July 19, 2017
Farm Credit Financial Partners (FPI) is pleased to announce the successful technical integration of AgCountry Farm Credit Services and United Farm Credit Services. The integration was completed for the legal merger effective July 1, 2017. The conversion took place over the July 4th weekend, and the systems were ready for business as the branches opened as a newly merged company.
The combined organization, with $7.2B in assets, operates 38 branches in Minnesota, North Dakota, and Wisconsin. The conversion of United to AgCountry’s FPI platform required coordination across six stakeholders including the merging entities, funding banks and technology providers. The technology conversion was planned and executed within the twelve month timeframe of the original merger announcement.
Bob Bahl, President and CEO of AgCountry stated, “Things really did go well. Everyone should be extremely proud of the application data conversion. This can only be contributed to great team work, perseverance, and a passion for perfection by all who worked on the data conversion.”
“A successful technical merger of two financial services organizations is a complex project requiring experienced planning and precise execution. I am very proud of the FPI, AgCountry and United teams. The high quality result was achieved through their professionalism and hard work,” stated Howard Bruck, President and CEO of FPI.
The newly merged AgCountry will continue to be serviced by FPI’s robust infrastructure and application services.