Illinois Ag Lender Reports Strong 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 ...
2009 Annual Report
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Association Pays $3.8 Million in PatronageNORMAL –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.
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Annual Meeting Election Results
Client-owners of 1st Farm Credit Services voted in December on Board of Director Positions. Owners re-elected David Keller, Kevin Aves and John Schmitt to another four-year term.
David H. Peters was elected to the board for the first time. He replaces retiring director John Delaney.
Biographies are available on the Board of Directors Page.