgCredit because they are honest and flexible. Farmers face challenges that other businesses do not, which sometimes requires unique financing strategies,” Steve explained. “Southern AgCredit works with you and gives you a chance to recover from the challenges that farmers are faced with.”

“It’s never crossed our mind to do business anywhere else because Southern AgCredit knows our business and understands our needs,” Amanda added.

The Alexanders have been Southern AgCredit stockholders since 1991.

Finance Your Row Crow Farm with a Loan from Southern AgCredit

Southern AgCredit provides loans for any crop operating expenses such as land, prep, planting, harvesting, and more. Learn more about our Row Crop Loans or contact us to learn more.

Arrowhead Lodge

Chris, Christine, Jacob and Charlie Payton

Arrowhead Lodge consists of 343 acres of high-fence property as well as a 6,000-square-foot lodge and bunkhouse in rural Mississippi. Chris and Christine Payton bought the property in September 2018 because they wanted to have a place where their family could enjoy wide-open spaces and be fully immersed in the outdoors. The Paytons also wanted their kids to experience a way of life where things are not as fast-paced as they are in their hometown of Lafayette, Louisiana.

Chris, an entrepreneur at heart, is the founding partner of Assurance Financial, a successful mortgage company headquartered in Baton Rouge, Louisiana, with over200 employees. Originally from Jacksonville, Alabama, Chris grew up on a 120-acre family farm where his grandparents raised beef cattle, pigs, chickens, goats and horses.

“I grew up working alongside my family taking care of the farm’s daily needs,” said Chris. “My parents were hard workers and instilled that in me. I learned the value of hard work early, and that’s stuck with me.”

Chris’s mother was the more business-oriented of his two parents and was the executive director of the Girl Scouts in northern Alabama. Chris’s wife, Christine, is a non-practicing CPA and stays home with the couple’s two boys, Charlie, 15, and Jacob, 12. Christine grew up in the New Iberia, Louisiana, area.

The land surrounding the lodge has all sorts of wildlife, including white-tailed deer, wild turkey, bass, wood ducks and a family of fox squirrels that the Paytons have grown to love.

“While I wasn’t in the market to buy a high-fence property, I appreciate the additional control that you have,” said Chris. “It keeps the wild pigs and coyotes out as well as provides an added layer of security.”

Chris, an avid outdoorsman, commented that “this property checked all the boxes for us. It’s not too faraway, a little less than a three-hour drive from our home, and gives our family the opportunity to hunt and fish in a beautiful rural setting. This is the place that we’ve dreamed of owning.”

In an effort to improve the buck-to-doe ratio, the Paytons work with a wildlife biologist to manage the deer herd on their property.

“Currently, we have about two does to one buck, and we would like to get a one-doe-to-one-buck ratio. The plan is to have balance along with trophy bucks,” said Chris.

He is most excited about bow hunting, although he has not had much time to do it, and said that rifle hunting has been fun for his boys and their cousins and friends. They are also working with a lake biologist to manage the fish to maximize their health to attain more trophy bass.

Christine says her favorite aspect of the property is the time they get to spend together as a family.

We’re able to bring the entire family here without the distractions of the busy life that we have in Lafayette,” Christine said. “Life just moves a little slower at the lodge.”

The Payton family would be remiss if they did not mention their gratitude for the caretaker of the property, Keith Ladner, a local man who lives just a few miles from the lodge and allows them to enjoy the property to its fullest potential. They all agree that without Keith, Arrowhead Lodge could not operate.

Technology also plays a factor at Arrowhead Lodge. Their oldest son, Charlie, received a drone for his birthday. One of his favorite activities is flying the drone around the land to survey the property and check on the animals, lake and fencing. They also have game cameras set up to survey their deer population, which they’re able to do remotely from their iPhones.

As a young boy, Chris would search the family farm for Indian arrowheads. Then, as fate would have it, the Payton’s property in Poplarville turned out to be full of them — hence the name of the place — and the young Payton boys love searching for them just like Chris did in his youth.

