Westminster, MD (March 24, 2012) – MidAtlantic Farm Credit (MAFC) has announced the retirement of Lloyd Webb, Regional Manager in the Delmarva Region of MAFC and the promotion of Kenny Bounds to succeed Webb.
Webb began his Farm Credit career over 35 years ago as a field representative with the Delaware Federal Land Bank Association and the Delaware Production Credit Association. Over the years, he assume positions of increasing responsibility. Bob Frazee, President/CEO of MAFC says, “We, and I have been fortunate to have Lloyd as a member of MAFC’s leadership team.”
Bounds joined Farm Credit in 1977 and is well known in the agricultural community. “Kenny is a real asset to Farm Credit and will continue representing Farm Credit in his new position,” says Frazee. Bounds will work alongside of Webb until March 30 when Lloyd retires.
MidAtlantic Farm Credit is one of the largest agricultural lenders on the east coast. They provide agricultural credit and crop insurance to farmers, rural landowners and agribusinesses in Delaware, Maryland, Pennsylvania, Virginia and West Virginia. They are part of the national Farm Credit System, a cooperative lender with more than 500,000 borrowers and a portfolio of over $160 billion. Additional information is available at www.mafc.com.
Sandy Wieber, Vice President of Marketing