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Agrivest, Inc.
Company Background |
Employee-owners at your service!
On March 15, 2000 seven employees of Mercantile Bank's
"FFGAgrivest" purchased the company's farm management and real estate
sales division. The new owners emerged as an employee-owned business under
the corporate name "Agrivest, Inc." Since the formation of Agrivest, Inc.
these seven shareholders have been hard at work shaping the second century
of service provided by the company and its predecessors.
The best thing about the "new" Agrivest is that it
looks a lot like the old Agrivest. With over 100 years of history in the
farm management business, Agrivest's roots run deep in Illinois agriculture.
Beginning in the early 1900's as a part of Trust Services in the First
National Bank of Springfield, First Trust Bank in Taylorville and Elliott
State Bank of Jacksonville, the "new" Agrivest is embarking on a path that
promises its clients stability and continuity in this age of bank mega-mergers.
The clients of Agrivest have come to personally rely
on the seasoned professionals that have been in their roles for nearly
two decades or more. Therefore, it was a natural progression to place the
company in the hands of the very people who know it best. Agrivest's largest
client, in aggregate, is US Bank's Trust Department (formerly Mercantile/Firstar),
a relationship that allows the bank and Agrivest to maintain a close association.
Most importantly, the new structure has provided Agrivest the freedom to
more efficiently adapt to new opportunities that production agriculture
and professional farm management may present.
Did the company transition mean changes for Agrivest
clients? Quite the contrary! The progression from FFG Agrivest to Agrivest,
Inc. was virutally transparent because the existing operation already effectively
provided value to our clients.
Many features make Agrivest a great company, old or
new, but the most immediate improvement was the debut of dedicated fam
management software. Certain benefits were capitalized upon by moving the
data function, including check processing and statement generation, within
Agrivest. With specific rcgard to statements and other financial reports,
we are able to customize and modify layouts to keep pace with tax forms
and exceed client expectations of analysis.
The features of our professional service our clients
have come to rely on remain essentially unchanged. It is ironic how lack
of change can be such a change of pace in a time of mind-boggling consolidation
in the financial serviccs industry. The Agrivest name and magnolia leaf
logo signify strength and growth and the logo is reminiscent of the front
of a one-dollar bill. After all, nurturing crops and financial goals is
what Agrivest is all about. |