My grandfather always told me, ‘Son, if you ever find land with arrowheads on it, buy it,’” said Chris. And that’s exactly what the Payton family did.

The Paytons have lots of contacts in the financial world because of Chris’s mortgage business. However, since Arrowhead Lodge included a lot of acreage, it didn’t fit the traditional mortgage guidelines his company operates under. They narrowed their search down to three lenders, and weighed the pros and cons.

“We wanted to find a lender that was motivated to do the best for us,” said Chris. “Not only did we find that in Alex Riser (Southern AgCredit’s Gulfport branch manager), but we also found that he was an avid outdoorsman and knew exactly what we were talking about in terms of recreational property.”

The Paytons also liked the fact Alex was able to provide them with the best interest rate and terms for their deal.

“We’ve always felt that Southern AgCredit was looking out for our best interest, and we are glad we chose them as our lender and partner,” said Chris.

The Paytons have been Southern AgCredit stockholders since September 2018.

COVID-19 and Hurricane Relief Assistance Update 10.28.20

Dear Customer-owners,

Southern AgCredit continues to monitor the COVID-19 pandemic as well as the damage caused from several hurricanes that have swept through Mississippi and Louisiana. We continue to provide relief for our customer-owners who were negatively impacted by the pandemic or the storms. We have the following relief options available:

  • Payment deferrals
  • Short-term lines of credit
  • Loan restructures
  • Waived fees for late payments
  • Extending the terms of loan repayments
  • Easing loan documentation or credit-extension terms for new loans

Contact Your Loan Officer to Request Relief

If your operations have been negatively impacted by COVID-19 or recent hurricanes and you want to request relief, we encourage you to reach out to your loan officer. Please keep in mind that all terms of your loan agreement remain unchanged until a formal request is received, required information is provided, an option is approved and processed to completion.

As a reminder, you can access your accounts and services online by using Ag Banking Online. To enroll, visit southernagcredit.com/enroll.

Download Southern AgCredit’s Ag Banking Mobile App

You can download our Mobile Banking App on Google Play or the App Store below. We know how critical these online tools are as we help our customers maintain their businesses. 

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If you need assistance with these tools, have questions, or would like support from our team, please contact us by calling your local branch or by calling our customer service line at 800-499-5742.

Although our branches are fully staffed, we continue to remain closed to the public. Thank you for your business, your commitment to agriculture and your trust in Southern AgCredit.

Phillip D. Morgan
Chief Executive Officer

Southern AgCredit Gives Back to Hurricane Sally Victims

Pictured above are Feeding the Gulf Coast’s volunteers and staff assisting in food distribution for Hurricane Sally victims.

Southern AgCredit recently donated $3,000 to Feeding the Gulf Coast to assist in providing food for Hurricane Sally victims. Feeding the Gulf Coast is a Feeding America affiliated food bank serving 24-counties throughout south Alabama, south Mississippi, and the Florida Panhandle.

“The need was already overwhelming responding to COVID-19 relief, and now the aftermath of Sally is sending us a whole new population of people in our community who need help.”

Cindy Bloom, Director of Operations, Feeding the Gulf Coast

“We are grateful for the generosity from Southern AgCredit in support of our disaster relief efforts. This $3,000 donation will help provide essential food, water, and emergency resources for individuals and families as they recover and rebuild,” said Cyndy Baggett Vice President of Development and Marketing.

Southern AgCredit Participates in Farm Credit’s HBCU Career and Internship Fair

Farm Credit is a mission-driven system of cooperative lending institutions. Supporting people of color in agriculture and rural communities is an integral part of our mission.

The Importance of Diversity in Agriculture

We believe in the future of American agriculture. A diverse set of voices is a critical part of that future. There are a unique set of careers available in the Farm Credit system. Therefore, we are consistently looking for opportunities to recruit talented, young professionals of all identities, to join us in accomplishing our mission.

