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 37