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Association News

Welcome to the Mississippi Land Bank news updates page. When there is news of interest to our customers and borrowers, we will place it here. Please check this space frequently for updates!

BREAKING NEWS

Lowndes Farmer Turns Heads with Zinnia Field - July 24, 2017

If you like the color green, south Lowndes County is your kind of place — endless acres of forest and farmland. There is one exception, though, 3 1/3 acres of vibrant hues of red, orange and yellow that burst from that infinity of green...
Read full article.

Article written by Slim Smith and appears in The Dispatch



Agriculture 'will innovate, adapt, overcome' - May 3, 2017

It's the unexpected that can make forecasting somewhat perilous, says Morgan Gulledge, economist for Mississippi Land Bank, who spoke at the organization's annual meeting...
Read full article.

Article written by Hembree Brandon and appears in Delta Farm Press



To Weather Ag Downturn: ‘Keep it simple’ - May 3, 2017

Down cycles are a fact of life in agriculture, and producers who plan for those downturns are the ones who are best position to survive, Abbott Myers told stockholders at the annual meeting of Mississippi Land Bank...
Read full article.

Article written by Hembree Brandon and appears in Delta Farm Press



Mississippi Land Bank Launches Referral Program - May 3, 2017

On April 1, Mississippi Land Bank introduced a new program to thank our customers for referring new business to the association. If a referral meets the program’s guidelines, you can receive a $250 referral fee. The guidelines are as follows:

  • The referral must be a new customer of the association.
  • You and the applicant must notify the loan officer that this is a referral loan.
  • The loan must close within six months of initial notification.
  • The loan must be at least $25,000.
  • Only one reward may be paid per new customer.
  • For regulatory reasons, referrals are not eligible if they result in loans primarily for consumer purposes rather than for agriculture or land.

Thank you for helping our association grow! If you have questions about the referral program, please feel free to contact your local branch office.



Mississippi Land Bank holds Annual Stockholder Meeting - May 1, 2017

The stockholders of Mississippi Land Bank gathered together on April 11th in Como, Mississippi to hear about the success of the Association. Chairman Myers and President Craig Shideler both outlined in their discussions the success of the organization in 2016.

Chairman Myers spoke of the local agriculture economy and how we are in a down cycle now in agriculture. He said the best advice he was given came from his father who told him, “If you make a good crop, save some of that money – you’ll need it when things aren’t good.” He also stated he was especially pleased to promote the cash patronage payment that was paid out in the amount of $2,900,000. This represents the equivalent of a ½ percent reduction in the interest rate paid by the stockholders. He reminded the stockholders present that when Mississippi Land Bank declares a patronage it is a cash patronage and every bit is paid out to the stockholders at that time, it’s not paid out over a several year period.

President Shideler reviewed the year-end financial highlights with the crowd prior to the start of the election process. Three director positions were up for election and the following were re-elected to 3-year terms:

Abbott Myers
Abbott Myers – representing the Clarksdale territory.

Jan Hill
Jan Hill – representing the Houston territory.

Keith Morton
Keith Morton – representing the Corinth territory.

Director Morgan Gulledge gave an informative update on the U.S. Economy and the financial markets. He talked about Nationalism vs. Globalism and the role it plays in agriculture. He also outlined some information that he presents to the board at each of their meetings.

Following the program and announcement of the election results, five guests were selected for door prizes. Those receiving prizes were Steve Cummings, Bill Fitts, Rocky Fleming, Jay Turner and Porter Robinson. The meeting concluded with a steak luncheon.



Young Farm Couple Earns National Honor - March 27, 2017

WEST POINT, Miss. — Mississippi's agricultural future is safe in the hands of some of the nation's best farmers. Brad and Molly Judson of Clay County have the award to prove it.

Read the article

Brad and Molly Judson in front of tractor
Brad and Molly Judson, winners of the National Outstanding Young Farmers award.

Brad and Molly Judson


Bill Cook Speaks at National Black Growers Council Annual Meeting - December 14, 2016

Bill Cook, VP of Business Development and Public Relations, spoke at the National Black Growers Council Annual Meeting on December 14, 2016. The meeting was held at the Gold Strike Casino in Tunica, MS. After his talk, he held a drawing for a door prize and Mr. Mike Patterson of Leland, MS won the prize.

Read the article

Bill Cook and Mike Patterson
Bill Cook presenting Mr. Patterson the door prize.

Cleveland Branch Customer Wins Award at Recent Farm Bureau Meeting - December 12, 2016

Strider McCrory, customer from Sunflower County, won the Farm Bureau Young Farmer and Rancher Discussion Meet for Mississippi. He will compete in Phoenix at the American Farm Bureau meeting in January.

