Farm Credit Services of America will close four of its regional credit offices, but a spokesman says customers probably won’t notice. Forty-three customer-service offices will operate as usual in the Midwest, despite the consolidation of offices in Cedar Falls, Sioux Falls South Dakota, Lincoln Nebraska, and Casper Wyoming.
Spokesman Brad Wright says they are consolidating because of technology updates at their headquarters in Omaha. Four internal credit facilities that don’t work directly with customers are affected, and their operations including credit decisions, filing, UCC documentation and other functions will be centralized at company headquarters in Omaha.
The four offices will all be closed by the end of July. Wright says 19 employees are affected in Sioux Falls, and a total of 80 in the four offices. Wright says employees who want can stay with the company. They’ll be eligible to move to Omaha, depending on their personal choice and career ambitions, and he says they’d have a chance to get a similar job at the central office. The company hopes to complete the move by the first of September.
Wright says the retail offices in those four cities are not effected by the cutbacks. Farm Credit Services of America is based in Omaha and has farm customers in Nebraska, Iowa, South Dakota and Wyoming.