Farm Credit Bank of Texas announces board election results

Agriculture Minute


Farm Credit Bank of Texas stockholders recently elected Dennis Anthony of Friona, Texas, and reelected Linda Floerke of Lampasas County, Texas, to the Farm Credit Bank of Texas board of directors. Both will serve three-year terms beginning Jan. 1, 2023.

Anthony succeeds longtime board member Ralph “Buddy” Cortese of Fort Sumner, New Mexico, who has completed 27 years of service on the board and did not stand for reelection.

Anthony owns and operates Anthony Farm & Cattle, which produces stocker cattle, milo, wheat and corn in Parmer and Deaf Smith counties. He has served on the boards of Farm Credit lending cooperatives since 1993, including as chair of the AgTexas Farm Credit Services board since 2015 and th-e Gr-eat Plains Ag Credit board from 2009-14. He also serves on the boards of the Parmer County Hospital District and Parmer Medical Center. He holds a degree in agricultural economics from Texas Tech University.

Floerke has served on the Farm Credit Bank of Texas board since 2017 and has been its vice chair since 2021. She also serves on the bank’s audit and compensation committees and is a member of the Tenth District Farm Credit Council. Floerke raises cattle and hay in Lampasas County, and co-owns Agro-Tech Services. In addition, she serves on the Texas A&M AgriLife Extension Leadership Advisory Board for Lampasas County and is a member of the Texas Agricultural Cooperative Council board.

In addition to Anthony and Floerke, members of the seven-person bank board as of Jan. 1 will be Chair James F. “Jimmy” Dodson, Robstown, Texas; Dr. Larry Boleman, College Station, Texas; John L. “Jack” Dailey, Extension, Louisiana; M. Philip “Phil” Guthrie, Dallas, Texas; and Dorothy Nichols, Reston, Virginia.

About Farm Credit Bank of Texas

With $35.3 billion in assets, Farm Credit Bank of Texas is a cooperatively owned wholesale bank that finances agriculture and rural America. Headquartered in Austin, it funds 14 local lending cooperatives so they can make loans to farmers, ranchers, agribusinesses and rural property owners in Alabama, Louisiana, Mississippi, New Mexico and Texas. The bank is a part of the Farm Credit System, the nation’s oldest and largest source of rural financing.