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Lending Director Retires After 26-Year Tenure at Farm Credit

Farm Credit of the Virginias (FCV), a regional lending cooperative that serves Virginia, West Virginia and western Maryland, announced that Mike Jonas, lending director, will retire August 31, 2024 after 26 years with the Association.

Jonas is a Wytheville native and graduate of Radford University. He gained ten years of experience in commercial banking before joining Farm Credit as a loan officer in the Wytheville branch. Over the years, he advanced to several leadership positions, including branch manager, regional sales and lending manager, director of sales and marketing, and finally his current role of lending director, a position he’s held since early 2021. 

Reflecting on his time at Farm Credit, Jonas is proud of contributions he has made to the Association. “I am glad to have had the opportunity to hire some great people over the years, many of whom are now becoming key leaders within the Association.” When asked what he will miss most about Farm Credit, Jonas said, “I will miss the people I have worked with and our customer-owners.”

Michael Almond, chief lending officer, shared, “Mike’s steadfast commitment to Farm Credit and our customer-owners will be missed. His knowledge, passion and leadership have been great assets to the Association for more than two decades. Mike has been instrumental in establishing a strong foundation for lending success here at FCV and we look forward to building on that success going forward.”

Jonas is grateful to everyone who has been a part of his Farm Credit journey. He is looking forward to spending more time on his many hobbies, including traveling, golfing, fly fishing, cycling, hiking and woodworking.

About Farm Credit of the Virginias

Farm Credit of the Virginias provides over $2 billion dollars in financing to more than 12,000 farmers, agribusinesses and rural homeowners throughout Virginia, West Virginia and western Maryland. Farm Credit is a cooperative capitalized largely through investments made by farmers, ranchers and the rural homeowners and businesses that borrow from them.  In fact, as part of a nationwide network they are the largest single provider of agricultural credit in the United States and have been for over 100 years.  Farm Credit helps maintain and improve the quality of life in rural America and on the farm through its constant commitment to competitive lending, expert financial services and for facilitating and sharing knowledge and resources through the Farm Credit Knowledge Center. 

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