American AgCredit

What American AgCredit does

American AgCredit is a borrower-owned financial cooperative chartered through the Farm Credit System and operating under the legal entities American AgCredit, ACA; American AgCredit, PCA; and American AgCredit, FLCA, headquartered at 400 Aviation Blvd. Suite 100 in Santa Rosa, California. Founded in 1916, the institution delivers agricultural lending, equipment and property leasing, federal crop insurance as a USDA Risk Management Agency provider, and capital markets and corporate banking services to farmers, ranchers, and agribusinesses across California, Colorado, Hawaii, Kansas, Nevada, New Mexico, and Oklahoma, with its capital markets division extending services to customers in all 50 states.

The product suite spans long-term land-purchase loans, operating lines, equipment leasing, crop insurance, capital markets transactions, and an analytical add-on called Terrain Research and Insights. Customer-facing technology is anchored on a web-based online banking platform at banking.agloan.com, protected by 128-bit encryption, multi-factor authentication, secret-question authentication, secure firewalls, session timeouts, and secure inbox messaging. The firm also markets through Facebook, Instagram, X, YouTube, SMS, and email channels, and operates an inside-sales customer service center reachable at (800) 800-4865.

The business model is a cooperative lending model in which the institution returns residual profits to borrowing members through cash patronage — nearly $1 billion distributed since 2005 — and funds itself through the Farm Credit System's cooperative capital structure. Pricing is not publicly disclosed and is set per-loan on the basis of creditworthiness, collateral, term, and market conditions. Leadership comprises Curt Hudnutt as President and CEO, Greg Somerhalder as Chief Operating Officer, and Vern Zander as Chief Financial Officer, with a Board of Directors elected by shareholder-customers.

Name

American AgCredit

Legal name

American AgCredit, ACA

Website

https://agloan.com

Company type

Private

Founded year

1916

Operating status

Operating

Headcount range

251–500 employees

Short description

American AgCredit is a Farm Credit System financial cooperative, founded in 1916, providing agricultural loans, leasing, federal crop insurance, and capital markets services to farmers, ranchers, and agribusinesses across seven western U.S. states and nationwide via its capital markets division.

Ownership category

akta.pro rank

Product category

Agricultural Lending

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Farm Finance, Input Procurement & Risk Tools (Budgeting, Inventory, Insurance Links) (AFAAAFAO)

akta.pro secondary industry

Farmer Cooperatives & Co-op Retail (AFABAJAB)

Keywords

• Agricultural lending
• Rural lending
• Farm credit
• Crop insurance
• Equipment leasing

Headquarters

HQ city

Mobile

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Agricultural Loans: American AgCredit provides financing to farmers, ranchers, and agribusinesses through various loan products including land purchase loans, operational funding, and capital markets services. As a financial cooperative, returns are shared with customer owners through patronage programs.
2. Leasing Services: The company offers leasing services for agricultural equipment and operations as part of their comprehensive financial solutions to farmers and ranchers.
3. Crop Insurance: American AgCredit provides federal crop insurance services as a provider of USDA RMA crop insurance, offering protection to agricultural producers.
4. Capital Markets & Corporate Banking: Capital markets and corporate banking services are provided to customers across all 50 states, representing a separate revenue stream from their regional branch operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

American AgCredit is a borrower-owned financial cooperative that operates as part of the Farm Credit System. The company provides agricultural loans, equipment leasing, crop insurance, and capital markets services to farmers, ranchers, and agribusiness operators across its chartered territory.

Product overview

American AgCredit is a financial cooperative offering a unified suite of agricultural financial products and services. The core offerings include agricultural loans, leasing services, insurance products, and capital markets services, all delivered through online banking. As a member of the Farm Credit System serving since its founding over 100 years ago, the company provides direct financing in seven states (California, Colorado, Hawaii, Kansas, New Mexico, Nevada, and Oklahoma) while extending capital markets capabilities to customers across all 50 states. The product portfolio is designed to meet the complete financial lifecycle needs of farmers, ranchers, and agribusinesses, with Terrain Research and Insights serving as an analytical add-on to support informed decision-making.

