Monday, October 31, 2011

$18,000 in scholarships available through MidAtlantic Farm Credit

Westminster MD (October 31, 2011)—MidAtlantic Farm Credit announces the availability of twelve scholarships totaling over $18,000 for members or children of members who plan to attend or are continuing their education at a two- or four-year college or a technical school on a full-time basis.

Applications are available at any of MidAtlantic’s office or you can apply online by visiting their website at mafc.com. Applications must be received by January 13, 2012; winners will be selected by February 24, 2012. Winners will be recognized at MidAtlantic’s annual stockholder meetings in April.

“As a member-owned cooperative, we take a strong interest in the future success of our members,” says Bob Frazee, President and CEO of MidAtlantic. “We feel it is important to help promote the education of our membership—current and future—and our scholarship program is one way in which we’re doing that. Programs like this that advance our membership towards their goals, are just one more benefit of belonging to a cooperative.”

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. The co-op has over 10,500 members and approximately $2.2 billion in loans outstanding. MidAtlantic has branches serving Delaware, Maryland, Pennsylvania, Virginia and West Virginia. It is part of the national Farm Credit System, a network of financial cooperatives established in 1916 to provide a dependable source of credit to farmers and rural America. For more information, visit mafc.com.



Media Contact:
Sandy Wieber
Vice President of Marketing
MidAtlantic Farm Credit
800.333.7950
swieber@mafc.com