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Agricultural News


Farm Credit of Western Oklahoma Celebrates the Grand Opening of Its New Tuttle Branch Facility

Fri, 28 Apr 2017 16:49:26 CDT

Farm Credit of Western Oklahoma Celebrates the Grand Opening of Its New Tuttle Branch Facility On Friday, the agricultural community gathered to celebrate the grand opening of Farm Credit of Western Oklahoma’s new branch office facility in Tuttle. American Farmers & Rancher, Oklahoma Farm Bureau and the Oklahoma Cattlemen’s Association were among the organizations represented there, including too, State Secretary of Agriculture Jim Reese, who offered greetings and congratulations to the association on its expansion. Farm Credit of Western Oklahoma President and CEO John Grunewald was on hand to speak with Radio Oklahoma Ag Network Farm Director Ron Hays about the event and the significance behind it. You can hear their complete conversation from today’s celebration, by clicking or tapping the LISTEN BAR below at the bottom of this story.


“We’re proud to be in the Tuttle area,” he said. “This is our first branch in this area. We moved a branch in a temporary office down here three years ago, and since then we’ve grown almost $30 million. The board of directors of Farm Credit of Western Oklahoma made the decision to expand and build a new facility in this area.”


Situated between the Oklahoma City metroplex and some of the state’s best farmland, the new facility was built with the community in mind. Grunewald says the new building was designed to host not only clients but also groups of people too. He says outside organizations from Farm Bureau to 4-H and FFA groups will be welcome to host trainings, meetings, conferences, etc. at the new building.


“That’s our hope,” he said, “that the agriculture community uses this facility.”


This new location will serve the community certainly, but it also serves as a testament to the success Farm Credit of Western Oklahoma brings to its patrons.


“When I first started working in Western Oklahoma, actually at Clinton, we had around $18 million in loan volume,” Grunewald recounted. “Today, we have nearly $850 million in loan volume in Farm Credit of Western Oklahoma.”


In total, he says the Farm Credit associations across the state have a collective $3 billion impact in Oklahoma. And while Grunewald admits Oklahoma has not been immune to the hardships of the current agricultural economy, he reaffirmed his confidence in Oklahoma’s farmers and ranchers.


“As normal, agriculture has had some ups and downs,” Grunewald said. “We’ve had some stress out there but I can tell you - the farmers and producers in Western Oklahoma are smart, very shrewd, conservative producers and they will find a way to manage through these difficult times.”



   



   

Click below to hear Hays and Grunewald discuss Farm Credit of Western Oklahoma's new facility
right-click to download mp3

 

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