Learn About Our Payment Methods

New Payment Option

Alabama Farm Credit wants to make your loan payments as simple as possible, so we’ve created our new Make A Payment option to help.

With the Make A Payment option, users don’t have to set up an online banking accounts or remember any logins and passwords. All you need to do is fill out the Electronic Payment Submission Form, found on the top-right corner of our main page, and the authorized funds will be transferred from the designated bank account within 24-48 business hours.

Ag Banking Online (ABOL)

Our other recommended option for making loan payments is the Ag Banking Online (ABOL) method. Using our online banking system, you can access your account 24/7, set-up recurring payments user date, and choose to opt into e-statements with up to two years of history available.

Alabama Farm Credit knows our customers value their security and privacy, which is why we have developed our online banking with the highest level of security measures in place. With online loan payments there is no need to worry about checks being stolen or lost in the mail; you can rest easy knowing your money is going exactly where you intended.

Signing up on our website and activating your user credentials using a desktop computer. You can then download the mobile app on the Apple App Store or Google Play and manage your loans on-the-go.

Pre-Authorized Installment Draft

If Alabama Farm Credit’s previously mentioned payment options don’t appeal to you, there is always their Pre-Authorized Installment Draft (P.A.I.D.). P.A.I.D. is similar to the recurring payments function of the online banking system without having to recall password credentials.

Once you fill out the form on our site, the funds required to pay your loan will be automatically withdrawn on the 1st business day monthly when a payment is due. You’ll never miss a loan payment again!

If your loan’s interest rate happens to change, we will notify you on a billing notice and the installment amount will be adjusted automatically.

Checks and Lockbox Banking

If none of the other options sound right for you, customers can also choose to mail their payments directly to their local Alabama Farm Credit branch or to the lockbox remittance address as printed on their installment loan invoice.

Lockbox banking is an alternative method provided by banks to companies for the receipt of customers’ payments. Instead of sending their checks directly to our branch, customers send their payments to a specific post office box. The bank will retrieve the payments, process them, and deposit the funds directly into the company’s bank account.

Check payments and lockbox banking are Alabama Farm Credit’s least favorite payment options because they are the least secure and may be susceptible to mail delays.

Alabama Farm Credit allows this payment option available to all customers but recommends trying one of our other more secure options first.

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Together We Grow Foundation Awards 11 Scholarships to North Alabama Students

May 20, 2026

The Together We Grow Foundation is proud to announce the awarding of 11 scholarships totaling $27,500 to students pursuing education and careers in agriculture and related fields across North Alabama, reinforcing the Foundation’s commitment to investing in the future of Alabama’s agricultural community. The Together We Grow Foundation was born from a group of young farmers who recognized a growing need for college scholarships to support students entering Alabama’s agricultural sector. What began as a shared concern has grown into a nonprofit dedicated to cultivating opportunity, leadership, and long term success for students across the state. This year’s awards include 10 Young Roots Scholarships and one Cultivating Leaders Scholarship. The Young Roots Scholarship is designed for graduating high school seniors, and the Cultivating Leaders Scholarship supports students graduating from a two year college who plan to pursue a four year degree. Scholarship recipients are selected based on academic achievement and active involvement in their schools and communities. 2026 Scholarship Recipients • Ella Barkley, DeKalb County — Plans to attend Auburn University and major in Animal Science • Kylie Calvert, Cullman County – Plans to attend Auburn University and major in Animal Science • Kiley Cochran, Jefferson County — Cultivating Leaders Scholarship recipient; attends Wallace State Community College and will major in Communications • River Cox, Calhoun County — Plans to attend the University of West Alabama and major in Forestry Technology • Jayden Friedrich, Cullman County — Plans to attend the University of South Alabama and major in Radiology, with a minor in Agricultural Sciences • Jackson Haynes, Cullman County — Plans to attend Auburn University and major in Biological and Agricultural Technology Management • Blaine McDuffa, Franklin County — Plans to attend Auburn University and major in Animal Science • Elijah Miller, Colbert County — Plans to attend Northwest Shoals Community College and major in Industrial Systems Technology • Addison Norwood, Limestone County — Plans to attend the University of Mississippi and major in Legal Studies • Gracie Stidham, Cullman County – Plans to attend the University of Alabama at Birmingham and major in Nursing • Melanie Studdard, Cherokee County — Plans to attend Auburn University and major in Mechanical Engineering The Together We Grow Foundation receives proceeds from Alabama Farm Credit’s Ag Night at the Rocket City Trash Pandas, with VIP ticket sales directly benefiting Together We Grow scholarships. VIP tickets are on sale now for Ag Night, set for June 19 at the Rocket City Trash Pandas stadium. The Foundation primarily raises scholarship funds through community supported events, including Agri Shoot at Selwood Farms, an annual sporting clays fundraiser held each fall, which will take place on September 18 at Selwood Farms this year. Through the support of Alabama Farm Credit and community partners, the Together We Grow Foundation continues to strengthen the future of agriculture by investing in students who demonstrate both academic excellence and a commitment to serving their communities. For more information about the Together We Grow Foundation, VIP ticket sales, or upcoming events, visit thetwgfoundation.com.

Loyd Rutherford Named 2026 Academy of Honor Recipient, Scholarship Established at Auburn University

May 17, 2026

Alabama Farm Credit (AFC) proudly recognizes former board chairman Loyd Rutherford as a 2026 inductee into the Farm Credit Bank of Texas Academy of Honor, the Bank’s highest distinction for leadership and service in agricultural credit. Established in 1968, the Academy of Honor in Agricultural Credit recognizes individuals who have made valuable and significant contributions to agriculture, rural communities and the Farm Credit System. Each year, one deserving individual is inducted into the Academy of Honor, and a one-time $25,000 scholarship bearing the inductee’s name is awarded through a college or university of their choice. Mr. Rutherford has chosen Auburn University as the recipient of the Loyd Rutherford Academy of Honor Scholarship, which will support five students with $5,000 scholarships to further their education and careers in agriculture. A lifelong agricultural producer and business leader, Rutherford was raised on a farm and spent much of his life farming cotton, soybeans, wheat and broilers, while also managing the Lawrence County Exchange, the local farmers’ cooperative known at the time by that name. His deep agricultural roots shaped a career defined by service, leadership and a commitment to rural communities. Rutherford dedicated nearly 30 years to advancing agriculture through his leadership within the Farm Credit System. He served on the AFC board of directors from 1990 to 2019, including more than two decades as chairman from 1995 to 2017. During that time, he helped guide the association through the farm crisis of the early 1990s, significant structural transitions, and decades of sustained growth. He consistently championed stockholder interests and long-term stability while also serving on numerous district and national Farm Credit boards and committees. Rutherford was formally recognized as a 2026 Academy of Honor inductee at the Farm Credit Bank of Texas Annual Meeting, where his steady leadership, hands-on involvement in agriculture and lasting impact on rural communities were celebrated. Throughout his career, he was supported by his wife, Janice Rutherford, whose encouragement and partnership were integral to his lifelong dedication to agriculture and service. The scholarship established in Rutherford’s name reflects both his legacy and the Farm Credit System’s continued investment in the next generation. The funds will be awarded through Auburn University to students pursuing agriculture-related fields of study, helping recipients continue their education and build careers that strengthen rural America.