BOARD OF DIRECTORS APPLICATION

Deadline to submit CFS Board Member Application is September 15th

PERSONAL INFORMATION

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CFS Director Policies state that no person who will be 70 years or older at the time of the election will be eligible to be nominated as a director.

APPLICATION

ACKNOWLEDGEMENT

The CFS Board of Directors, recognizing the responsibility of leadership, has adopted the following policy as a guideline for directors:

The following qualifications and characteristics should be considered:

  • Personal characteristics of honesty, loyalty, and stability
  • Understands and supports the CFS vision, mission, and purpose.
  • Ability to work well within a team and support majority decisions
  • In good standing (financial/credit) with the co-op
  • Supportive of the cooperative, both in voice and in patronage
  • Be under age 70 at the time of election
  • To qualify as a director, an individual must be a voting member of the cooperative, not be in competition with the cooperative, patronize the cooperative, and maintain a three-year running average of at least $75,000 in annual business with CFS.
  • Demonstrate leadership characteristics.
  • Demonstrate understanding of cooperatives and their purposes.
  • Have sufficient time to attend and participate in board meetings and be willing to attend director training sessions.
  • Have the ability to read and understand fundamental financial statements.
  • Have the ability to work well with others as a team and to support majority decisions.
  • Committed to attending local, regional, and state meetings, seminars, and training institutes
  • Under the age of 70 at the time of the election
  • Willingness and ability to keep board matters confidential
  • Have not been employed by an agricultural cooperative in the last 5 years preceding nomination

A CFS Board Director must be an “actively engaged” producer of agricultural products, who does at least $3,000 in business with the co-op each fiscal year. “Actively engaged” in reference to the sale of grain and/or livestock is when said producer derives a minimum of $5,000 from the sale of grain and/or livestock as stated on Schedule F of the patron’s IRS tax return.

I acknowledge the following:

  • I understand the guidelines set above and wish to apply as a candidate for the CFS Board of Directors.
  • I have no loyalties or affiliations that would interfere with being a member of the CFS Board of Directors.
  • I am not an officer, director, or employee of any organization that competes with CFS in any manner.
  • I understand that the above information may be used in a future CFS publication.
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