Robert R. “Robbie” Roberson, Chairman of the Board of Lakeland-based agricultural lending cooperative Farm Credit of Central Florida announced that Vice-Chairman of the Board Rex Clonts has been re-elected to serve another three-year term expiring in 2018. Farm Credit of Central Florida is part of the nationwide Farm Credit System.
“Farm Credit of Central Florida’s board of directors have guided this association through some very difficult times,” Reggie Holt, Farm Credit of Central Florida President and CEO said. “Their commitment to the association has allowed us to once again produce strong patronage refunds which significantly lower our members’ effective rate of borrowing.”
Clonts was elected to the cooperative’s board in 1997. Clonts is a citrus grower and third generation Farm Credit board member with 500 acres of citrus production in Lake County.
Farm Credit of Central Florida is a member-owned cooperative serving 13 Central Florida counties, including, Polk, Hillsborough, Pinellas, Citrus, Hernando, Pasco, Sumter, Lake, Seminole, Orange, Osceola, Volusia and Brevard. Part of the nationwide Farm Credit System established in 1916, Farm Credit of Central Florida provides loans, leases and crop insurance to over 1,000 farmers, ranchers, growers and rural homeowners.
For immediate release. For more information, contact Ron O’Connor at (863) 682-4117.