Discover Farmer Mac

Who is Farmer Mac?

Farmer Mac is a vital part of the agricultural credit markets and was created to increase access to and reduce the cost of capital for the benefit of American agriculture and rural communities. As the nation’s premier secondary market for agricultural credit, we provide financial solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost financing and risk management tools. Farmer Mac‘s customers benefit from our low cost of funds, low overhead costs, and high operational efficiency. In fact, we are often able to provide the lowest cost of borrowing to agricultural and rural borrowers. For more than a quarter-century, Farmer Mac has been delivering the capital and commitment rural America deserves.

Download our Corporate Fact Sheet

 

 

Our Beliefs

At Farmer Mac, everything we do is inspired by our mission, our promise and our values. Our promise sets a clear focus of our work while our values define how we carry out our mission.

Farmer Mac is committed to help build a strong and vital rural America by increasing the availability and affordability of credit for the benefit of American agriculture and rural communities.
To build a strong and vital rural America through innovation, collaboration and excellence.

Our mission and our promise are supported by the core values that have been formed throughout the history of this company. We put great emphasis on these values as they serve as a compass for our actions and describe how we aspire to do business every day.

 

Stewardship

Focus on being good stewards of our charter, our reputation, and our corporate responsibilities.

Unparalleled Service

Listen closely to our customers, be responsive, anticipate their needs, and develop strong, lasting relationships driven by a deep belief that their success drives our success.

Innovative Thinking

Encourage strategic thinking, ask questions, seek answers, embrace new technologies, value new ideas, and acquire knowledge to display thought leadership within the industries we proudly serve.

Collegial Collaboration

Create a collaborative culture where we attract, retain and develop a diverse group of talented professionals who continually seek knowledge while bringing energy and mutual respect to fulfilling our mission.

Unrelenting Excellence

Never underestimate the importance of accuracy or the significance of every action and interaction that contributes to our reputation for excellence in the marketplace.

Absolute Integrity

Be ethical, honest, and give careful consideration in everything we do.

Passion for Rural America

Share a passion for serving the people who help America set the global standard in agriculture and rural utilities while advancing the livelihood of rural communities.

One Farmer Mac

Each of us represents one Farmer Mac. We take pride in the innovation, collaboration, and excellence we bring to our promise of building a strong and vital rural America.

 

Our Leadership


Executive Leadership

Senior Management

Brian Brinch
Senior Vice President – Business Strategy & Financial Research
Chris Bohanon
Vice President – Corporate Relations
Allen Cook
Director – Internal Audit
Bryan Custodio
Director – Accounting Systems & Operations
Anjali Desai
Assistant General Counsel – Corporate & Compliance
Charles Grote
Senior Vice President – Finance & Investor Relations
Del Gustafson
Director – Loan Closing & Servicing
Julie Fortenbery
Vice President – Risk Officer
Matthew Histand
Director – Operations
Mike Juergens
Director – Credit & Loan Underwriting
Larissa Kennedy
Director – Accounting Policy & Financial Reporting
Patrick Kerrigan
Vice President – Business Development
Hugh Miller
Director – Credit Review
Mario Morais
Vice President – Operations & Technology
Megan Murray-Pelaez
Director – Marketing & Communications
Danny Odom
Director – Institutional Credit
Christy Prendergast
Vice President – Deputy General Counsel
Gregory Ramsey
Vice President – Controller
Jitin Singhal
Director – Institutional Business Development
Jackson Takach
Director – Economic Research & Business Innovation
Kerry Willie
Vice President - Human Capital
Grace Wu de Plaza
Director – Compliance and Corporate Integrity

Board of Directors

Farmer Mac’s 15-member Board of Directors oversees the Corporation to ensure that Farmer Mac is managed in a safe and sound manner and with an appropriate balance between financial performance and fulfillment of its public mission.

Farmer Mac’s charter legislation provides that Farmer Mac’s Board of Directors consist of 15 members.
  • Five of the directors are appointed by the President of the United States with the advice and consent of the United States Senate.
  • Five of the directors are elected by a plurality of the votes of the holders of Class A Voting Common Stock (stock that may be held only by banks, insurance companies and other financial institutions that are not Farm Credit System institutions).
  • Five of the directors are elected by a plurality of the votes of the holders of Class B Voting Common Stock (stock that may be held only by Farm Credit System institutions).
 

