100 Years of Customer Satisfaction
In 2016, GreenStone commemorated 100 years. The Farm Credit System was established July 17, 1916 when President Wilson signed the Federal Farm Loan Act into law. Almost one year later the first long-term, low interest amortized agricultural loan was made on April 10, 1917 in Larned, Kansas. As the years marched on, Farm Credit was there supporting our nation’s farmers.
As the face of agriculture changed, so did we. The merger of four regional Farm Credit Associations in Michigan into one association in January 2000, and the merger of the Upper Peninsula and northeast Wisconsin in January 2003 reflects that. Through it all, we have stood the test of time, supporting rural communities and agriculture, solidifying our reputation as a stable and reliable financial institution.
We acknowledge and honor our long history, yet this anniversary is certainly not all about reflecting on the past. Today’s rural communities are innovative, expanding and active, and we are evolving to meet their needs. From technology advancements to innovative community outreach, we are advancing the way we provide service to you and the communities we call home. And we are doing it in a responsible and financially dependable way to ensure we are here to celebrate the next 100 years with you as well.
The launch of GreenStone’s CultivateGrowth Mentorship program is one way we are fostering that focus on the future. The inaugural class of the program includes eight mentor and mentee pairs from across our territory, allowing seasoned professionals to pass on their knowledge to the next generation of farmers. We appreciate the vision and commitment it takes to remain successful over time in agriculture and constantly evolving rural industries, and we are pleased to be the conduit that will help share that vision, passion and knowledge. We believe the future of our industry will be defined by individual fresh perspectives, and we will do what we can to nurture that growing entrepreneurial spirit.
What began as the Federal Farm Loan Act of 1916 has grown into a successful financial network supporting rural communities and agriculture. The last 100 years have set us on a path that leads to even greater events to come. As we look forward to the next century, we are proud to be part of this legacy – your legacy – of providing the food, fuel and fiber that keeps America running.
Farm Credit 100
Visit FarmCredit.com to learn more about the history of the Farm Credit System in America through an interactive timeline and historical archive. You will also find stories from farmers around the country and learn how Farm Credit is celebrating those innovators who are shaping our rural future.