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Farm Credit Mid-America and Farm Credit Midsouth announce plans to merge

Farm Credit Mid-America and Farm Credit Midsouth have announced their intentions to merge and operate under the name Farm Credit Mid-America. The two associations serve more than 137,000 customers in 391 counties across six states.

Dan Wagner, current president and CEO of Farm Credit Mid-America will continue to serve in that role and Farm Credit Midsouth’s CEO James McJunkins had previous announced his plans to retire at the end of February 2023. 

Farm Credit Midsouth is located in the Mississippi River Delta and Farm Credit Mid-America is located in Louisville, Kentucky.

A letter of intent has been signed by both Boards of Directors and the merger will take place over the next several months.  As cooperatives, both associations will present this potential merger for regulatory approval and to their stockholders for a vote. The targeted effective date is April 1, 2023.