November 20, 2014 10:09 PM ET

Diversified Financial Services

Company Overview of Greenstone Farm Credit Services ACA

Company Overview

Greenstone Farm Credit Services ACA provides financial services to the agricultural industry. It offers short, intermediate, and long-term loans; new and used agricultural equipment, facility, vehicles, real estate, and breeding livestock loans; loans for daily business operations; equipment and building leasing services; and crop and life insurance, disability insurance, tax, appraisal, accounting, commercial credit card, farm cash management, and funds held services. The company also offers home site, construction, recreational land, and part-time farming loans. In addition, it offers residential and country home loans providing lending products for the purchase, improvement, construction,...

3515 West Road

East Lansing, MI 48823

United States

Founded in 1917





Key Executives for Greenstone Farm Credit Services ACA

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Senior Vice President of Operations
Chief Information Officer
Chief Legal Counsel and Executive Vice President
Age: 56
Compensation as of Fiscal Year 2014.

Greenstone Farm Credit Services ACA Key Developments

Greenstone Farm Credit Services Appoints David Carpenter as Vice President with Commercial Lending Unit

Greenstone Farm Credit Services ACA appointed David Carpenter as a vice president for commercial lending unit. In his new role, he will specialize in assisting large cash crop operations with lending and financial services needs. David’s previous experience as a financial services officer and his knowledge of GreenStone’s product and services will make this transition seamless for customers. Carpenter began his career with GreenStone’s Alma branch in 1999. As a financial services officer for more than 15 years, he focused on ensuring agricultural customers’ lending needs were met by offering financial solutions such as real estate, equipment and operating loans and lease financing.

Greenstone Farm Credit Services Announces Earnings Results for the Six Months Ended June 30, 2014

Greenstone Farm Credit Services announced earnings results for the six months ended June 30, 2014. For the period, the company reported net income totaled $71.9 million compared to $65.6 million for the same period last year. Net interest income increased 3.5 year-to-date compared to same period last year.

GreenStone Farm Credit Services Announces Executive Appointments

The members of GreenStone Farm Credit Services have elected four individuals to the cooperative's board of directors, including one new board member. In voting Region 3 (southeast Michigan), Wm. Hank Choate from Jackson County joins the board of directors, Additionally, GreenStone's members elected 17 individuals to serve on the cooperative's nominating committee. The nominating committee is comprised of GreenStone members from throughout the organization's territory who are tasked with recruiting candidates for the following year's board elections and nominating committee. The 2015 nominating committee includes from voting Region I: Derek LeCronier, Bay County; and Craig Merrell, Midland County; from Region II: Richard Mark Lauwers, Lapeer County; and David Thuemmel, Huron County; from Region III: Larry Bush, Lenawee County; and Dennis Huehl, Washtenaw County; from Region IV: Lori Drozd, Allegan County; and David High, Cass County; from Region V: Steve Bovee, Gratiot County; Mark Chaffin, Gratiot County; and Michael Rasmussen, Montcalm County; from Region VI: James J.P. Clover, Ionia County; Amanda Mandy Teachworth, Ionia County; and Eric Voisinet, Clinton County; from Region VII: Daniel Natzke, Brown County; Alan Tauchen, Shawano County; and Henry "Hank" Wagner, Shawano County.

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