Strider McCrory

Growing Up in a Down Market - June 27, 2016

Macon, Miss. cotton producers rally around Bogue Chitto Gin, a multimillion-dollar complex financed by Missippi Land Bank in 2012.

Read the article


Loyal to Land Bank—Four Generations of the Harris Family - June 27, 2016

"Seriously, there have been tight times, and Farm Credit told us 'Don't worry'. That means a lot."—Steve Harris

Read the article


Mississippi Agricultural Land Values and Cash Rents Report: 2016 Survey of Lenders - June 27, 2016

This report is intended to be an informational guide for producers, landowners, and professionals working in the agricultural real estate and finance sectors.

Read the Report


MS Land Bank Customers Win Awards at Delta Council Event - May 20, 2016

  • "Porgie" Anderson won Conservation Farmer
  • The Davis Family won for Outstanding Rice Producers

View larger image


Mississippi Land Bank Featured in MS Poultry Association Member Spotlight - May 11, 2016

"Our roots date back to the foresight of President Theodore Roosevelt, who created a commission in 1908 to study the financial lending needs of rural America..."

Read the article


Annual Meeting Featured in Delta Farm Press - April 13, 2016

"Capital is a tool, and we in agriculture use a lot of it," says Abbott Myers, chairman of Mississippi Land Bank. "Farmers want to work with an institution that's there for them year-in and year-out, to know that credit will be available for them — and their children and grandchildren, if they choose to farm."

Read the article

Article written by Hembree Brandon and appears in Delta Farm Press.


Mississippi Land Bank Pays Customers a Cash Patronage Distribution of $2.5 Million - March 21, 2016

Patronage check

View larger image


AVP and Wife Guest Appear on Hunting Show - March 8, 2016

Assistant Vice President Matthew Kimbrough and his wife Hannah appeared on a local hunting TV show. Watch the episode "Hannah-Time" Can’t Touch This on Vimeo.


Travis Satterfield featured in Extension Matters Magazine - February 26, 2016

Delta Farmer Travis Satterfield reflects on 40+ years in the fields. The entire magazine is available for viewing online. The story begins on page 4. View the magazine.

Article written by Keri Collins Lewis


Retired president/CEO Gary Gaines interviewed by Delta Farm Press - February 10, 2016

"Unlike the 1980s, today's commercial farmers are, for the most part, in sound condition," Gaines says. "They're excellent managers, they're efficient, they've incorporated technology..." Read full article.

Article written by Hembree Brandon and appears in Delta Farm Press


Marshall County Clean-up - January 6, 2016

The storms from two weeks ago had a tremendous impact on the Marshall County area. Clean up and damage assessment is well underway... Read more


Falling Crop Prices May Impact Land, Cash Rents

North Mississippi farmland values are holding strong, but if crop prices continue downward it will pressure both land prices and land rents, says Abbott Myers, Dundee, Miss., rice/grains producer who is chairman of the Mississippi Land Bank... Read full article.

Article written by Hembree Brandon and appears in the April 28th issue of Delta Farm Press


Mississippi Land Bank Pays its Customer a Cash Patronage Distribution of $2.8 MillionRead full article.


View Archived News

PERSONNEL NEWS

New Hires

Chad Bailey was hired as a Loan Officer in the Tupelo branch office on October 17, 2016.

Dustin Lambert was hired as Vice President Branch Manager for the Corinth branch office on September 30, 2016.

Garrett Dismukes was hired as an Appraiser Trainee at the administrative office in Senatobia. Garrett joined the team in August 2016.

Lisa Dudley was hired as an Accounting Specialist at the Administrative office in Senatobia. Lisa joined the accounting team in October, 2015.

Leslie Sheffield was hired as a Loan Administrator in the Tupelo branch office. Leslie joined the Tupelo branch staff in October, 2015.


Retirements

Sandra Russell, Sr. Loan Administrator in the Tupelo branch office, retired May 31, 2016.

Gary Gaines, longtime CEO, retired effective January 31, 2016.


Promotions

Matthew Kimbrough was named branch manager of the Tupelo branch office in August 2016.

Craig Shideler was promoted from Executive Vice President/Chief Credit Officer to President/CEO effective 2/1/2016.

Ronnie Sellers was promoted from Vice President of Capital Markets to Sr. Vice President/Chief Credit Officer effective 2/1/2016.

Hunter Taylor was promoted from Assistant Vice President to Vice President of Branch Lending at the Senatobia branch on 1/1/2016.


Births

William Deacon Foley was born on October 31, 2016. Deacon weighed 7 pounds 13 ounces and was 20 inches long. He is the son of Meghan and Will Foley. Will is an Assistant Vice President in the Tupelo branch office.