Virtual HBCU Career Fair on October 29, 2020

On Thursday, October 29, 2020, at 2:00 p.m. – 4:00 p.m. ET, Farm Credit will host its first Historically Black Colleges and Universities (HBCUs) Career and Internship Fair. HBCUs are home to a vast talent pool, and Farm Credit hopes to attract HBCU students to explore employment and internship opportunities at our institutions.

Stipends for New Graduates

Farm Credit will award any HBCU student or recent graduate hired to intern at Farm Credit a $3,500 Launching Leaders Stipend in addition to their wage.

Please note this is a virtual event. Southern AgCredit will have a booth at this event, and we look forward to speaking to all participants.

An Investment in Quality Cattle

Homewood Cattle Company was founded by two brothers, Sean and Ian Ferrell, originally from Union, Mississippi. Sean is the Scott County Manager for Farm Bureau and married to his wife, Heather, who handles the books for Homewood Cattle Company. Ian is a directional driller for Halliburton and is engaged to Jessica Holmes. The brothers are first-generation cattle farmers.

In 2011, Sean moved to Scott County to begin work with Farm Bureau. Sean and Ian purchased three Charolais heifers from Mr. Larry Addkison of Louisville, Mississippi. Sean knew there were not many other local breeders of this type of cattle in Scott County, so he quickly saw this as a great business opportunity, thus the beginning of Homewood Cattle Company.

“Mr. Larry made a huge impact on our lives, and he is our biggest mentor in the cattle business. We wouldn’t be where we are today without him,” said Sean. Since 2011, they have grown their herd size from three head to the current herd size of 60 brood cows.

Technological Innovation and Livestock

“We got into farming to get away from the fast-paced life,” said Sean. However, the deeper they got into farming and researching ways to directly impact their bottom line, the more they realized just how important technology is to profit margins.

“If you’re not using the latest and greatest technologies available,” Sean added, “you are going to leave profits on the table.”

Homewood Cattle Company uses various types of technologies to collect, manage and chart data on the herd. Data collected allows them to highlight projections on quality genetics and prove quality breeds. They also use herd management software to track measurements on each cow, which they can access from the touch of their iPhone.

“I can be sitting anywhere in the world and pull up a specific cow in our herd, and I can tell a potential buyer not only what the cow weighed at birth but also the characteristics about the cow’s parents’ EPDs (expected progeny differences) and even show them every time I gave that cow any type of medical treatments such as shots and vaccinations,” explained Sean.

The company has plans to add other types of technology to enhance their business operations which, they believe, will continue to set them apart from competition.

“If we are going to charge a premium price, we know we better have the data to back it up and justify the cost,” commented Ian.

The goal of Homewood Cattle Company is to sell quality purebred bulls to improve someone else’s herd. To accomplish this, data collection and information integrity are vital. According to Sean, their focus has always been on quality over quantity.

“We want to have a good product. When people see the Homewood Cattle Company, they will know they can trust it.”

The Ferrell brothers also attribute some of their successes to the persistence of maintaining personal contacts within the industry, such as sponsoring Cattlemen’s Association dinners and other events, as well as educating potential buyers on the advantages of using a Charolais herd sire. They are proud of the fact that up to 90% of their buyers are from word-of-mouth referrals, personal contacts and existing relationships from other cattlemen. According to Sean, “the most rewarding part of what we do is to see repeat customers who feel like Homewood Cattle Company has made a difference in their family’s bottom line.”

Their parents, Stephania and Neel Ferrell, managed Ferrell and Company, a local co-op in Union, from 1976 and worked there until their retirement in 2015. Watching their parents work tirelessly at the co-op inspired the brothers to dream of one day starting their own business. Now that the day is here, Sean and Ian hope Homewood Cattle Company continues growing into a thriving cattle business so that they can eventually pass the farm down to their children.

Southern AgCredit is the Easy Choice for Livestock Business Loans

Selecting a lender was an easy choice for the Ferrells. They chose Southern AgCredit because they believe it has the same goals as Homewood Cattle Company, which is supporting local communities in rural Mississippi.

“Southern AgCredit has great loan products to help us meet our needs, and those products were introduced to us by a great friend,” said Sean, referring to their Southern AgCredit loan officer, Kevin Brown, who grew up in the same community as Sean and Ian.