Differentiator

Problem solved

Functional benefit

Products and services

• Agricultural Loans Loans tailored for farmers, ranchers, and agribusinesses to finance operations, land, equipment, and production needs.
• Equipment Leasing Leasing solutions for farm and ranch equipment, providing flexible financing alternatives to ownership for agricultural operators.
• Crop Insurance Insurance products designed to protect farmers against crop loss and production risk.
• Capital Markets Services Capital markets financing solutions for larger agribusiness borrowers through a dedicated division.
• Online Banking Digital banking platform for cooperative members to manage accounts, transactions, and loans online.

Quantifiable outcome

• Nearly $1 billion in cash patronage returned to customer owners since 2005

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Farm Credit SystemcoreStrategic or Co-development PartnerAmerican AgCredit is a proud member of the Farm Credit System, created more than 100 years ago with the sole purpose of serving the financial needs of farmers and ranchers. The Farm Credit System is a nationwide network of lending institutions that provides agricultural credit and related services. American AgCredit benefits from this cooperative structure for funding and shared services.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• CoBank: CoBank is a Farm Credit System bank that provides wholesale lending, capital markets, and agribusiness financing to affiliated Farm Credit associations and rural cooperatives. It is the direct funding bank for American AgCredit and shares the same GSE-backed cooperative structure, making it the closest institutional peer.
• Farm Credit West: Farm Credit West is another Farm Credit System association serving California, Arizona, and parts of the West Coast — directly overlapping with American AgCredit's core California territory. It offers the same suite of agricultural loans, leasing, and crop insurance to farmers and ranchers under the same GSE framework.
• Compeer Financial: Compeer Financial is a large Farm Credit System cooperative serving Illinois, Minnesota, Wisconsin, and surrounding Midwestern states. It mirrors American AgCredit's cooperative ownership model, multi-state agricultural lending footprint, and crop insurance / leasing cross-sell strategy.
• AgCountry Farm Credit Services: AgCountry is a Farm Credit System association serving Minnesota, North Dakota, Wisconsin, and other grain-belt states. Like American AgCredit, it is a borrower-owned cooperative providing agricultural loans, leasing, and crop insurance, with a regional branch network model.
• Farm Credit Mid-America: Farm Credit Mid-America is a major Farm Credit System cooperative serving Indiana, Ohio, Kentucky, Tennessee, and surrounding states. It offers the same full suite of agricultural financing, leasing, and crop insurance products to farmers and rural communities under the GSE cooperative structure.
• AgFirst Farm Credit Bank: AgFirst is one of the four Farm Credit System banks, providing wholesale funding and capital markets services to affiliated associations across the Southeast and Mid-Atlantic. It is directly comparable in institutional role within the Farm Credit System to the lending associations American AgCredit is part of.
• Rabo AgriFinance: Rabo AgriFinance is a subsidiary of Rabobank Group providing agricultural loans, leasing, and capital markets services to U.S. farmers, ranchers, and agribusinesses. It competes directly with American AgCredit, especially in the larger-ticket and capital markets segments served across all 50 states.

Broad incumbents

• Farmer Mac: Farmer Mac (Federal Agricultural Mortgage Corporation) is a GSE that provides a secondary market for agricultural loans and rural utilities financing. It overlaps with American AgCredit in agricultural credit provision but operates a securitization / capital-markets model rather than direct relationship lending.
• MetLife Agricultural Finance:
• Wells Fargo Agricultural Banking:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AmericanAg
• YouTubeyoutube.com/channel/UCc10Ugp-Pv6YHMmC9RihqJg
• Facebookfacebook.com/American-AgCredit-102868906581
• Instagraminstagram.com/americanagcredit
• LinkedInlinkedin.com/company/american-agcredit

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about American AgCredit