Archived News

Illinois Ag Lender Reports Strong 2009 -- March 2, 2010
NORMAL – 1st Farm Credit Services, Illinois’ largest agricultural lender, had continued growth and success in 2009. The Normal-based association ended 2009 with more than $500 million in capital, strong earnings, increased patronage paid to stockholders and continued growth in the number of clients served, loan volume and crop insurance acres insured. Read More ...

CLIENTS TO RECEIVE PATRONAGE -- February 23, 2010
NORMAL –1st Farm Credit Services remains strong and successful, and is once again passing on a portion of it profits to clients. More than $3.8 million will be returned to clients through the association’s Patronage Program. During the four years of the program, a total of $13.8 million has been returned to clients. Read More ...

NEW LEADERS NAMED TO BOARD -- February 17, 2010
NORMAL – Two new members have been named to and three were re-elected to the 1st Farm Credit Services Board of Directors. Read More ...

1st Farm Credit Services Helps Clients Save More Than $6 million -- September  2009
DECATUR –  1st Farm Credit Services has worked with farmers in Illinois to save them more than $6 million, by taking advantage of lower interest rates to adjust the terms of their loans. Read More ...

4-H Community Improvement Grants Supported by 1st Farm Credit Services -- August 2009
NORMAL – 4-H Clubs across the state received Sharing a Vision for Healthy Communities program grants, sponsored in part by 1st Farm Credit Services. Read More ...

ASSOCIATION’S LOAN PATRONAGE PROGRAM TO CONTINUE -- April 2009
NORMAL – 1st Farm Credit Services will maintain its Patronage Program, as a way to share profits with loan and lease client-owners. The association plans to continue the program as currently implemented, which shares profits with patronage-eligible loan and lease clients. Read More ...

ASSOCIATION REMAINS STRONG IN 2008 -- March 2009
NORMAL – 1st Farm Credit Services reported another outstanding year in 2008. The Normal-based association reported a net income from core operations of more than $51 million, the largest in the association’s history.  View Annual Report  Read More ...

"At The Heart Of A Growing America" Scholarship Winners Announced -- March 2009
On behalf of the directors, clients and team members of 1st Farm Credit Services, we are pleased to announce the recipients of the 2009 “At The Heart Of A Growing America” Scholarships. A total of 24 students were selected, based on an outstanding combination of academic achievement, community and agricultural youth organization involvement and essays. Read More ...

1st Farm Credit Services Retains Preferred Lender Status -- March 2009
NORMAL – 1st Farm Credit Services has been named to the Preferred Lender Program from the United States Department of Agriculture through 2014. Read More ...

NEW DIRECTOR NAMED TO BOARD -- January 2009
NORMAL – Jeffery P. Austman of Forrest has been elected to the 1st Farm Credit Services Board of Directors. Read More ...

ASSOCIATION SURPASSES $3 BILLION - August 2008
NORMAL – 1st Farm Credit Services ended the first half of 2008 with record numbers and client satisfaction. Read More ...

 

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