65% of Farm Credit Bank of Texas employees would recommend working there to a friend based on Glassdoor reviews. 10, Yongsui Street, Taipei City formally opened for business on 20 May 1975. Team members, customers, business partners and vendors can anonymously report concerns about accounting, financial reporting and audit-related matters. In his early years, he and his family ran sheep and goats in the rugged Sierra Vieja Mountains and later switched to cattle when predators and low wool prices made raising sheep and goats impractical. In 2018, Aaron began serving as the Credit Office President for both the Waco and Hillsboro offices. Total equity Kenneth was first elected to the board in 2012. In addition, Floerke 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. He also is a graduate of the Southwestern School of Banking. He is responsible for the bank's credit division, which includes capital markets, association direct lending, risk management and credit operations. It also gives a behind-the-scenes look at how funding flows from the nations money markets to Farm Credits customers. The Austin-based bank is a part of the Farm Credit System, the nations oldest and largest source of rural financing. All rights reserved. According to TCBs Articles of Incorporation, the Bank is in charge of carrying out the missions of operating a banking business, developing national economic construction, and providing financial adjustment for the farming and fishery Blaut has more than 20 years of banking experience and has worked in the Farm Credit System since 2006. News; Blog; Marketing Information; Landscapes; Community Support. A native of Runnels County, Robby is a graduate of Ballinger High School and attended Tarleton State University. Cortese Farm and Ranch Inc., a farming and ranching operation. He also has served as a director for Neuro Resources Group, a medical devices firm. The United World Chinese Commercial Bank (UWCCB) and Cathay Commercial Bank (CCB) was merged and renamed Cathay United Bank. According to the list of the worlds top 1,000 banks by asset size, published in the July 2021 issue of The Banker Dorothy Nichols was appointed to the board in May 2019. Tim Traister is a Vice President Regional Manager at Farm Credit Bank of Texas based in Austin, Texas. In her current position, Rocap is responsible for assessing level of risk in bank activities to ensure sufficient audit coverage, and works closely with the banks audit committee. Her department facilitates the Farm Credit Administrations examination process and works with external auditors. It has held firmly to the operating principle of Customer First, Service Foremost, creating greater value for customers wealth and expectations. He is vice chair of the bank's audit committee, and serves on the bank's compensation committee. To achieve the cross-industry condition for the Amie Pala was named chief executive officer for Farm Credit Bank of Texas in January 2021. Originally from Montgomery, AL, Hans earned his Bachelor of Science degree in Accounting from Auburn University at Montgomery and his Master of Accountancy degree from the University of Alabama. Mr. Cortese is a member of the Tenth District Farm Credit Council board and is a member of the Texas Agricultural Cooperative Council board of directors, an industry trade association. Jimmy began his Farm Credit career in 1987 as a loan officer trainee at Western Federal Land Bank Association (FLBA), where a few years later he was named CEO. Commercial Lending Lead at Farm Credit Bank of Texas . Earlier, he was vice president of Edisto Farm Credit, ACA now AgSouth Farm Credit, ACA in South Carolina. Ranching and Farm Land Financing in Texas, Operating Capital, Equipment, and Livestock. Pala holds a degree in finance from the University of Texas and an MBA from the University of Dallas. Cathay Commercial Bank (CCB) was originally founded as the Diyi Xintuo Touzi Gufen Youxian Gongsi [First Trust and Investment Co., Ltd.] which established in June 1971. Email. AUSTIN Farm Credit Bank of Texas has named Brandon Blaut chief financial officer of the $27.3 billion bank. He began his career as a commercial lender with Amarillo National Bank. District net income totaled $578.2 million in 2020. water and wastewater projects, Farm Credit supports Texas wildfire