Lowell L. Junkins, Chairman(1)
Political Affairs Consultant
Lowell Junkins & Associates
Donnellson, Iowa

Myles J. Watts, Vice Chairman(1)
Professor, Agricultural Economics
Montana State University
Bozeman, Montana

Dennis L. Brack(2)
Director
Bath State Bank and Bath State Bancorp
Bath, Indiana

Chester J. Culver(1)
Founder
Chet Culver Group
Des Moines, Iowa

Richard H. Davidson(3)
Director
AgriBank, FCB
St. Paul, Minnesota

James R. Engebretsen(2)
Retired Professor, Finance
Marriott School of Management
Brigham Young University

Dennis A. Everson(2)
Director
First Dakota National Bank
Yankton, South Dakota

Sara L. Faivre(1)
Co-owner and Managing Partner
Wild Type Ranch
Cameron, Texas

Thomas W. Hill(3)
Former Chief Financial and Operations Officer
Farm Credit Bank of Texas
Austin, Texas

Mitchell A. Johnson(2)
Financial Consultant
Washington, District of Columbia

Clark B. Maxwell(2)
Chief Operating Officer
Chatham Financial Corp.
Kennett Square, Pennsylvania

Robert G. Sexton(3)
President
Oslo Citrus Growers Association
Vero Beach, Florida

Bruce J. Sherrick(1)
Professor, Agricultural and Applied Finance
University of Illinois
Champaign, Illinois

Douglas E. Wilhelm(3)
Former Chief Risk Officer
CoBank, ACB
Denver, Colorado

Keri L Votruba(3)
Owner
Votruba Farm
Hemingford, NE

(1) Presidential Appointee
(2) Director elected by holders of Class A Common Stock
(3) Director elected by holders of Class B Common Stock

Meet Some of the Team

We all take pride in the work we do and the important role we play in American agriculture.

 

 

 

Discover Ag

There are over 2 million farms and ranches across America – where are they? The map below contains USDA Ag Census data including number of farms, farmland acres, agricultural cash receipt ranking, and top five commodities produced for all 50 states. Click a state to learn more.

Over a quarter-century financing rural America under our belt.

Our innovative solutions can be custom-designed to fit your needs.

Our talented team of knowledgeable agriculture and financial specialists all share a passion for rural America and are committed to solving your problems and exceeding your expectations.

Preserve capital and increase liquidity. Your bank will thank you for it.

Mitigate credit and interest rate risk…We’re here so you (and your customers) can kick back and relax once in a while.

Gain special access to our favorable rates and terms for ag mortgages, including long-term fixed rate loans up to 30 years.

Like flies to honey, we can help your bank attract more customers by expanding your product offerings.

Our solutions enable you to compete with other banks and lending institutions. No one likes to lose.

One size does NOT fit all. Work with us to offer your customers a wider breadth of lending solutions to best fit their needs.

Faster than those pesky weeds, we can help you grow with your producers and agribusiness customers.

Join our Team!

Here is a little bit about us. And a little about you.

WE: We are a diverse group of talented, engaged, and most importantly – passionate individuals who are committed to bringing vitality to rural America through innovation, collaboration, and excellence.

From recent graduates to the leadership team driving corporate strategy, our staff embodies the principles that have guided Farmer Mac since its inception and help us to serve as a champion for rural America.

YOU: You are an individual who continually seeks knowledge while bringing energy and mutual respect to fulfilling our mission. You ask questions. You look for answers. But most importantly, you have an appreciation for rural America and as such, want to devote your career to serving those who help set the global standard in agriculture and rural utilities while advancing the livelihood of rural communities.

If you fit the bill and want to join the team, send us your resume and cover letter to careers@farmermac.com.

Working with Farmer Mac

“I use Farmer Mac to compete. The more products I offer, the more loyal my customer.”

Bob Carpio, Branch President
Colorado Community Bank, Yuma, CO

More reasons to Work with Farmer Mac