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GROWMARK to Buy Country Financials' Buildings
USAgNet - 09/30/2022

Country Financial entered into an agreement today with GROWMARK, on the sale of the Financial Services Building, located at 1705 Towanda Ave in Bloomington, Illinois. The two organizations anticipate the sale to be finalized later this year.

GROWMARK and Country Financial both have rich histories with the Illinois Farm Bureau. The companies have worked alongside each other for more than 95 years to serve farmers and communities in Illinois and across the United States.

"Our companies maintain strong working relationships just as we have done since the inception of each organization," said Country Financial CEO Jim Jacobs. "As we review our desired workplace culture and corresponding space needs in a post COVID-19 world, we're excited that this transaction will allow us the opportunity to offer an enhanced in-person employee experience by bringing people together to collaborate and learn from each other on the IAA Building Campus (1701 Towanda Ave.)."

The opportunity also allows Country Financial to change its building footprint within the city of Bloomington while still maintaining a close working relationship with GROWMARK, as the agricultural cooperative takes ownership of the facility across the parking lot to serve as its new headquarters.

Country Financial employees located in the Financial Services Building are anticipated to move to other office locations in Bloomington while GROWMARK begins renovations on their new headquarters.


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