Omaha, Nebraska – Farm Credit Services of America (FCSAmerica) today announced the farmer-owned cooperative is mobilizing its financial and staff resources to help customers impacted by area floods.
To date, FCSAmerica has donated $175,000 to support the relief efforts of the American Red Cross, the Nebraska Farm Bureau and the Nebraska Cattlemen’s Association. Additional donations are being made by other Farm Credit entities, including CoBank, which has committed $300,000 to Midwest flood relief.
“Officials have only begun to assess the damage of recent flooding, but already the devastation is clear in the lives lost, the homes and farmsteads damaged, and the livestock and grain operations that now face new financial challenges,” said Mark Jensen, FCSAmerica’s president and CEO. “All of us in agriculture feel the enormity of the losses and are committed to help our communities recover.”
FCSAmerica financial officers and crop insurance agents are reaching out to customers in impacted areas to help them with individualized plans and assistance to manage their loss.
“As a financial services cooperative serving farmers and ranchers, we understand that agriculture is inherently risky,” said Bob Campbell, senior vice president in Nebraska. “Whether producers are impacted by natural disasters, such as what we are seeing today, or trying to navigate economic cycles, we use our financial strength to support agriculture.”