Board of Directors
Farm Credit Southeast Missouri is comprised of three organizations: Farm Credit Southeast Missouri, Agricultural Credit Association (ACA) is the holding company, with two subsidiaries: Farm Credit Southeast Missouri, Federal Land Credit Association (FLCA) and Farm Credit Southeast Missouri, Production Credit Association (PCA).
The three organizations are jointly managed and share the same group of knowledgeable staff members and the same nine member local board of directors, seven elected by the members (borrowers) and two board-appointed "outside" directors. The elected directors are fellow Southeast Missouri farmers and Farm Credit Southeast Missouri customers. The board-appointed outside directors, by regulation, cannot be customers of the Association.
The Board of Directors sets Association policy and provides direction to management; however it does not make credit decisions on individual loans. The Board meets every month to review operating results.
The current Board of Directors includes:
Mark Yarbro, Chairman
Term of Office: 1998 - 2019; Poplar Bluff branch office
Poplar Bluff, MO
Mark produces rice, soybeans and wheat and is a part-time pharmacist.
Darrell Nichols, Vice-Chairman
Term of Office: 1996 - 2020; Sikeston branch office
Darrell produces wheat, corn, rice, milo, soybeans and wheat beans.
Term of Office: 2012 - 2018; Jackson branch office
Mike produces corn, soybeans, wheat, and raises cattle.
Ed C. Marshall III
Term of Office: 2005 - 2020; Mississippi County branch office
Ed raises soybeans, wheat, and milo on his Mississippi County
and Stoddard County farms.
Term of Office: 2010 - 2019; Portageville branch office
Jim produces rice, cotton, corn, and soybeans in partnership with his brother.
Term of Office: 1998 - 2020; Dexter branch office
John raises cotton, corn and soybeans and is a DeKalb seed dealer.
Term of Office: 2012 - 2018; Kennett branch office
Marty is a third generation farmer who produces corn and soybeans.
Jennifer Hendrickson, Outside Director
Term of Office: 2013 - 2018
Cape Girardeau, MO
Jennifer is President of Hendrickson Business Advisors, a marketing and management
consulting firm in Cape Girardeau, MO.
Philip Showmaker, Outside Director
Term of Office: 2011 - 2019
Phil is a practicing CPA with the firm of Clay, Showmaker, & Clay, LLP, CPAs
and is a partner at Clay and Showmaker Financial Services in Sikeston, MO.