Supporting Your Dreams
The Board of Directors is elected by the membership in the cooperative style of "One member – One vote." Each member, regardless of size, has an equal say in the governing body of the Association.
The Association shall have a board of seven directors, two of whom shall be appointed as outside directors. No individual may be elected or continue to serve as a director unless he or she is a holder of Class C voting Common Stock of the Association, is in compliance with the Regulations, is a bona fide farmer, rancher, or producer or harvester of aquatic products and either resides or farms in the Association’s chartered territory.
If a director’s Class C Common is converted to Class B Common Stock during his or her term, such director may nevertheless complete the term for which he or she was elected or appointed. (Association Bylaws-Section V)
Pursuant to the Agricultural Credit Act of 1987 and in compliance with Association Bylaws, the Association Board of Directors elected members to the Board who are not directors, officers, employees or shareholders of any Farm Credit System institution.