Source: John Deere

Deere & Company is introducing a new name — John Deere Financial — for its business unit that offers credit and other financial services. The change is being made to better represent the full breadth of products and services offered by the business. It had previously been known as John Deere Credit.


"John Deere Financial remains committed to providing products and services that help customers, dealers and others succeed around the world," said Jim Israel, president of Deere & Company's Worldwide Financial Services Division. An example of this growth, he said, came earlier this year when Deere established John Deere Insurance Company to strengthen the company's position in the crop insurance industry.

Original news release