Jeffrey Austman of Forrest has been named 1st Farm Credit Services Board of Directors Chairperson. The board also named Roger Schrodt of Galesburg vice chairperson.
The 15-member board appointed Austman and Schrodt to the positions in January. They will serve in the post for one year.
Austman has a corn and soybean operation. He serves as a board member for the Prairie Central Board of Education. He also serves as board chairperson for the Gibson Area Hospital Foundation. Austman served on the Business Operations and Risk Committee. He has served on the Board since 2008 and his term expires in 2016.
Schrodt has a corn and soybean operation. He is a Knox County Farm Bureau member. He served as a director on the AgriBank District Farm Credit Council Board. Schrodt is the Vice Chairperson of the Executive Committee and Chairperson of the Government Affairs Committee. He also served on both the Business Operations and Risk and Government Affairs committees. He has served on the Board since 2000 and his term expires in 2014.
The board meets regularly to set policy and business direction and to monitor and evaluate operations of the farmer-owned cooperative.
Source: 1st Farm Credit