Looking Back,
Moving Forward

CEO, Doug Thiessen

This past year, Alabama Ag Credit celebrated the 100th anniversary of the Farm Credit System. Few businesses ever reach the century milestone, so we are extremely proud of that achievement. But, does that really matter to all of us today, or did we just have a huge birthday party in 2016?

The answer to that question is rooted in so many of you. Over the past year, your stories have been a wonderful walk down memory lane. You told us of how earlier generations used Farm Credit to buy their first piece of land. You described days gone by when farm families needed a true friend to agriculture and forestry, and Farm Credit was there for you. You shared memorabilia including old photos, loan documents and Farm Credit signs that had been stored away in a closet or sitting in a box in your garage or barn. Sometimes, you didn’t know why you kept it all, but we hope you did because it is significant to you. We appreciate your sharing both your stories and memorabilia with all of us.

As a result, we all got to celebrate your experiences and the contributions Farm Credit has made to you and your family over the years. What emerges is a picture of relationships that extend well beyond financing. We at Alabama Ag Credit often refer to our memberborrowers, board of directors and employees as a Farm Credit family. We live and work in the communities we serve, which establishes strong bonds and long-lasting friendships. Yes, these are relationships we celebrate.

Farm Credit has evolved over the past century to keep pace with the dramatic changes that have occurred in agriculture and forestry. And, as we gaze into our crystal ball, the vision for the next 100 years may not be completely predictable, but two things are clear — change will be all around us, and the need will still exist for Farm Credit to be that reliable and consistent source of credit, operating in the best interests of our member-borrowers.

This past year wasn’t just a birthday party for Farm Credit. It was a true year of reflection and celebration of how Farm Credit has served its mission for a century. Your personal stories show just how important that is to all of us. Alabama Ag Credit is honored to have helped generations of families for 100 years, and we look forward to serving future generations for the next 100.

CEO signature

Douglas Thiessen
Chief Executive Officer