Farm Credit Illinois Passes Vision Milestone
-
October 7, 2020
Farm Credit Illinois exceeded the $5 billion mark of owned, managed, and collaborated volume as of July 31, 2020.
Five years ago, FCI launched Vision 2025 – a 10-year strategic plan. Several ambitious and tangible goals were set to help the cooperative achieve business success while delivering significance to member-borrowers and the 60-county marketplace. One significant Vision 2025 goal is to reach $7 billion of owned, managed, and collaborated volume by 2025 – which makes the $5 billion threshold an important milestone towards the 10-year goal.
Part of the cooperative’s diverse portfolio include collaborations with other Farm Credit Associations in the System including AgDirect equipment loans, ProPartners input financing, Rural 1st® lending for rural life, Capital Markets Group agribusiness loans, and Agri-Access secondary market agricultural financing.
Coupled with growth in local farm loans, the income from these collaborations give FCI the ability to sustain and grow borrower-owners’ value proposition through low upfront pricing and robust member programs.
-
Tag Cloud
Weather Outlook 4-H Weather employees Land Classes Essentials Newsletter Land Values rural marketplace investment appraisals patronage Farm Credit College farmland auctions Farm Dr David Kohl Auction Results FFA grants Community Improvement Grants land sales Education FOMC KOHL-laborations Interest Rates scholarships