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.'
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CONTACT:
Liz Koehler
217-590-2114
liz.koehler@farmcreditIL.com
Print Press Release
Farm Credit System issued this content on 2016-01-04 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-04 18:17:31 UTC
Original Document: http://www.farmcreditnetwork.com/newsroom/press-releases/farm-credit-returns-nearly-1-million-to-farmers