“Kevin is a local guy and he knows rural Mississippi. We found it was easy to work with him because he understands us and our business,” added Sean.

The Ferrell brothers both agree they view Southern AgCredit as a partner and are excited to see this partnership grow.

Homewood Cattle Company has been a Southern AgCredit member since August 2019.

Livestock Loans with Southern AgCredit

To learn more about our lending products, visit our livestock loans or contact Southern AgCredit directly.

Southern AgCredit Promotes Associate in Gulfport Branch Office

RIDGELAND, Miss. – Southern AgCredit recently promoted Beth Sones to senior loan administrator. She works in the lending cooperative’s branch office in Gulfport, Mississippi.    

Sones holds a bachelor’s degree in business administration from the University of Southern Mississippi. She joined Southern AgCredit in March 2017 as a loan administrator. The Picayune, Mississippi, native resides in Gulfport with her husband, Cory.

“Beth’s experience and professionalism make her a valuable member of our team,” said Phillip Morgan, Southern AgCredit chief executive officer. “As a loan administrator, she helps make the lending process smooth and efficient for our customers.”

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate and country homes. For more information, visit southernagcredit.com.

Beth Sones

Southern AgCredit Hires New Staff Members in Gulfport and Hattiesburg Branch Offices

RIDGELAND, Miss. – Southern AgCredit recently hired new staff members for two branch offices in South Mississippi.

Mallory Whitfield joined the rural lending cooperative as a loan administrator in its Gulfport branch office. Whitfield earned a bachelor’s degree in accounting from the University of Southern Mississippi. She was employed at PJ’s Coffee for seven years prior to joining Southern AgCredit. She is engaged to Evan Kellar, an independent insurance agent in Picayune, Mississippi.

Destin Dickinson was hired as a loan administrator in the Hattiesburg branch office. Dickinson has 12 years of banking experience, most recently as a commercial lending assistant. She resides in Petal, Mississippi, with her husband, Bo, and their three sons. 

We make the loan process as efficient and easy for customers as we can. As loan administrators, Mallory and Destin play a key role in their branch offices.

Phillip Morgan, Southern AgCredit Chief Executive Officer

Southern AgCredit is a full-service lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, a nationwide network of lending cooperatives that finance agriculture, agribusiness, rural real estate and country homes.

COVID-19, Hurricane Laura and Hurricane Sally Update 9.18.20

Dear Stockholders,

Southern AgCredit continues to monitor the COVID-19 pandemic as well as the aftermath of Hurricane Laura and Hurricane Sally. We also continue to provide relief for our customer-owners who were negatively impacted by the pandemic or the storms. We have the following relief options available:

  • Payment deferrals
  • Short-term lines of credit
  • Loan restructures
  • Waived fees for late payments
  • Extending the terms of loan repayments
  • Easing loan documentation or credit-extension terms for new loans

Contact Your Loan Officer to Request Relief

If your operations have been negatively impacted by COVID-19, Hurricane Laura or Hurricane Sally and you want to request relief, we encourage you to reach out to your loan officer.  Please keep in mind that all terms of your loan agreement remain unchanged until a formal request is received, required information is provided, an option is approved and processed to completion.

As a reminder, you can access your accounts and services online by using Ag Banking Online.  To enroll, visit southernagcredit.com/enroll.

Download Southern AgCredit’s Ag Banking Mobile App

You can download our Mobile Banking App on Google Play or the App Store below.  We know how critical these online tools are as we help our customers maintain their businesses. 

If you need assistance with these tools, have questions, or would like support from our team, please contact us by calling your local branch or by calling our customer service line at 800-499-5742.

Although our branches are fully staffed, we continue to remain closed to the public. Thank you for your business and your continue trust in Southern AgCredit.

Phillip D. Morgan signature.

