Farm Credit Celebrates 100 Years
Farm Credit Celebrates 100 Years of Service to America’s Farmers and Rural Communities
Farm Credit East recognizes the 100th anniversary of the founding of the Farm Credit System and its story of commitment to agriculture and rural America. It also acknowledges the hard-working farmers, commercial fishermen and forest products producers that have enabled the System to reach this important milestone.
“As we mark our centennial this summer, we honor our members’ productivity, efficiency and drive to succeed,” said Bill Lipinski, Farm Credit East CEO. “The Farm Credit System provides producers with a different type of lender – one owned by its customers, expert in the industries it serves and a commitment to serve those industries.”
The Farm Credit System was established July 17, 1916 with the signing of the Federal Farm Loan Act by President Woodrow Wilson. It was founded on the tenets of customer-ownership and governance, expertise in and dedication to the industries served, commitment to borrower success and focus on customer value. While the System has evolved over the past century to meet the changing needs of the agriculture industries it serves, these founding tenets remain the cooperative’s driving force.