Supplement dated November 1, 2000
To Prospectus dated September 21, 1998
As of November 1, 2000, the issuer, Agway Financial Corporation, approved the
following changes:
Subordinated Money Market Certificates originally due October
31, 2013: rates increased from 6.75% to 8.50% and from 7.00% to 8.75%, due date
changed to October 31, 2015, and
authorized principal amount increased from $30,000,000 to $35,000,000.
Subordinated Member Money Market Certificates originally due October
31, 2013: rates increased from 7.25% to 9.00% and from 7.50% to 9.25%, due date
changed to October 31, 2015, and authorized principal amount decreased from
$80,000,000 to $75,000,000.
Subordinated money Market Certificates due October 31, 2004: rate
increased from 7.75% to 9.50%, and authorized principal amount decreased from
$40,000,000 to $30,000,000.
Subordinated Money Market Certificates originally due October 31, 2006:
rate increased from 8.00% to 9.75%, due date changed to October 31, 2009, and
authorized principal amount increased from $50,000,000 to $60,000,000.
The original principal amount of Subordinated Money Market Certificates
registered under the Securities Act of 1933 pursuant to the foregoing
registration statement is unchanged.
