Rushville Republican

News

October 4, 2013

Farm Credit breaks ground for new office

Farm Credit Mid-America, an agriculture lending cooperative serving farmers, rural residents and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee, broke ground for a new office in Rushville to be located on N. Main Street in Rushville, across SR3 from Walmart.

A groundbreaking ceremony was held Wednesday, Oct. 2 and was attended by local officials, Farm Credit leaders and Farm Credit customers.

“This is the start of a new beginning for Farm Credit in Rushville and in Fayette and Rush counties,” said Gary Coleman, regional vice president for Farm Credit. “Our existing Rushville office has been here since the mid-1970s. We have grown tremendously since then. We now have seven employees stationed in Rushville full-time servicing approximately $116 million in loan volume. This new and improved office will allow us to serve over 600 current customers more effectively through expanded space, updated technology and a more convenient location.”

Rushville Mayor Mike Pavey offered his thanks to Farm Credit for contributing to the growth of the Rushville community.

“We’re very proud that the three recent major expansions here in Rushville are by companies who were already here,” Pavey said. “It really helps to show that Rushville is open for business.”

Throughout 2013 and 2014, Farm Credit will continue to build and renovate offices across its four-state territory.

The new Rushville Farm Credit office is expected to be completed next spring.

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