Phillip D. Morgan
Chief Executive Officer

Hurricane Sally 9.15.20

Dear Stockholders,

Southern AgCredit continues to monitor the path of Hurricane Sally. Our Gulfport, MS office will be closed September 15th and 16th however these staff members will be working remotely and can handle any requests that you may have.

Gulfport branch email: smsgulfport@southernagcredit.com

Regardless of the location, our team remains committed to supporting our customer-owners. 

As a reminder, you can access your accounts and services online by using Ag Banking Online. To enroll, visit southernagcredit.com/enroll

Download our Mobile Banking Apps. You can download our Mobile Banking App by on Google Play or the App Store below. We know how critical the online tools are as we help our customers maintain their businesses.

If you need assistance with these tools, have questions, or would like support from our team, please contact us by calling your local branch or by calling our customer service line at 800-499-5742.

We stand ready to provide relief options should your operations have a negative impact due to Hurricane Sally. We have the following relief options available:

  • Payment deferrals
  • Short-term lines of credit
  • Loan restructures
  • Waived fees for late payments
  • Extending the terms of loan repayments
  • Easing loan documentation or credit-extension terms for new loans

If your operations are negatively impacted by the storm and you want to request relief, we encourage you to reach out to your loan officer.  Please keep in mind that all terms of your loan agreement remain unchanged until a formal request is received, required information is provided, an option is approved and processed to completion.

We will continue to monitor this storm and will update our website with any changes. Our thoughts and prayers are with all the ones in the path of Hurricane Sally.

Phillip D. Morgan
Chief Executive Officer

Directors Allen, Boykin and Hall Reelected to Southern AgCredit Board

RIDGELAND, Miss. — Stockholders of Southern AgCredit recently reelected Reggie Allen of Brookhaven, Mississippi, Lonnie “Gene” Boykin of Rolling Fork, Mississippi, and Thomas C. “T.C.” Hall of Gloster, Louisiana, to the lending cooperative’s board of directors. Each will serve a three-year term.

As a cooperative, Southern AgCredit is owned by the same farmers, agribusiness and rural homeowners we serve. Our customer-owners directly participate in the governance of the association by electing directors to our board.

Phillip Morgan, CEO of Southern AgCredit

Allen, Boykin, and Hall also are customer-owners, and are elected to represent regions in the cooperative’s territory.

Allen, a timber and cattle farmer, was first elected to the board in 2013. 

Boykin, a timber, soybean and corn farmer, was first elected to the board in 2014.

Hall is a timber and cattle farmer. He is former board chairman of Louisiana AgCredit, which merged with Southern AgCredit in 2010.

The other members of the board are Scott Bell of Lena, Mississippi; John “Van” Bennett of Spearsville, Louisiana; Steve Dockens of Ocean Springs, Mississippi; Allen Eubanks of Lucedale, Mississippi; Larry W. Killebrew of Lexington, Mississippi; Kevin Rhodes of Pelahatchie, Mississippi; and Linda Staniszewski of Hattiesburg, Mississippi.

Five customer-owners served on the Southern AgCredit Nominating Committee, which selects candidates for the annual board elections. The 2020 committee included Tim Clements, Delta Region; Alan Ezelle, Central Region; Chris Stockman, Southern Region; James Marsalis (deceased), Louisiana Region; and J. Blake McCartney, Louisiana Region.

Southern AgCredit is a full-service cooperative lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, a nationwide network of lending cooperatives that finance agriculture, agribusiness, rural real estate and country homes. For more information, visit southernagcredit.com.

Rural Lending Co-Op Hires Two New Employees

RIDGELAND, Miss. – Southern AgCredit recently hired Lexi Wade Johnson in its Ruston, Louisiana, office and Adam Lowman in its Ridgeland, Mississippi, administrative office. 

Johnson, a loan administrator, is a Louisiana Tech University graduate. She worked as a mortgage loan assistant at Century Next Bank prior to joining Southern AgCredit. 

She resides in Ruston with her husband, Tristan, who is in the U.S. Marines. 

Lowman, an IT operations analyst, is a Virginia College graduate. He has over 19 years’ experience in IT-related roles, including stints at Baptist Health Systems and Conduent.

