AgSouth Farm Credit rewards members for their business

Volunteers from Domtar clean debris and trash from the Anne Springs Close Greenway in Fort Mill. The company’s volunteer work recently won it the Mayor’s International Community Award for charitable contributions in the greater Charlotte area.
Volunteers from Domtar clean debris and trash from the Anne Springs Close Greenway in Fort Mill. The company’s volunteer work recently won it the Mayor’s International Community Award for charitable contributions in the greater Charlotte area. THE HERALD FILE PHOTO

Current and former members of AgSouth Farm Credit in York, Lancaster and Chester counties received nearly $750,000 from the cooperative in two separate distributions this spring.

In all, AgSouth Farm Credit returned nearly $44 million to its members this spring.

“We are very grateful for the strong growth last year that our members helped us obtain for AgSouth and for themselves, and are happy to see them richly rewarded for doing business with us,” said Karen Baxley, regional vice president.

AgSouth Chief Financial Officer Alisa D. Gunter said the funds have “an enormous impact on the economies of the areas we serve.”

Dr. David M. Kohl, professor emeritus of agricultural finance and small business management and entrepreneurship at Virginia Tech, estimated that every dollar AgSouth returns to its customers has an economic impact of five to 10 dollars in the communities served by the cooperative.

Director Arthur Black of York County said, “AgSouth is the only bank you can borrow from, become a stockholder, and get 25 percent of your interest back.”

AgSouth provides loans for land, equipment and production in agriculture, crop insurance, and home mortgages. It is headquartered in Statesboro, Ga., with administrative offices in Spartanburg and Orangeburg.

Business News

▪ Mychal Frost, the public information officer of the Clover School District, has been elected president-elect of the South Carolina chapter of the National School Public Relations Association. The statewide association aims to build trust and support for public education. Frost, 30, is a graduate of Winthrop University.

▪ Tracey Miller and Kelly Cahill of Cahill & Miller Realty Group and Allen Tate Realtors have moved to 870 Gold Hill Road, Suite 105, in Fort Mill.

“The move to the new office was due, in part, to the tremendous growth in our area (Fort Mill, Tega Cay and Indian Land),” Cahill said. “Additionally, our new office is in a better location that provides great visibility and convenience to our clients. We will now also be able to have on-site training with Allen Tate’s training staff, allowing us to better serve our clients with the latest technology tools. Our clients can view properties on one of three large flat screens in a comfortable environment.”

Miller and Cahill recently received the 2014 President’s Club Award for their level of achievement in sales.

For information, call Cahill at 803-389-0080 or Miller at 803-487-2357, or go to

▪ The Arts Council of York County is accepting nominations for the Ben Ardrey Volunteer Award and the Arts Partnership Award. The winners will be selected by a panel of judges and honored at the Arts Council’s Annual Celebration on June 25.

The volunteer award honors Dr. William Benjamin Ardrey, a Rock Hill pediatrician who was also involved with the arts.

Past recipients of the Business and the Arts Partnership Award include Duke Energy, Bi-Lo, Founders Federal Credit Union, O’Darby’s Fine Wine & Spirits, The Herald, Williams & Fudge, and Comporium Communications.

Nomination forms for both awards are available through the Arts Council of York County. Contact the Arts Council at 803-328-2787, or stop by the Center for the Arts, 121 E. Main St. Deadline for nominations is May 22.

▪ TB Bank, with offices in Rock Hill and Fort Mill, is the winner of the 2015 TNS Choice Award for Small Business Banking. The category includes financial institutions that provide small business products and services to businesses with annual sales up to $10 million.

Winners of TNS Choice Awards are determined by considering data in a number of categories, including ability to attract and retain customers.   

▪ Domtar Corporation was given the Mayor’s International Community Award for its charitable contributions in the greater Charlotte area. Domtar has a corporate office in Fort Mill and a manufacturing facility in Rock Hill,

Charlotte Mayor Dan Clodfelter presented the awards Tuesday.

Domtar believes that community investment is an essential component of corporate social responsibility. Among the community projects supported by Domtar is the Anne Springs Close Greenway’s “Get Close To Nature” capital campaign, as well as participation in volunteer activities that help maintain the nature preserve.


TUESDAY The Rock Hill State-of-the-Community address, sponsored by the York County Regional Chamber of Commerce is at 7:30 am. at the Baxter Hood Center on the campus of York Technical College.

The topic of discussion will be “Building the Bridge between Education and Commerce,” Rock Hill Mayor Doug Echols will speak.

Tickets are $20 for members and $25 for non-members. For information contact Kim Kerr at 803-547-5900.

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