FCS Financial: One Hundred Years July 2016 | Page 14

Not long after the merger, FCS of Missouri’s leadership team debated the merits of yet another name change as a means of expanding its footprint in the changing agricultural credit market. Effective September 1, 2006, Farm Credit Services of Missouri became FCS Financial, ACA, cementing its brand as a full-service, broad-spectrum lender to agricultural interests. With the announcement, they proclaimed, “Our name is changing, but our values aren’t.” After a very successful 2006, they also began the patronage program under the terms of a resolution adopted in December of 2005. FCS Financial’s earnings grew again in 2007 and with net earnings of $37.6 million, they were able to distribute $3.7 million to their member-owners in 2008. During the summer of 2010, FCS Financial began developing a new business model they called segment-centric. Given their broad customer base, their strategic plan identified the distinctions between various market segments in order to better match customer needs with staff expertise. While large commercial In 2011, FCS Financial broke ground to build a new office in Macon. Shown here are Daryl Oldvader, James Nivens, Mark operations tended to prefer on-farm Pierce, Gene Rademacher, Daniel Hulse, David Meneely, Mark service where they have offices of their DeShon, Jim Zerr, Bill Wehmeyer, Dan