relief efforts, CCC loans provide grain marketing flexibility, Auction Generates $15,000 for DCHA Scholarship Fund, TSCRA Announces 2023 Fall Internship Opportunities, Georgia Cotton Commission Mid-Year Meeting July 26, Farm Credit Announces New Program to Assist the Next Generation of Farmers, LEAD Fellowship Applications Available for Group 42, Higher Cattle Prices Good, But Wide Profit Margins Are Better, PACFA Advisory Committee Meeting Notice In Person and Virtual (Hybrid), Farm Bureau Responds to EPA Chesapeake Bay Lawsuit Settlement. protection of consumers rights and provide superior insurance services, the Bank merged with Cooperative Insurance Brokers Co., Ltd. on Jun. More most relevant news. Joe H. Hayman, Chief Executive Officer, has been with the Farm Credit System since 1994. 2023 Morning Ag Clips, LLC. She has worked as Senior Consultant at Protiviti; Senior Manager, Risk Assurance at Pricewaterhouse Coopers (PwC); and Director, Risk Assurance at Pricewaterhouse Coopers (PwC). The youth, ages 9 to [], Texas ranchers, forage producers battling fall armyworms, Texas Agriculture Commissioner Sid Miller: The great Texas water plan. Involved with agriculture since he was five years old with his dad, Travis had his first herd of cows at age 17. Participants included, from left, back row: Jacob Newman, Heritage Land Bank; Keith McKinley, Alabama Ag Credit; Tate Rosenbusch, Plains Land Bank; Colton Long, AgTexas Farm Credit; Aaron Wiechmann, FCBT; Clint Cryer, Capital Farm Credit; Clint Walker, Legacy Ag Credit; Josh Warmack, Alabama Farm Credit. He earned his Bachelor of Science degree in agricultural economics from Texas A&M University. She is also a certified international cash manager (CERT-ICM) with the Association of Corporate Treasurers. Jeff received a bachelors degree in Journalism from the University of Georgias Henry W. Grady College of Journalism and Mass Communications. Philip enjoys hunting and shooting sports, including long-range precision rifle, pistol shooting and sporting clays. 9% of Farm Credit Bank of Texas management is Hispanic or Latino. tremendous opportunity to learn from those in D.C. and New York, but also convey the needs and issues coming from our members so that rural America can prosper for the long-term.. He was previously the Credit Office President in the Waco Credit Office, where he began his career as a loan officer trainee in June 1999. 3, 2012, making the two companies as subsidiaries of TCFHC. Explore mission and values at Farm Credit Bank of Texas. Learn about workplace happiness, inclusion, purpose, charitable giving and why people move on. . senior leaders about local lending conditions. First elected to the board in 2003, he was vice chair from January 2009 through December 2011. Jim Ed holds a bachelor's degree in agricultural development from Texas A&M University and a master's degree in agricultural and applied economics from Texas Tech University. Mr. Bumgarner is vice chairman of the Executive Committee and is co-chair of the Project Prioritization and Governance Committee. In addition, he is a manager and the treasurer of Franklin Farmers Alliance LLC, a farmer-owned agricultural retail store. The merged bank was renamed "Cathay United Bank Co., Ltd." To expand the scope of services provided and our market share, we then acquired Diqi Shangye Yinhang [Seventh Commercial Bank] on 1 January 2007. Founded in 1916, Farm credit is the nations largest source of loans for agriculture, agribusiness, rural real estate and country homes. Twenty-two Farm Credit District employees took part in the 2022 Farm Credit Association Leadership Program, September 12-15. He succeeds Kurt Thomas, who is retiring from the position after 36 years of Farm Credit service. TCBs subsidiary currently includes the United Taiwan Bank S.A. He is past president of the Texas Purebred Cattle Alliance and a former member of the Independent Cattlemen's Association and the Texas Beef Council boards. Nichols spent 30 years as a top executive at federal financial regulators and insurers. Mr. Renard has more than 23 years experience in the Farm Credit System since starting his career at the FCBT and has overseen the IT areas of data, infrastructure, support, security, compliance, and development. In 1913, Taiwans first industrial association was