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Dresden man nominated for Farm Credit board

Dresden man nominated for Farm Credit board

Posted: Friday, September 28, 2012 12:00 am

Ten farmers have been nominated to fill five Board of Director positions at Farm Credit Mid-America, one of the largest agriculture lending cooperatives in the nation serving more than 95,000 farmers and agribusinesses throughout Indiana, Ohio, Kentucky and Tennessee.  Ballots were mailed to voting members last week, who have until Oct. 12 to cast their ballots.
Included on the ballot is Hugh Adams of Dresden. Adams is a grain production farmer. He holds a degree in agriculture and business from Mississippi State University. He recently retired from the Tennessee Farm Bureau, where he served 35 years as a Field Service Director. Adams was involved in the Weakley County Farm Bureau as a director and has been a member of the Tennessee Soybean Association and Tennessee Corn Growers Association for more than 25 years. He serves as a director for the West Tennessee River Basin Authority and currently sits on the Dresden Farm Credit Advisory Committee.
“One of the core values of a cooperative is customers have an equal say in decisions that impact how their association is run. Those decisions are voiced through their elected representatives underscoring the importance of participating in the election process,” said George Stebbins, chair of Farm Credit’s Board of Directors.
The board is comprised of 16 elected directors – four from each state the association serves.  Two independent directors also serve on the board. Directors meet monthly to set policy and provide overall direction for the association. Board terms are four years and one position per state is up for election each year.  This year, a fifth position with a two-year term, is on the ballet due to a vacancy left by Farm Credit Director Ernie Diggs of Tennessee who was elected to serve on the AgriBank Farm Credit Bank’s Board earlier this year.
On the same ballot, customers will elect members to the 2013 Farm Credit Nominating Committee. This committee is comprised of 20 members – five members from each state the association serves.  Representatives of the Nominating Committee will meet next June to select candidates for the 2013 elected positions. Published in The WCP 9.27.12