Remembering 100 Years of Farm Credit

By Karen Macdonald - December 29, 2016

In July 2016, Farm Credit marked 100 years of support for rural communities and agriculture, a milestone celebrated throughout the year and now drawing to a close. To summarize, here are some highlights from Farm Credit’s year-long centennial celebration:

  • President Barack Obama released a statement acknowledging Farm Credit’s “integral role in local economies across the United States.”
  • 183 members of U.S. House of Representatives co-sponsored a bill “commending the cooperative owners and the employees of the Farm Credit System for their continuing service in meeting the credit and financial-services needs of rural communities and agriculture.” In addition, the House held a special session in June where members shared messages of support for Farm Credit.
  • A companion bill co-sponsored by 58 senators passed the U.S. Senate unanimously.
  • The Farm Credit 100 Fresh Perspectives program, a search for leaders working to enhance the future of rural communities and agriculture, garnered nearly 1,200 nominations.
  • The top 100 Fresh Perspectives honorees were recognized at a June luncheon, where Secretary of Agriculture Tom Vilsack said in his keynote remarks, “The rural communities and the farm community trusts Farm Credit to be there in the good times, but more importantly, in the tough times. Over the course of the last 100 years, that trust has been cemented.”
  • 14 states issued proclamations in support of Farm Credit and recognizing our service to local farmers and ranchers.
  • Media coverage of Farm Credit’s centennial since the celebration began yielded more than 1,500 news stories, reaching a potential audience of more than 960 million across all 50 states. Included was a special Farm Credit 100 issue published by industry publication AgriMarketing.
  • Farmers and ranchers across America joined the centennial celebration with their local Farm Credit organizations at industry and customer events, through special scholarship programs, and via activities ranging from photo contests to commemorative milk bottles to donating items for a new 50-year Farm Credit time capsule.

Farm Credit is grateful for this wellspring of support as we mark our 100-year milestone, and we look forward to continuing to support our communities and our customer-owners long into the future. Especially during this holiday season, as our fellow citizens celebrate Christmas, Hanukkah, Kwanzaa and New Year’s Day, we are especially grateful for the farmers and ranchers who work every day to feed our nation.