established during Japanese occupation period. Today [June 23, 2022], the South Dakota Department of Agriculture and Natural Resources (DANR) announced the Board of Water and Natural Resources has approved $243,789,728 in grants and loans for drinking water, wastewater, and solid waste projects in South Dakota. He is one of the boards financial experts on the banks audit committee, and serves on the banks compensation committee. His parents continue to run cattle and a custom hay-baling operation. Dr. Larry Boleman was elected to a three-year term on the bank's board effective Jan. 1, 2021. Previously, he was the banks vice president of finance and loan operations. And thank you to Jimmy Chambers . As chief credit officer of the $22.3 billion wholesale funding bank, Sloan will be . He is also the foreman and co-owner of Frey Cattle Company, a cattle order buying operation located in Ballinger. Erlichman has worked in the technology field since 1988, including more than 25 years at financial services companies. Jimmy Chambers has been Central Texas' chief executive officer since 2011. Find out more about who we are and how we serve our members. Both UWCCB and CCB have been merged in compliance with the Financial Institution Merger Act and other relevant laws. Previously Bennett was vice president and unit manager of the bank's Capital Markets Group for 16 years. We understand the complex financing needs or rural America and as a credit cooperative. Employees also rated Farm Credit Bank of Texas 3.5 out of 5 for work life balance, 3.6 for culture and values and 3.4 for career opportunities. His previous career experience includes 13 years with HORNE LLP in Ridgeland, MS, where he served as a Partner in their assurance and advisory practice; six years with Colonial Bank in Montgomery, AL, where he served as their Senior Vice President, Director of External Reporting and Accounting Policy; and five years with Ernst & Young LLP in Birmingham, AL and San Antonio, TX where he served as a manager in their assurance and advisory practice. FORT WORTH, Texas Tessie Doyle, vice president Credit Operations at Lone Star Ag Credit, was among 22 delegates to participate in the 2022 Farm Credit Bank of Texas Association Leadership Program (ALP) to New York and Washington, D.C., September 12-15. A resident of College Station, Texas, he retired from the Texas A&M System in 2018 as professor and associate vice chancellor emeritus. During the week, delegates across the five-state district visited the Federal Farm Credit Banks Funding As of Dec. 31, 2021, the Bank boasts a total of 296 domestic and overseas branches (including the Department of Business, Offshore Banking Branch, United Taiwan Bank, Manila Offshore Banking Branch, Los Angeles Branch, Seattle Branch, New Farm Credit Bank of Texas appoints new CFO, promotes finance VP. In 1946, the government took over Taiwan Industrial Bank, and we were reorganized from Taiwan Industrial Bank into Taiwan Cooperative Bank (hereafter referred to as TCB or the Bank) within the same year. He and his wife, Marsha, are members of First United Methodist Church in Brady. Read more from Joe Haymans letter to Stockholders in the 2021 Annual Report here: Letter From Joe Hayman CEO. The Farm Credit Bank of Texas executive team is. He lives on a farm outside of McGregor with an operation consisting of cattle, corn, wheat, and rental property. Since then, he has continuously served Farm Credit in capacities such as branch manager and chief credit officer. She holds a bachelors degree in history from the University of Maryland and a doctorate in law from George Washington University. Steven is a member of Haskell County Farm Bureau and the Rolling Plains Central Boll Weevil Eradication Steering Committee. Jeff Royal has worked in the field of appraisal for over 35 years, first as an appraiser in Dallas, Texas, then joining the Farm Credit System in 1998. Brandon Blaut was appointed chief financial officer of Farm Credit Bank of Texas in January 2021. Mr. Nors serves as Regional President of Lone Star Ag Credits Southern Region which includes Waco, Hillsboro, Lampasas, Georgetown and Corsicana branches. Mr. Tsai initiated the 5-Year Reformation Program and successfully renamed the Company as Huitong Shangye Yinhang Gufen Youxian Gongsi [Huitong Commercial Bank Co., Ltd.] on 16 November 1998. Mr. Wiethorn serves as Senior Vice President of Lending for Lone Star Ag Credit and Regional President over the Western Region which includes Stephenville, Cleburne, Abilene and Sweetwater branches. He is secretary of the Coleman Rodeo Association. He serves on the banks audit and compensation committees. 