Loyd Retires From Farm Credit After 33 Years

Mike Loyd is retiring from Farm Credit Illinois Nov. 30, after 33 years with the Farm Credit System. Loyd most recently served as vice president of marketplace initiatives based at the financial cooperative’s headquarters in Mahomet.

Mike Loyd

At the beginning of his Farm Credit career, Loyd worked at the Farm Credit Bank of St. Louis as the marketing supervisor and played a lead role in communicating the merger of the Farm Credit Banks of St. Louis and St. Paul that formed AgriBank in 1992. After two years consulting for AgriBank in St. Paul, Minn., Loyd transitioned to the marketing department for Farm Credit Services of Southeastern Illinois in Mt. Vernon, Ill., in 1995. When the Southeastern and Central Illinois Associations moved to joint management in 1999, Loyd provided communications leadership and was named the head of marketing department in the newly formed Association in 2001, which eventually became Farm Credit Illinois.

Loyd and his wife Candy reside in rural Mansfield. Mike has one daughter: Lindsey, two step-children: Carrie and Tyler, and three step-grandchildren: Logan, Finn, and Avery. The Farm Credit Illinois team is grateful for Loyd’s leadership and service to farm families and rural communities.

Farm Credit Illinois is a farmer-owned and directed agricultural lending cooperative serving 11,000 farm families, agribusinesses, and rural landowners in the southern 60 counties of Illinois with competitive and flexible financing and crop insurance expertise. The Association manages a $4.2 billion loan portfolio, sells 1.4 million acres of crop insurance coverage, and employs 220 staff based in the Mahomet central office and 14 regional office locations. The U.S. Farm Credit System supports rural communities, farm families, and agriculture with reliable, consistent credit and financial services today and tomorrow.

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