Luke Sanford Harris was born on September 20, 2016. He weighed 8 pounds 4 ounces and was 21 inches long. Luke is the son of Bart and Laura Harris. Bart is the Vice President/Branch Manager of the Starkville branch office.

Evelyn Claire Kimbrough was born on September 1, 2016. Evelyn Claire weighed 7 pounds 2 ounces and was 19 3/4 inches long. Evelyn Claire is the daughter of Hannah and Matthew Kimbrough Matthew is the branch manager in Tupelo.

Avery Josephine Hardy, daughter of Melissa and Mike Hardy was born on May 7, 2016. Avery weighed 7 pounds 11 ounces and was 20 inches long. Avery is the granddaughter of James and Jessica Stanford. Jessica is the VP of Administration in the Senatobia administrative office.

Lucas "Luke" Allen Pegram, son of Claire and Jim Pegram was born on April 16, 2016. Luke made his debut 6 weeks early but still weighed in at 5 pounds 1 ounces and was 18 inches long. Claire is the Chief Financial Officer in the Senatobia administrative office.

Jaylyn Eve Mullins, daughter of Holly and Tyler Mullins, was born on March 27, 2016. Jaylyn weighed 7 pounds 2 ounces and was 19 3/4 inches long. Tyler is the Senior Appraiser in the Senatobia Administrative Office.


Tenure Awards

  • Stella Perez - 40 years of service, 9/2016
  • Lauren Bell - 5 years of service, 9/2016
  • Tyler Mullins - 10 years of service, 8/2016
  • Sally McGarrity - 5 years of service, 2/2016
  • Cindy Lubiani - 20 years of service, 1/2016
  • Rob Taylor - 10 years of service, 1/2016

Honorable Mentions

Michael Neal, nephew of Stella Perez graduated in May from Bayou Academy. His accomplishments included Star Student, highest average in all classes, and he was Valedictorian of the Class of 2016. He will be attending Delta State and plans to pursue a degree in the field of science with a minor in English. Stella is a Sr. Loan Administrator in the Cleveland branch office.

Matthew Kimbrough, AVP of the Tupelo branch was selected to be a participant in the Jim Ingram Community Leadership Institute Class of 2018.

Talyn Dunn, son of Melissa and Brian Dunn, an incoming senior at Magnolia Heights after attending the 2016 Motion Mission Conference has decided to be a leader under the youth minister at their church, Life Fellowship. Melissa is the Collateral Custodian in the Senatobia administrative office.

Rob Cannon, son-in-law of Craig and Calvert Shideler completed his 3 year residency. He accepted a fellowship position in sports medicine in Tuscaloosa, Alabama. Rob, Lauren and Annie moved from Florida to Tuscaloosa this summer. Craig is CEO and located in the Senatobia administrative office.

Traviyon Dudley, grandson of Lisa Dudley recently competed in a Spelling Bee and received the Top Speller award for the 2nd Grade at Coffeeville Elementary School.

Cleveland branch loan officer, Chris Williams, received the Chamber Award for Service and Leadership. The award was presented by Michael Aguzzi, Chamber President at the Annual Cleveland-Bolivar County Chamber of Commerce banquet. Chris completed the Leadership Bolivar County Class in 2014 and has been a part of various volunteer groups for Chamber events.

Chris Williams (loan officer in the Cleveland Branch) and Clint Russell competed in The Great Ruleville Roast cooking competition in Ruleville, MS back in the fall. They had a very good weekend of competition, winning in the following areas:

  • Steak competition – 1st place
  • Pulled Pork competition – 1st place
  • Seafood / Fish competition – 2nd place
  • Pork Loin competition – 4th place
  • Overall highest points for the Friday Night categories

The win in the steak competition won them a trip to the National SCA Steak Cook-Off in Fort Worth, TX in October, 2015.

UPCOMING EVENTS

There's a lot going on at Mississippi Land Bank. Check out the events calendar and see!

BORROWER BRAGGIN' BOARD

Mississippi Land Bank is proud to congratulate borrowers for awards and announcements found in North MS area newspapers, etc. Some of those found in recent newspapers include the following:

  • Tom and Susan Bailey’s log home, Cabin In The Woods, was featured in the Lifestyles section of The Star-Herald.
  • Sledge Taylor received the 2015 Cotton Grower Achievement Award. He was honored on January 6th during the award luncheon. The event was held in conjunction with the Beltwide Cotton Conference in New Orleans.
  • Tom Skelton was named 2015 District Tree Farmer of the Year for the Northwest District.
  • John Darby was named Citizen of the Year for Tate County.

COMMUNITY INVOLVEMENT & SPEAKING ENGAGEMENTS

At Mississippi Land Bank, we take pride in our community involvement through donated time and money, and speaking engagements. Find out what we've been up to lately!