2023 Morning Ag Clips, LLC. He enjoys reading, fishing, and spending time with his wife, Kallie, their son Jake, and their dogs. He has worked in various capacities within the System, formerly serving as the Chief Operating Officer at Texas AgFinance, FCS, and most recently as Chief Executive Officer at Southern AgCredit, ACA, for 12 years, until joining the Association in February 2020. All rights reserved. Contact. To maximize the combined performance of Cathay Financial Holding, we have implemented measures such as integrating the resources of the two banks, streamlining operational costs, improving operational efficiency, and expanded our services. He is responsible for finance, treasury and cash operations, interest rate risk management, debt, derivatives and capital issuance, financial planning and analysis, investment portfolio and liquidity management, accounting and financial reporting, loan accounting operations and Sarbanes Oxley compliance. The district comprises Farm Credit Bank of Texas and 14 local lending co-ops in Alabama, Louisiana, Mississippi, New Mexico and Texas. holding company, TCBs securities department was spun off as the Taiwan Cooperative Securities Co., Ltd. on Dec. 2, 2011. Floerke and her husband raise cattle and hay in Lampasas County, Texas. Maryland Farm Bureau endorses legislative candidates, Farm Credit supports Texas wildfire relief efforts, Chautauqua Co. youth take home 4-H Dairy Show awards, Auction Generates $15,000 for DCHA Scholarship Fund, TSCRA Announces 2023 Fall Internship Opportunities, Georgia Cotton Commission Mid-Year Meeting July 26, Bosch BASF Smart Farming and AGCO Developing Smart Spraying Capabilities, CCE Niagara offers Beginning Farmer Training Program, Farm Credit Announces New Program to Assist the Next Generation of Farmers, Webinar: Understanding Landowner Immunity Statutes. Previously, he was vice president, capital markets, with AgFirst Farm Credit Bank in Columbia, South Carolina, for three years. . During his tenure at Lone Star Ag Credit, Jeff has overseen all Appraisal Operations and since 2020 serves as Chief Collateral Risk Officer. He also ensures the bank and its affiliated lending cooperatives have efficient systems for credit delivery and compliance, including FarmView, an integrated suite of technology products for managing the full lending relationship. The reference date for the merger was 27 October 2003. The Bank has now been in business for more than a century. Association. He succeeds Amie Pala, who was appointed chief executive officer, effective Jan. 1. He started his career with the Association as a Loan Officer in the Stephenville branch, later becoming the Credit Office President. Read More . Mike took out his first loan with Farm Credit in 1985, and was first elected to the Central Texas Farm Credit Board in 2008. As of Sep 2021, the Bank's capital was NT$90.88 billion. He is the former president of Gores, Inc. in Comanche, Texas, which was a dairy, beef cattle, and feed manufacturing business that operated in Texas and New Mexico. Active in his community, he is a member of the Runnels County Farm Bureau and a member of St. Boniface Parish, where he serves on the parish council auction committee. He transitioned to Regional President in 2020 after serving as Credit Office President for the Denton and Sherman Branches. Dennis Anthony joined the board of directors in 2023. Most recently, he was the banks vice president of finance and loan operations. The 102-year-old bank is a part of the Farm Credit System, a nationwide network of rural lending cooperatives. Prior to joining Farm Credit Bank of Texas in 2015, he was chief financial officer and later chief credit officer for Great Plains Ag Credit. Nisha studied at McCombs School of Business between 1996 and 2001. Mr. Halfmann is a third-generation farmer and rancher in Runnels County, who bought his first set of cattle at age 13 and made his first land purchase through Central Texas when he was 23.