Issue 2 - 2018

KOHL-laborations       
Beneficial Practices in Today's Economic Environment



Before considering innovative ideas to implement during these more challenging economic times, it is critical to first go back to basic fundamental business practices. Each business has unique needs. Closely evaluate your own business circumstances and personal situation with a focus on the basics.


Introducing FCI's 2018 Agriculture Scholars
High School Seniors Pursuing Ag Careers Selected 

Thirty high school seniors were awarded $2,000 towards their college education. Since the scholarship program's start in 2004, 329 college students pursuing agricultural careers have received a total of $400,000 in FCI scholarships.

Four Financial Statements Young & Beginning Farmers Should Prepare
Equip Yourself Before Applying For a Loan


Starting a farm takes capital, but accessing it can be a challenge for young and beginning farmers. Preparing for the first lender meeting can smooth the way to building a long-term relationship.


Community Improvement Grants Awarded
Lending Support for Healthy Rural Communities

Sunny Side Flea Flickers 4-H Club, 2017 Recipient

Fifty 4-H clubs and FFA chapters were presented with $400 grants to make tangible improvements in their local communities. Nearly $110,000 in grant funds have been invested since the program's start in 2008.

Stockholder Leadership Opportunities
Ever considered serving on Farm Credit's nominating committee or board of directors? If so, the 2018 Nominating Committee wants to know. Fill out a candidate interest form to submit your name and information by July 15. Following the deadline, the committee will review potential candidates to present at the Association's 2018 annual meeting.

2018 Farm Credit Illinois Board of Directors

INTERESTing Times      
Are You At Risk of Becoming a Frog in a Pot of
Warming Water?


With the Fed increasing rates with no sign of stopping until they reach their long-term projection, how can you be proactive to avoid an unsavory fate?



Opiod Misuse in Rural America
USDA Focused on Facilitating Prosperity

Every part of the country has been affected by opioid misuse, but rural communities have been hit the hardest according to USDA Rural Development. With a concern for quality of life and economic opportunity, USDA is partnering to strengthen local responses to the opioid epidemic in Rural America with improved access to mental and behavioral health care - particularly prevention, treatment, and recovery resources.

Attention Online Banking Users
Ensure Transition to New Technology Platform 

FCI's information technology platform is being converted Aug. 17, 2018. Current online banking users must verify their current email address in the personal profile section of FCI's online banking so they will have access to the new platform Aug. 20. All users should be sure their email is accurate in their online banking profile by July 31. Additionally, Inuit Quickbooks will no longer be available for use within FCI's online banking after July 31. Contact your local office with any questions or concerns.

 
Essentials   Raffle & Reactions
Enter to Win One of Ten NOAA Weather Radios
Drawing to be held April 20


Here's a chance to win an 'essential' to keep handy during the Illinois storm season. The weather radio is am AM/FM NOAA weather alert radio with a powerful flashlight.



Congratulations to the winners of the jump starter units following Issue 1 of 2018.
  • Chris Apke of Cumberland County
  • Chris Dauderman of Madison County
  • Eric Hansen of Greene County
  • Jerry Kaeb of Iroquois County
  • Kathie Stevens of Sangamon County
  • Kimberly Carso of Franklin County
  • Lane Curten of Randolph County
  • Samantha Parkhill of Champaign County
  • Shawn Cochran of Edgar County
  • Susan Bergbower of Jasper County

In Issue 1 of Essentials, readers were asked to predict when their planting season would commence. Here are the results from 106 respondents.

 
Staff in the Spotlight
Welcome Aboard & Milestones


Meet FCI's newest team members and employees who reached significant milestones in their years of service to members and rural communities.


Farm Credit Illinois | 877.327.6345 | info@farmcreditIL.com | www.farmcreditIL.com
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