Frequently Asked Questions

Answers to the most commonly asked questions about Alabama Farm Credit are below. If you have questions not covered in our FAQs, please contact us.

The Organization

Our success is your success and, as such, we will always have your best interests in mind.

What happens to my stock when the loan is repaid?

Feb 19, 2021, 15:18 PM
Question : What happens to my stock when the loan is repaid?

Stock requirements are at the sole discretion of the board of directors based on the association's capital strength and financial performance. They cannot be retired on-demand or on a certain date. However, the association board has policies and procedures to maintain adequate capital and allow for the orderly retirement of stock, when requested by a stockholder, in a safe and sound manner.

When you have repaid your loan and finished with your financially related services, one of the following may happen:

  • You may elect to use the stock value to capitalize other debts with the association.
  • Your stock may be retired, and the proceeds repaid to you either when your loan is repaid or at a future date as determined by the board of directors.
  • Stock will not be retired if the association fails to meet the capital adequacy standards of both the Farm Credit Administration and association bylaws.
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Voting Stock

We support the cooperative principle of sharing our success with our members.

What happens to my stock when the loan is repaid?

Feb 19, 2021, 15:18 PM
Question : What happens to my stock when the loan is repaid?

Stock requirements are at the sole discretion of the board of directors based on the association's capital strength and financial performance. They cannot be retired on-demand or on a certain date. However, the association board has policies and procedures to maintain adequate capital and allow for the orderly retirement of stock, when requested by a stockholder, in a safe and sound manner.

When you have repaid your loan and finished with your financially related services, one of the following may happen:

  • You may elect to use the stock value to capitalize other debts with the association.
  • Your stock may be retired, and the proceeds repaid to you either when your loan is repaid or at a future date as determined by the board of directors.
  • Stock will not be retired if the association fails to meet the capital adequacy standards of both the Farm Credit Administration and association bylaws.
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Our Loans

Our loan programs are customized to meet the needs of borrowers just like you.

What happens to my stock when the loan is repaid?

Feb 19, 2021, 15:18 PM
Question : What happens to my stock when the loan is repaid?

Stock requirements are at the sole discretion of the board of directors based on the association's capital strength and financial performance. They cannot be retired on-demand or on a certain date. However, the association board has policies and procedures to maintain adequate capital and allow for the orderly retirement of stock, when requested by a stockholder, in a safe and sound manner.

When you have repaid your loan and finished with your financially related services, one of the following may happen:

  • You may elect to use the stock value to capitalize other debts with the association.
  • Your stock may be retired, and the proceeds repaid to you either when your loan is repaid or at a future date as determined by the board of directors.
  • Stock will not be retired if the association fails to meet the capital adequacy standards of both the Farm Credit Administration and association bylaws.
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The Mobile App

Download our ios or android app for more access to your loan information.

What happens to my stock when the loan is repaid?

Feb 19, 2021, 15:18 PM
Question : What happens to my stock when the loan is repaid?

Stock requirements are at the sole discretion of the board of directors based on the association's capital strength and financial performance. They cannot be retired on-demand or on a certain date. However, the association board has policies and procedures to maintain adequate capital and allow for the orderly retirement of stock, when requested by a stockholder, in a safe and sound manner.

When you have repaid your loan and finished with your financially related services, one of the following may happen:

  • You may elect to use the stock value to capitalize other debts with the association.
  • Your stock may be retired, and the proceeds repaid to you either when your loan is repaid or at a future date as determined by the board of directors.
  • Stock will not be retired if the association fails to meet the capital adequacy standards of both the Farm Credit Administration and association bylaws.
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