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NEWS RELEASE

April 9, 2007    

Contact: Karen Walters (309) 268-0254

Dinderman joins

1st Farm Credit Services

 

NORMAL - 1st Farm Credit Services is pleased to welcome Kevin P. Uden as Vice President of Rural Investments to the central office in Normal. He will serve as the program leader responsible for the implementation of the Agriculture and Rural Community Investment Bond program.

 

1st FCS is piloting the new bond program, which was created last year  by the Farm Credit Administration to help support rural America. The program is designed to improve the economic well being of rural communities in the areas of agriculture and agribusiness, rural housing and infrastructure, essential community facilities and rural community revitalization.

 

Uden has more than 23 years of experience in agricultural and commercial lending. He previously worked for FCS in Western Illinois, AgriBank and at a community bank, before joining 1st FCS.

 

“Being back at FCS is exciting to me as old friendships and working relationships are reaffirmed and new ones are established with all the new faces at 1st FCS,” he said. “I have a long standing commitment to agriculture and rural communities; my entire career has been devoted to helping rural America.”

 

Uden was raised on a grain and livestock farm near Thomasboro, in Champaign County. He also currently manages his mother’s farm enterprise.

 

He is a graduate of Illinois State University with a degree in agriculture.

 

Uden lives in Mahomet with his wife, Karen. They have a son, Tyler, 23, who is working on his advanced degree in Ag-Economics at the University of Illinois.

1st Farm Credit Services leads the industry in farm real estate loans, and provides various services such as crop insurance, loan and lease options, as well as agricultural real estate appraisals. The cooperative serves 42 counties in the northern half of Illinois through its 20 local offices.

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