Santa Rosa Selected for New Rabo AgriFinance Office
A new yet somewhat familiar ag lender will open its doors for the first time in 10 cities across California – including Santa Rosa – on July 1. Signs on doors will feature the recognizable blue and orange logo icon of Rabobank, though the name will be slightly different: Rabo AgriFinance, which is a U.S. subsidiary of the global Rabobank Group. Rabo AgriFinance is solely focused on the financing needs of the food, agriculture, renewable energy and wine sectors.
Approximately 170 employees who currently support the food and agriculture portfolio at Rabobank, N.A. will become employees of Rabo AgriFinance as of July 1. This change is part of the merger announced earlier this year between Mechanics Bank and Rabobank, N.A. That includes 9 employees at the new Santa Rosa location. The vast majority of food, ag, wine and renewable energy clients will become customers of Rabo AgriFinance.
“We look forward to our California colleagues joining us and to serving our California-based clients in their important work of contributing to the safe, abundant food supply we enjoy,” says Curt Hudnutt, head of rural, North America at Rabo AgriFinance.
“The importance of agriculture to the local Santa Rosa economy was a factor in selecting the location,” Hudnutt adds. The new office’s address is: 2455 Bennett Valley Road, Suite A 112, Santa Rosa, CA 95404. Clients with questions should contact their relationship manager or call Rabo AgriFinance Customer Connect at 1-855-722-7766. Two existing Rabobank locations in Fresno and Salinas will become Rabo AgriFinance offices. New office locations are in the following cities: Bakersfield, Chico, El Centro, Modesto, Santa Maria, Santa Rosa, Visalia and Yuba City.
Once the transition is complete, Rabo AgriFinance will be the only U.S. lender to serve agriculture coast to coast by coupling local expertise with global sector knowledge. To learn more about Rabo AgriFinance and its comprehensive suite of financial solutions, go to www.RaboAg.com.
