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Member-stockholders of 1st Farm
Credit Services, Normal, in mail balloting following the
agricultural credit and financial services organization's
annual meeting have re-elected three fellow
member-stockholders as directors, as well as electing a new
member to the board. The board of directors serves as the
policy-making body for the farmer-owned cooperative.
Re-elected to serve four-year terms
on the 1st Farm Credit Services, ACA board are Rod McGaughey,
Carthage; Roger Schrodt, Galesburg; and Craig Stewart,
Yorkville. Elected to serve a four-year term is Michael Pratt,
Dixon. Pratt succeeds Donald Foerder, Annawan, who retired
from the board.
McGaughey farms 443 acres in Hancock
County, raising corn, soybeans and hay. He also has a cow/calf
herd. He has been a Farm Credit Services client for 22 years
and has served as a director since 1986.
Schrodt operates 1,350 acres in Knox
County, producing corn and soybeans. He also runs a trucking
operation and is a seed dealer. He has been a Farm Credit
Services client for 12 years and has served as a director
since 2000.
Stewart farms 2,200 acres of corn
and soybeans with family members in Kendall County. He has
been a Farm Credit Services client for 26 years and has served
on the board since 1998.
Pratt raises corn, soybeans and seed
corn on 3,955 acres with his sons in Lee County. He has been a
Farm Credit Services client for 21 years.
Other directors of the 1st
Farm Credit Services, ACA board are John Schmitt, Ursa,
chairman; Kevin Aves, Kirkland, vice chairman; John Baylor,
Cuba; Andrew Benoit, Bourbonnais; Wayne Carstens, Long Point;
John Delaney, El Paso; Larry Fischer, Pittsfield; William
Flynn, Davis; Robert Jackson, DeKalb; David Keller, Mt.
Carroll; Mike Menold, Princeville; Roger Newell, Williamsfield;
Leland Strom, Elgin; and James Yerkey, Atkinson.
Elected by 1st Farm Credit Services’
member-stockholders to the 2003 nominating committee are: Ken
McKee, Varna; Scott Kiefer, Gridley; Steve Rapp, Pontiac;
David Oppold, Stockton; Larry Larson, Pecatonica; Cade
Bushnell, Stillman Valley; Fred Nightingale, Orion; Terry E.
Avery, Gladstone; Russell Emken, Maquon; Don Meier, Poplar
Grove; Rober C. Hughes, Woodstock; and Ronald Frieders,
Waterman.
Elected as nominating committee
alternates are: Ed Dwyer, Secor; John Freshour, Bloomington;
Ronald Aupperle, Pontiac; Thomas Gilmour, Orangeville; Richard
Beuth, Leaf River; Gary Ohlinger, Esmond; Randy Marston, Joy;
Jim Link, Victoria; Joey Tusek, Yates City; Marshall Newhouse,
Capron; Patrick R. Fritz, Harvard; and Dezeri Deraedt,
Hampshire.
1st Farm Credit Services,
headquartered in Normal, is Illinois’ largest -- and the
nation’s 12th largest – agricultural financial services
business with more than $1.5 billion in assets. It serves more
than 8,500 agricultural producers and other agribusinesses in
42 counties in northern, central and western Illinois through
23 offices. Those offices can be reached at 1-800-444-FARM or
through the organization’s Internet web site at
www.usfarmcredit.com.
1st Farm Credit Services is the
leading provider of farm real estate financing; revolving
operating loans linked with a money market investment account;
equipment and building leasing and loans; farm appraisals; and
Crop Revenue Coverage (CRC), multi-peril, crop hail and credit
life insurances.
Farm Credit Services, rural
America’s client-owned partner for more than 85 years, helps
maintain and improve the quality of life in rural America and
on the farm through its constant commitment to competitive
lending, expert financial services and advice, and a feeling
of partnership with its clients. |
