Now is the time of year to make personal, business, and family resolutions for the coming year. While many personal resolutions such as “no more junk food” rarely come to fruition, the exercise of creating resolutions can be very useful. With the economic reset in place for the agriculture industry, there are several potential resolutions that may be beneficial for next year. [Read more…]
Archives for January 2016
Farm Credit Illinois recently hired Heidi Sniderwin as a sales and service specialist at the Marion regional office. The Marion office serves farm families and rural landowners in Alexander, Gallatin, Hardin, Johnson, Massac, Pope, Pulaski, Saline, Union, and Williamson Counties.
Sniderwin graduated from Sesser-Vailier High School before attending Rend Lake College. She spent 13 years working in sales prior to joining the Farm Credit team, most recently as a marketing representative for the Royalty Capital Corporation. Sniderwin and her husband, Andrew, and their one-year-old son, Holland, reside on their family farm in Thompsonville, growing corn, beans, and wheat and housing a small hog operation.
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Farm Credit Illinois is a farmer owned and directed agricultural lending cooperative serving 8,500 farm families, agribusinesses, and rural landowners in the southern 60 counties of Illinois with competitive and flexible financing and crop insurance expertise. The Association manages a $4 billion loan portfolio, sells 1.4 million acres of crop insurance coverage, and employs 210 staff based in the Mahomet central office and 14 regional office locations. The U.S. Farm Credit System supports rural communities, farm families, and agriculture with reliable, consistent credit and financial services today and tomorrow.
Farm Credit Illinois recently welcomed Kelly Duitsman Loschen, CPA as senior vice president and chief financial officer-designate at the cooperative’s Mahomet headquarters.
Loschen grew up on her family’s grain farm and graduated from St. Joseph Ogden High School before receiving her bachelor’s degree in accounting from the University of Illinois at Urbana-Champaign. Prior to joining the FCI team, she spent 16 years at Martin, Hood, Friese & Associates in Champaign.
She is a member of the American Institute of Certified Public Accountants, Illinois Certified Public Accountants Society, Executive Club of Champaign County, and is the Treasurer of the Champaign-Urbana Schools Foundation. She resides in Champaign with her two daughters – Avery and Annie. [Read more…]
Farm Credit Illinois recently hired Andrew Alton as a vice president and loan officer at the Sherman regional office. The Sherman office serves farm families and rural landowners in Logan, Menard, and Sangamon Counties.
Alton graduated from Rochester High School before receiving his bachelor’s degree in agricultural consumer economics, concentrating in ag finance, from the University of Illinois at Urbana-Champaign. He spent four years working for the Bank of Springfield as a credit analyst and four more at Rabo AgriFinance as a relationship analyst before joining the Farm Credit team. Alton and his fiancé, Erin Tumulty, reside in Sherman and are set to be married in July. [Read more…]
Farm Credit Illinois credited interest charged on operating loans during November back to the loan for more than 2,800 members – accumulating a near $1 million of total interest credit.
This special “Season of Gratitude” program was automatically applied to existing FCI operating loans on balances up to $250,000. FCI members holding operating loans can look to their December statements for this sign of thanks for their cooperative membership.
“Farm Credit Illinois appreciates each farm family, rural landowner, and agribusiness who comprise our cooperative membership,” says Tom Tracy, FCI President & CEO. “With a cooperative spirit in this season of gratitude, we are proud to give back a portion of the year’s success with our members.” [Read more…]