FCS Financial: One Hundred Years July 2016 | Page 41
The 1950s were a time of domestic peace and
tranquility, a time of postwar prosperity. Farmers
were increasingly using the more sophisticated,
laborsaving equipment made possible now that
war production was no longer needed. The
new approaches to farming required credit for
purchasing machinery, supplies, additional
labor, and of course, land. Both the banks and
the associations had to change and grow as
well in order to keep pace with the credit needs
of agriculture. They were encouraged to raise
their profile, becoming focal points in their
communities by participating in social and
business activities.
No one is too young to start planning their
financial future with the Farm Credit System.
The Jefferson City Production Credit Association board members proudly announce a
$60,000 payment to Production Credi t Corporation of St. Louis, thus paying back the
last of the government funds in 1955. At left is George Hill, president; third is Al Horner
from Jefferson City; fourth is William Charles of Mexico; and on far right is Miller Hern
of Rocheport/Columbia.
The Glory Years
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