A rich history of serving rural New Mexico

Ag New Mexico, FCS, ACA has been making production loans to farmers and ranchers since it was first chartered in 1934. At that time, the cooperative association was known as Clovis Production Credit Association (PCA). In 1984, Clovis PCA merged with other associations to become the PCA of Eastern New Mexico. Sixteen years later, in July 2000, the association changed its name to Ag New Mexico, and one year later, merged with the PCA of New Mexico - previously Albuquerque PCA - and converted from a PCA to an Agricultural Credit Association (ACA).

The association's status as an ACA expanded its lending programs to include long-term mortgage loans in addition to short-term production loans. The Association is able to make loans across the entire state of New Mexico from its headquarters in Clovis and branch offices in Belen and Roswell.

Member-owned and -directed

As a credit cooperative, Ag New Mexico is owned by its borrowers and managed by a customer-elected board of directors. When you receive an ACA loan, you also become a stockholder, which entitles you to vote on the board of directors and on important co-op issues. No other type of lender offers that advantage.

Part of the Tenth Farm Credit District

Ag New Mexico is part of the nationwide Farm Credit System, which was established by Congress to provide American agriculture with a dependable source of credit. The cooperative lending institution also is a proud member of the Tenth Farm Credit District, which encompasses New Mexico, Texas, Louisiana, Mississippi and Alabama.