He resides in Brandon, Mississippi, with his wife, Lara, and their two sons. 

“Lexi and Adam are great additions to our team,” said Phillip Morgan, Southern AgCredit chief executive officer. “Their experience in lending and technology will help us bring more value to our customers.”

Southern AgCredit is a full-service lending cooperative that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the nationwide Farm Credit System, the single largest source of loans for agriculture, agribusiness, rural real estate and country homes.

2020 Annual Stockholders’ Meeting

You are cordially invited to attend the 2020 Annual Stockholders’ Meeting of Southern AgCredit which will be held:

Tuesday, July 28th, 2020
Embassy Suites
200 Township Place
Ridgeland, MS 39157
Registration: 1:30 p.m. – 2:00 p.m.
Business Meeting: 2:00 p.m. – 3:00 p.m.

Meeting Agenda

The business session agenda for the meeting will include the following:

  • Approval of the minutes of the 2019 Annual Stockholders’ Meeting
  • Board of Directors’ Report to Stockholders
  • Review of Corporate and Financial Operations
  • Report of the Nominating Committee
  • Open Forum for Other Business

RSVP

Please call us toll free at (800) 449-5742 by Friday, July 24, 2020 and let us know if you will be able to attend.

Face masks and social distancing are required during registration as well as the business meeting.

Southern AgCredit Promotes Associate

Pam Vitteck Promoted to Senior Loan Closer

RIDGELAND, Miss. – Southern AgCredit recently promoted Pam Vitteck to senior loan closer. 

Vitteck holds a bachelor’s degree from the University of Southern Mississippi and a Master of Business Management from the University of Maryland Global Campus. She is also a proud veteran of the U.S. Navy. Vitteck joined Southern AgCredit in 2013 as a loan administrator.

“Pam has done an excellent job serving local customers at our Gulfport office. In her new role, she’ll also assist customers all across our territory.”

Phillip Morgan, CEO, Southern AgCredit

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate, and country homes.

Southern AgCredit Promotes Three Associates Within the Co-op

RIDGELAND, Miss. – Southern AgCredit recently promoted three employees.

Amanda Hudson

Amanda Hudson was promoted to vice president of operations in the Ridgeland administrative office. Hudson holds a bachelor’s degree and a Master of Agribusiness Management from Mississippi State University. She is also a graduate of the inaugural class of the Thad Cochran Agricultural Leadership Program. Hudson joined Southern AgCredit in 2006 as a loan officer.

Phyllis Weathers

Phyllis Weathers was promoted to vice president of loan operations in the Ridgeland administrative office. She graduated from Delta State University with bachelor’s and master’s degrees in business administration. Prior to joining Southern AgCredit in 2008 as a loan administrator, Weathers worked in lending at Regions Bank for over 15 years.

Wesley Head

Wesley Head was promoted to vice president of technology in the Ridgeland administrative office. Head graduated magna cum laude from Mississippi State University. Prior to joining the lending co-op, he owned and operated his family’s technology company, Head Technology Group Inc. He joined Southern AgCredit in 2019 as an information technology specialist.

“We have a very talented team here at Southern AgCredit, and we are pleased to recognize these three individuals with promotions. These employees each exhibit an excellent worth ethic and dedication to our organization’s success, as well as the success of our customer-owners.”

Phillip Morgan, CEO of Southern AgCredit

Southern AgCredit is a full-service co-op lender that specializes in financing rural land and agricultural operations in Mississippi and Louisiana. It is a member of the nationwide Farm Credit System, the nation’s largest source of loans for agriculture, agribusiness, rural real estate, and country homes. For more information, visit southernagcredit.com.

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USDA Announces Details of Direct Assistance to Farmers through the Coronavirus Food Assistance Program

Are you a farmer or rancher whose operation has been directly impacted by the coronavirus pandemic? The Coronavirus Food Assistance Program will provide direct relief to producers who faced price declines and additional marketing costs due to COVID-19.

Click here for more information for the USDA’s Food Assistance Program.