Almond assumes chief lending officer role with Farm Credit of the Virginias

Published 1:17 pm Sunday, December 20, 2020

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Farm Credit of the Virginias (FCV) recently announced that Michael Almond assumed the newly created role of chief lending officer in late November.

Almond was raised in Stanly County and lived there until moving to attend Western Carolina University in 1994. Growing up in a rural area instilled a great appreciation of agriculture and public service in Almond. Throughout his upbringing and his career with Farm Credit, Almond carried this appreciation of service and support with him.

After graduating Cum Laude with a degree in Business Administration and Pre-Law, Almond had aspirations of attending law school. Wanting to get a few years of experience under his belt first, he accepted a position as a commercial agricultural loan officer with Piedmont Farm Credit in 1997 in Union County. Piedmont Farm Credit later merged to become Carolina Farm Credit (CFC). Almond enjoyed the mission-related work and collaboration with agriculturalists so much that he redirected his future goals to focus on a career with Farm Credit.

In 2007, Almond advanced to CFC’s Agribusiness & Credit Department, which allowed him to focus on larger, more specialized credits, as well as gain experience in credit management and take on additional training opportunities. Six years later, in 2013, he was selected as regional manager for CFC’s largest region, where he managed a regional team that worked through all facets of lending, operations and processing.

Almond was most recently drawn to FCV because of the opportunity for continued growth and an increased leadership role within the Farm Credit System he had grown to love. He was familiar with FCV’s reputation of great culture, solid financial position, similar farm commodities and a strong mission-related focus.

“I feel fortunate and extremely blessed to be part of a great Association like FCV. I will contribute leadership and perspective gained from 23 years of Farm Credit experience, but I am even more excited to contribute my passion, energy, and enthusiasm for what we do in service of our ag and rural mission,” Almond said. “In uncertain times, it carries an even greater responsibility and importance that Farm Credit be steadfast as a consistent and reliable source of lending for the agricultural and rural communities we serve. Our lending team will continue to focus on local relationship lending where we can maintain clear and direct understanding to the ever-changing needs of our membership. We will strive towards continuous improvement in our loan products, delivery, and technology to insure that FCV is a resource that meets the needs of our members today, tomorrow, and for generations to come.”

“I am thrilled to welcome Michael to the role of Chief Lending Officer,” shares Brad Cornelius, Farm Credit of the Virginias’ CEO. “His experience with the Farm Credit System and the agricultural lending landscape, positive attitude and industry expertise will be a major asset to the senior leadership team and this Association.”

Almond enjoys spending quality time with his family. They love the outdoors, exploring new places and traveling. He and his family are looking forward to their move to Virginia. In his spare time, he also enjoys fitness, watching sports, movies and reading.