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Employee-owners
at your service!
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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. 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 virtually 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 farm management software. Certain
benefits were capitalized upon by moving the data function, including check
processing and statement generation, within Agrivest. With specific regard
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 services
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. |