Wednesday, June 13, 2018

Annual Meeting Results

It was a busy April, here at Yankee. We held five annual meetings this year, starting on Monday April 9th, with a morning meeting in Chazy, NY then Middlebury, VT in the evening. Tuesday was in Quechee, VT, and we finishing up on Thursday, April 12th with a morning meeting in Newport, VT and the evening in St. Albans. We had an increase in overall attendance which was a welcome sight as 2017 was an eventful year for Yankee and there was much to communicate with members. Each meeting also offered members the opportunity to hear from director candidates, vote for directors in their region, hear from Brenda Frank, CEO and Paul Franklin, Board Chairperson about the state of the Association, and get introduced to a few current members of our FarmStart program,  an alternative to our traditional financing products, specifically designed to assist beginning farmers and cooperatives.

Voting concluded on Thursday evening at the St. Albans meeting. The ballots were counted and the results were announced before the meeting adjourned.

Elected to three year terms on the board of directors were:
Region 1-Craig Giroux
Region 2-Brad Maxwell
Region 3-David Folino


David Folino

Craig Giroux

Brad Maxwell













Congratulations to  Craig, Brad and David and thanks to Anne Lincoln, Mateo Kehler, Clifford Allard and Jane Clifford for participating in the elections as candidates.

Yankee CEO, Brenda Frank reflected on this year's meetings and the coming year.

"It was a tremendous support being able to talk with members over the week. Our team is dedicated to staying focused on the industries we serve while managing the many challenges of the coming year. The rising interest rate environment offers challenges for everyone at Yankee Farm Credit, but we stay committed to returning any additional profit to our members."

Paul Franklin, Board Chairperson commented on the importance of member support to the success of our Association.

"The board of directors is pleased to have such broad support and participation in the Association's annual meetings. The election process is so important to running this organization and we are pleased to welcome Craig and David to the board.

We appreciate your patience as Yankee's staff completes the conversion to new support programs. They offer new efficiencies and services, but also learning challenges and change for all of us. Make sure you look to the staff for any help you need with any of this or other lending issues.

We are proud to have had a successful year reflected in our patronage and look forward to continuing the year servicing our customers with a safe and strong Agricultural Credit Association."

Thank-you to the members that participated, and a special thanks to employees for organizing and running successful meetings. We welcome any feedback about annual meetings. If you have questions or comments, please let us know! You can email your thoughts to our Corporate Secretary, Jim Mills at jmills@yankeefarmcredit.com or call at 800-639-3053.


https://www.yankeefarmcredit.com/products-and-services/farm-start